LATHAM

Plug Signs Additional BEDP Contracts for a Total of 4.5GW of Electrolyzers Across Europe and the United States

Retrieved on: 
Thursday, April 25, 2024
Proton, EnergySolutions, Risk, OEM, Engineering, Proton-exchange membrane, FID, PEM, Growth

These agreements enhance Plug’s overall BEDP portfolio, bringing the company’s total amount of global BEDP contracts to 4.5 gigawatts (GW).

Key Points: 
  • These agreements enhance Plug’s overall BEDP portfolio, bringing the company’s total amount of global BEDP contracts to 4.5 gigawatts (GW).
  • Earlier this year, Plug finalized a 500MW contract in Europe, and with the addition of this 350MW contract, the company has now closed 850MW of BEDP contracts in just four months.
  • "Within just three years, we've significantly scaled our business and have successfully shipped and deployed electrolyzers across five continents.
  • Over the course of 2024, it plans to deliver an additional 40 systems for a cumulated total of 189MW.

Plug Continues to Make Substantial Advancement in Hydrogen Generation Buildout

Retrieved on: 
Tuesday, April 23, 2024
Proton, EnergySolutions, Olin Corporation, Hydrogen, Proton-exchange membrane, PEM, TPD, Growth, Joint

LATHAM, N.Y., April 23, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has reached nameplate capacity at the company’s hydrogen plants in Georgia and Tennessee. With this increased supply from our hydrogen production network, Plug will benefit from a lower cost of hydrogen, a crucial step in the company’s roadmap to achieve profitable growth. This is headlined by the company’s first green hydrogen plant in Georgia already reaching nameplate capacity of 15 tons per day (TPD) of liquid hydrogen production, marking a significant milestone for Plug’s hydrogen network and the hydrogen economy in the U.S.

Key Points: 
  • Recalibrated hydrogen pricing continues to make solid progress, underscoring strategic nature of Plug’s customer relationships
    LATHAM, N.Y., April 23, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has reached nameplate capacity at the company’s hydrogen plants in Georgia and Tennessee.
  • With this increased supply from our hydrogen production network, Plug will benefit from a lower cost of hydrogen, a crucial step in the company’s roadmap to achieve profitable growth.
  • Plug has continued to make substantial progress on building out its North America green hydrogen network to meet customer demand.
  • In addition, the company continues to collaborate with its key hydrogen supplier in the U.S. Plug is doing substantial work on other U.S.-based plants and is actively engaged with key strategic suppliers to facilitate the expansion of its green hydrogen network and to achieve cost-effectiveness in green hydrogen production at scale.

Kaplan Educational Foundation Honors Danielle Conley and Harold Elish for Commitment to Equity and Opportunity

Retrieved on: 
Wednesday, May 1, 2024
Professional Services, Philanthropy, DEI (Diversity, Equity and Inclusion), Other Education, Continuing, Fund Raising, University, Foundation, Primary, Secondary, Education, Yale University, Treasurer, Woman, LLP, Lawyer, Mentorship, Policy, Supreme court, HR, School, Award, Barack Obama, WEB, Justice, Reproductive rights, Financial Times, UBS, K-8, Supreme, LGBTQ, Engineering, Cornell University, Smith, Medicine, Committee, Multimedia, Graham Holdings, Democracy, Student, Associate, Government, Latham & Watkins, Management

View the full release here: https://www.businesswire.com/news/home/20240501978493/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240501978493/en/
    Kaplan Educational Foundation 2024 Leadership Award honorees Danielle Conley & Harold Elish (Photo: Business Wire)
    Ms. Conley and Mr. Elish will accept the Leadership Awards at the Foundation’s annual benefit on May 15th in New York City.
  • The Award recognizes a demonstrated commitment to increasing opportunity and equity for individuals who have been overlooked and underserved, in education and beyond.
  • She has significant experience conducting sensitive internal investigations on issues pertaining to racial and gender equity.
  • Mr. Elish joined the Board of the Kaplan Educational Foundation in 2014, becoming the first person unaffiliated with Kaplan to serve.

