LADWP

EVgo Expansion in Los Angeles Recognized with 1st Place Leadership Award by Largest Municipal Utility in the Nation

Retrieved on: 
Wednesday, May 1, 2024
Other Transport, Green Technology, Fleet Management, Vehicle Technology, Environment, Transport, Automotive, EV, Electric Vehicles, Sustainability, Environmental Policy, Environmental Issues, Environmental Health, Utilities, Alternative Vehicles, Fuels, Energy, Other Automotive, General Automotive, Public Transport, Ecosystem, EVS, Energy efficiency, Partnership, Electrification, Electric vehicle, LADWP, Multimedia, Organization, Operation

EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that the company was recognized with a first place Leadership Award for Level 3 Electric Vehicle Charging – also known as DC fast charging – by the Los Angeles Department of Water & Power (LADWP).

Key Points: 
  • EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that the company was recognized with a first place Leadership Award for Level 3 Electric Vehicle Charging – also known as DC fast charging – by the Los Angeles Department of Water & Power (LADWP).
  • EVgo was honored as part of LADWP’s “Electrification of Transportation” category for its success deploying DC fast charging infrastructure in the Los Angeles metro area, expanding access to public charging in support of the state’s nation-leading climate goals.
  • View the full release here: https://www.businesswire.com/news/home/20240501120294/en/
    EVgo fast charging station in Los Angeles, CA.
  • EVgo has a long history of collaboration with LADWP, including ongoing efforts with the utility and city agencies to streamline deployments of accessible EV charging infrastructure in Los Angeles through permitting and zoning reforms.

Valta Energy and Black Bear Energy Celebrate Completion of 1.7MW Solar Array in Los Angeles

Retrieved on: 
Thursday, February 29, 2024
Commercial Building & Real Estate, Utilities, Construction & Property, Environment, Alternative Energy, Energy, Building Systems, Green Technology, Ares Management, Real estate, Valta, Fit, Multimedia, LADWP, Carbon, Electricity, Renewable energy

Valta Energy and Black Bear Energy are proud to announce the completion of a 1.7 MW rooftop solar array on a warehouse property located in Torrance, CA and owned by Ares Management (“Ares”) Real Estate funds.

Key Points: 
  • Valta Energy and Black Bear Energy are proud to announce the completion of a 1.7 MW rooftop solar array on a warehouse property located in Torrance, CA and owned by Ares Management (“Ares”) Real Estate funds.
  • The project, which is part of the Los Angeles Department of Water and Power (LADWP) Feed-in Tariff (FiT) program, will provide renewable electricity to the local utility grid.
  • Launched in 2013, the FiT program incentivizes the deployment of solar through predetermined tariff rates for twenty years.
  • The system, built by Valta Energy and facilitated by Black Bear Energy, will produce 2,963,023 kWh per year, equivalent to powering 202 homes yearly.1
    This press release features multimedia.

KBRA Assigns AA Rating to the Department of Water and Power of the City of Los Angeles Power System Revenue Bonds; Outlook is Stable

Retrieved on: 
Wednesday, February 28, 2024
Finance, Banking, Energy, Professional Services, Utilities, Issuer, Outlook, LADWP, City, Jules Kroll, European, AA, Electricity, KBRA, GHG, Pressure, Renewable energy

KBRA assigns a long-term rating of AA to the Department of Water and Power of the City of Los Angeles (LADWP) Power System Revenue Bonds, 2024 Series A and 2024 Series B.

Key Points: 
  • KBRA assigns a long-term rating of AA to the Department of Water and Power of the City of Los Angeles (LADWP) Power System Revenue Bonds, 2024 Series A and 2024 Series B.
  • The long-term rating of AA on LADWP's outstanding Power System Revenue Bonds is concurrently affirmed.
  • Current electricity rates, while well above the national average, are affordable relative to other California utilities, allowing some rate flexibility.
  • The rate structure incorporates several pass-through adjustments that effectively decouple revenue generation from changes in customer demand.

Batteries Plus of Rosemead Partners with Los Angeles Department of Water and Power

Retrieved on: 
Wednesday, January 31, 2024
Partnership, LOS, Recycling, Batteries Plus, Wane, Businessperson, System, Water, City, Orange County Sheriff's Department, LADWP, Equipment, AutoNation

LOS ANGELES, Jan. 31, 2024 /PRNewswire/ -- The Los Angeles Department of Water and Power (LADWP) has a new power source to begin the new year. As the local chapter of the nation's premier power partner for businesses, Batteries Plus's Rosemead location secured a partnership with the LADWP to provide batteries for the department's equipment and vehicles as it maintains the equilibrium of power and water in one of the largest cities in the United States.