WeightWatchers Appoints New Executive Leaders

Retrieved on: 
Thursday, April 11, 2024
LEGO, General counsel, PepsiCo, Genomic Health, Columbidae, Oracle, Privacy, Digital, IPO, SVP, Senior, Science, Acquisition, WW, Hyperion, Marketing, Stitch Fix, Associate, WW International, Biotechnology, Teladoc Health, Yahoo!, Latham & Watkins, Management

Debra Benovitz joined WeightWatchers in 2014 as SVP of Global Consumer Insights to guide the WeightWatchers user experience across product and marketing with data-backed insights.

Key Points: 
  • Debra Benovitz joined WeightWatchers in 2014 as SVP of Global Consumer Insights to guide the WeightWatchers user experience across product and marketing with data-backed insights.
  • She joined the Company’s leadership in 2015, and her role has become even more essential to guarantee all cross-functional touchpoints resonate with WeightWatchers members.
  • Her recent promotion to Chief Insights Officer expands her role to oversee all science and clinical research, including WeightWatchers #1 doctor recommended Points Program.
  • With more than 30 years of consumer insights experience, Debra has made significant contributions to WeightWatchers, delivering strategic consumer insights that drive business growth.

Latham Group, Inc. Announces First Quarter 2024 Earnings Release and Conference Call Date

Retrieved on: 
Wednesday, April 10, 2024
Internet, PIN

The Company will hold a conference call to discuss the results that same day at 4:30 PM Eastern Time.

Key Points: 
  • The Company will hold a conference call to discuss the results that same day at 4:30 PM Eastern Time.
  • We encourage participants to pre-register for the conference call by visiting https://dpregister.com/sreg/10188041/fc268d9013 .
  • Callers who pre-register will be sent a confirmation e-mail including a conference passcode and unique PIN to gain immediate access to the call.
  • To ensure you are connected for the full call, please register at least 10 minutes before the start of the call.

Nazan Riahei Joins SJW Group as Vice President of Communications

Retrieved on: 
Monday, April 15, 2024
Utilities, Energy, University, Nazan, FGS Global, University School, FGS, Knowledge, SJW, Communication, Multimedia, SJW Group, Growth, Latham & Watkins, Management

SJW Group (NYSE: SJW) announces that Nazan Riahei has been named vice president of communications for SJW Group, effective April 15.

Key Points: 
  • SJW Group (NYSE: SJW) announces that Nazan Riahei has been named vice president of communications for SJW Group, effective April 15.
  • In this newly created role, Riahei will oversee internal and external communications at SJW Group and help position the company’s national platform for future growth.
  • View the full release here: https://www.businesswire.com/news/home/20240415898481/en/
    Nazan Riahei, Vice President of Communications for SJW Group (Photo: Business Wire)
    “Nazan has a demonstrated track record of success and has developed a strong working relationship with SJW Group leaders since her support with our transformational merger nearly five years ago,” stated SJW Group’s Chair, President and CEO Eric W. Thornburg.
  • Prior to Abernathy MacGregor, Riahei served as an adviser at Sard Verbinnen & Co. (now known as FGS Global) and Brunswick Group.

Scott Latham, Chairman of Board of Trustees, to Deliver FHU Spring Commencement Address

Retrieved on: 
Friday, April 19, 2024
Education, Grassroots, Organization, Freed–Hardeman University, FHU, Postgraduate education, Agape, University Church, American Bankers Association, Family, Central Alabama, Multimedia, Faulkner University, MBA, Accounting, Louisiana State University, Student, Auburn University, Management

HENDERSON, Tenn., April 19, 2024 /PRNewswire-PRWeb/ -- Scott E. Latham, newly appointed chairman of the FHU Board of Trustees, will deliver the commencement address at Freed-Hardeman University's spring graduation ceremony. The commencement will take place on May 11, 2024, at 10 a.m. in Loyd Auditorium and will mark the conclusion of FHU's 154th academic year.

Key Points: 
  • Scott E. Latham, newly appointed chairman of the FHU Board of Trustees, will deliver the commencement address at Freed-Hardeman University's spring graduation ceremony.
  • HENDERSON, Tenn., April 19, 2024 /PRNewswire-PRWeb/ -- Scott E. Latham, newly appointed chairman of the FHU Board of Trustees, will deliver the commencement address at Freed-Hardeman University's spring graduation ceremony.
  • The commencement will take place on May 11, 2024, at 10 a.m. in Loyd Auditorium and will mark the conclusion of FHU's 154th academic year.
  • He is past chairman and a member of the Alliance of State Bankers Associations, a division of the American Bankers Association.

Prominent Hybrid Capital and M&A Partners Join Latham to Further Enhance Premier Private Capital Platform

Retrieved on: 
Monday, April 15, 2024
Alessandro Zaccone, Office, PIPE, IPO, Mergers and acquisitions, Lawyer, Growth, Financial services

NEW YORK, April 15, 2024 /PRNewswire/ -- Latham & Watkins LLP1 is pleased to announce that Tracey A. Zaccone and Justin Rosenberg have joined the firm's New York office as partners in the Hybrid Capital and Mergers & Acquisitions and Private Equity Practice, respectively. Zaccone specializes in hybrid capital and private credit financing transactions for private equity firms and public and private companies, as well as traditional capital markets and public company matters. Rosenberg represents private equity firms and public and private companies in mergers and acquisitions and other complex corporate transactions.   

Key Points: 
  • Tracey Zaccone and Justin Rosenberg bring exceptional experience representing private equity firms and public and private companies in sophisticated transactions.
  • Zaccone specializes in hybrid capital and private credit financing transactions for private equity firms and public and private companies, as well as traditional capital markets and public company matters.
  • Rosenberg represents private equity firms and public and private companies in mergers and acquisitions and other complex corporate transactions.
  • "Their collective experience, in particular on marquee private capital transactions, bring additional depth to our top-tier capabilities, as the private capital markets continue to experience exponential growth."

Latham Expands Project Development & Finance Practice With Experienced Energy & Infrastructure Partner

Retrieved on: 
Monday, April 8, 2024
Project, Ministry of Finance, University, Energy, Law, Allen & Overy

CENTURY CITY, Calif., April 8, 2024 /PRNewswire/ -- Latham & Watkins LLP1 is pleased to announce that Daniel Sinaiko has joined the firm as a partner in the Project Development & Finance Practice and the Energy & Infrastructure Industry Group and as a member of the Finance Department.

Key Points: 
  • CENTURY CITY, Calif., April 8, 2024 /PRNewswire/ -- Latham & Watkins LLP1 is pleased to announce that Daniel Sinaiko has joined the firm as a partner in the Project Development & Finance Practice and the Energy & Infrastructure Industry Group and as a member of the Finance Department.
  • Sinaiko, who joins the firm's Century City office, brings significant experience in the renewables and energy transition sectors to advise on project development, debt finance, cash and tax equity finance, joint ventures, and mergers and acquisitions.
  • "With a versatile skill set, Dan delivers unparalleled client results in the energy sector," said Jeff Greenberg, Global Chair of the Project Development & Finance Practice.
  • Eli Katz, Global Vice Chair of the firm's Energy & Infrastructure Industry Group, added: "Latham tops the renewable and energy transition league tables, handling more matters in the space than any other firm.

Latham Group, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Provides 2024 Guidance

Retrieved on: 
Tuesday, March 12, 2024
Growth, Swimming, Sale, Adjustment, Accident, Investment, Traction

Commenting on the results, Scott Rajeski, President and CEO, said, “Latham navigated a very difficult market environment in 2023.

Key Points: 
  • Commenting on the results, Scott Rajeski, President and CEO, said, “Latham navigated a very difficult market environment in 2023.
  • We successfully implemented cost reduction programs and lean manufacturing initiatives that structurally reduced our cost basis, while maintaining our investments in future growth.
  • As a result of these actions, Latham is positioned for meaningful market share gains as overall industry conditions improve.
  • Latham generated operating cash flow of over $116 million in 2023, repaid $13 million in debt, and ended the year with a record $102.8 million in cash.