Key Points: 
  • Local Business Owner Provides Batteries, Lighting, and Equipment for Public Works Vehicles and More
    LOS ANGELES, Jan. 31, 2024 /PRNewswire/ -- The Los Angeles Department of Water and Power (LADWP) has a new power source to begin the new year.
  • Spearheading this partnership is married couple Yoonie Bae and Jason Hsiao, owners of Batteries Plus Rosemead.
  • The lifespan of each battery is between 4-6 years, and once the fleet's older batteries begin to wane, Batteries Plus will provide even more to the department.
  • In partnering with Batteries Plus, the department could more reliably power their fleet and go further with its sustainability efforts at an extremely affordable rate.

Large-Scale Rooftop Solar Project Unveiled in Northeast San Fernando Valley

Retrieved on: 
Friday, January 26, 2024
Environment, Construction & Property, Public Policy, Government, Building Systems, Alternative Energy, Sustainability, Energy, State, Local, Other Construction & Property, Carbon footprint, The Business Council, Quality of life, LADWP, Carbon, Tree, Fit, Human, Workforce, Air pollution, Renewable energy

“Projects like these reduce our carbon footprint and strengthen the local economy in the Northeast San Fernando Valley.

Key Points: 
  • “Projects like these reduce our carbon footprint and strengthen the local economy in the Northeast San Fernando Valley.
  • We thank the Los Angeles Business Council and our valley regional partners for making this project a reality.”
    The solar project was officially unveiled at a ceremony hosted by the Los Angeles Business Council, which has played a pivotal role in bringing solar programs like the FiT program to areas historically impacted by high pollution.
  • Assemblywoman Luz Rivas, who represents the San Fernando Valley, commended California for outperforming the rest of the world in renewable energy.
  • In 2018, the Wells Fargo Foundation awarded the coalition a $500,000 grant to support the installation of rooftop solar as well as urban greening initiatives in the Northeast Valley.

X1 Appoints eDiscovery Technology Veteran Charles Meier as VP of Product

Retrieved on: 
Tuesday, January 23, 2024
Professional Services, Data Management, Technology, Legal, Other Technology, Software, Networks, KPMG, Collection, Warner Bros. Discovery EMEA, Multimedia, Microsoft, Software as a service, Science, Computer science, Louisiana State University, LADWP, Early case assessment, Stone & Webster, MS 365, Legal hold, Growth

View the full release here: https://www.businesswire.com/news/home/20240123077914/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240123077914/en/
    Charles Meier, VP of Product of X1.
  • (Photo: Business Wire)
    Charles “Chas” Meier brings over 20 years of in-depth technology expertise and eDiscovery industry experience to X1 having previously held long-term senior positions at KPMG and other prominent multinational organizations in the eDiscovery space.
  • “Chas is a highly skilled business and technology expert with a deep-rooted background in product strategy and development of enterprise eDiscovery software and services,“ said Larry Gill, Chief Executive Officer at X1.
  • "It is an amazing opportunity to be able to help lead the product strategy with this innovative team and its industry-leading technology solutions.

KBLA Talk 1580 Announces Historic 12-Month, $2 Million Climate Justice Campaign Aimed at California Communities of Color on MLK Holiday Weekend, Friday, January 12, 2024, 10:30 AM, MLK Memorial Tree Grove @ Kenneth Hahn State Recreation Area

Retrieved on: 
Friday, January 12, 2024
Environment, Climate Change, Entertainment, Environmental Issues, Professional Services, Public Policy, Government, TV and Radio, DEI (Diversity, Equity and Inclusion), State, Local, Environmental, Social and Governance (ESG), Power, Port, African Americans, Demographics of Los Angeles, Social media, KBLA, Health, Life, Metro, Face, Housing, Survival, Air conditioning, Branding, Air pollution, Map, California Community Foundation, Q4, Sierra Club, LADWP, Climate change, Water, Talkers Magazine, Equity, Human, Tavis, Organization, Climate, Marketing, Private sector, Q3, Communication, Justice, Mobile phone

Going Public PR, a Black and female-owned Communications and Branding agency, will lead the coordination of the aforementioned efforts.

Key Points: 
  • Going Public PR, a Black and female-owned Communications and Branding agency, will lead the coordination of the aforementioned efforts.
  • Additional Quotes About the Climate Justice Campaign:
    “LADWP is a proud partner in this climate justice campaign, and it perfectly complements the numerous climate equity initiatives we already have underway.
  • “We recognize the urgent need for action in the face of climate change, especially within our communities of color.
  • While KBLA Talk 1580 is unapologetically progressive, the station and its on-air talent prefer good ideas over ideology.

LAX’s Rent-A-Car facility recognized for sustainability excellence by U.S. Green Business Council–Los Angeles

Retrieved on: 
Tuesday, December 12, 2023
Carbon, Biophysical environment, Carbon footprint, Partnership, Fengate, Peterborough, Los Angeles International Airport, Green building council, LADWP, Electricity, Environment, Eastern Canada, News, Dollar Rent A Car, Investment, LEED, Fit, International airport, LAX, APM, Interim, Gold, LAWA, Airport, Transport, Renewable energy

LOS ANGELES, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Fengate Asset Management's (Fengate) Los Angeles International Airport (LAX) Consolidated Rent-A-Car (ConRAC) facility has been recognized with an Energy and Operational Carbon Design Merit award from the U.S. Green Building Council’s Los Angeles chapter (USGBC-LA).

Key Points: 
  • LOS ANGELES, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Fengate Asset Management's (Fengate) Los Angeles International Airport (LAX) Consolidated Rent-A-Car (ConRAC) facility has been recognized with an Energy and Operational Carbon Design Merit award from the U.S. Green Building Council’s Los Angeles chapter (USGBC-LA).
  • Together, they have positively impacted the local community by operating sustainably and balancing economic, social and environmental responsibilities.
  • To date, the project has created more than 5,000 jobs and $200 million in wages for the local workforce.
  • “The U.S. Green Building Council is a global leader in sustainable building design, consistently setting the bar for best practices.

KBRA Assigns AA+ Rating to the Department of Water and Power of the City of Los Angeles Water System Revenue Bonds, 2024 Series A; Outlook is Stable

Retrieved on: 
Wednesday, December 20, 2023
Professional Services, Finance, LADWP, Jules Kroll, KBRA, European, City, Water, DSC, 1996 California Proposition 218, Issuer, Growth, Fertilizer

KBRA assigns the long-term rating of AA+ with a Stable Outlook to the Department of Water and Power of the City of Los Angeles (LADWP) Water System Revenue Bonds, 2024 Series A.

Key Points: 
  • KBRA assigns the long-term rating of AA+ with a Stable Outlook to the Department of Water and Power of the City of Los Angeles (LADWP) Water System Revenue Bonds, 2024 Series A.
    Concurrently, KBRA affirms the long-term AA+ rating and Stable Outlook on the Department's outstanding Water System Revenue Bonds.
  • Rate structure incorporates several pass-through adjustments that effectively decouple revenue generation from changes in customer demand.
  • Water rates remain competitive and affordable, despite having increased annually since 2018 at a compound annual growth rate of 5.2%.
  • Existing leverage is high, and further growth is expected with the implementation of the ambitious 2024-2028 Water System CIP, which focuses on enhancing local water supply.

NREL’s Community-Driven Analysis Identifies Strategies To Improve Equity in LA's Clean Energy Transition

Retrieved on: 
Thursday, November 16, 2023
UCLA, Research, Golden, Colorado, Water, University, Investment, Risk, LADWP, Partnership, Sustainable energy, Housing, CO, DOE, NREL, Face, Renewable energy

NREL used procedural, recognition, and distributional justice tenets to guide its engagement with Los Angeles stakeholders and analysis approaches.

Key Points: 
  • NREL used procedural, recognition, and distributional justice tenets to guide its engagement with Los Angeles stakeholders and analysis approaches.
  • “Each piece was crucial to identifying tangible, actionable strategies that could improve equity in the city’s clean energy transition.”
    The project results find that historical LADWP program investments are inequitable.
  • A 100% clean energy transition calls for a major shift in how investments are allocated.
  • NREL is the U.S. Department of Energy's primary national laboratory for renewable energy and energy efficiency research and development.