AES Executive Vice President and Chief Financial Officer, Gustavo Pimenta, to Present at RBC Global Energy and Power Executive Conference

ARLINGTON, Va., May 29, 2020 /PRNewswire/ — Gustavo Pimenta, Executive Vice President and Chief Financial Officer of The AES Corporation (NYSE: AES), will address the RBC Global Energy and Power Executive Conference on Wednesday, June 3, 2020 at 2:40 p.m. Eastern Time.

The format of the presentation is a fireside chat Q&A that will be open to the media and public in listen-only mode by webcast.  Interested parties may access the webcast and presentation materials on the AES website at www.aes.com by selecting “Investors” and then “Presentations and Webcasts.”

About AES

The AES Corporation (NYSE: AES) is a Fortune 500 global power company.  We provide affordable, sustainable energy to 14 countries through our diverse portfolio of distribution businesses as well as thermal and renewable generation facilities.  Our workforce is committed to operational excellence and meeting the world’s changing power needs.  Our 2019 revenues were $10 billion and we own and manage $34 billion in total assets.  To learn more, please visit www.aes.com.  Follow AES on Twitter @TheAESCorp.

Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, those related to future earnings, growth and financial and operating performance. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES’ current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, our expectations regarding the COVID-19 pandemic, accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at our distribution companies and operational performance at our generation businesses consistent with historical levels, as well as the execution of PPAs, conversion of our backlog and growth investments at normalized investment levels and rates of return consistent with prior experience.

Actual results could differ materially from those projected in our forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES’ filings with the Securities and Exchange Commission (the “SEC”), including, but not limited to, the risks discussed under Item 1A: “Risk Factors” and Item 7: “Management’s Discussion & Analysis” in AES’ 2019 Annual Report on Form 10-K and in subsequent reports filed with the SEC. Readers are encouraged to read AES’ filings to learn more about the risk factors associated with AES’ business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Any Stockholder who desires a copy of the Company’s 2019 Annual Report on Form 10-K filed February 27, 2020 with the SEC may obtain a copy (excluding Exhibits) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. A copy of the Form 10-K may be obtained by visiting the Company’s website at www.aes.com.

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SOURCE The AES Corporation

ONEOK to Participate in Citi Global Energy and Utilities Virtual Conference

TULSA, Okla., May 11, 2020 /PRNewswire/ — ONEOK, Inc. (NYSE: OKE) will participate in the Citi Global Energy and Utilities Virtual Conference on May 12-13, 2020.

Investor materials will be accessible on ONEOK’s website, www.oneok.com, beginning at 9 a.m. Eastern Daylight Time (8 a.m. Central Daylight Time) on May 12, 2020.

ONEOK, Inc. (pronounced ONE-OAK) (NYSE: OKE) is a leading midstream service provider and owner of one of the nation’s premier natural gas liquids (NGL) systems, connecting NGL supply in the Rocky Mountain, Mid-Continent and Permian regions with key market centers and an extensive network of natural gas gathering, processing, storage and transportation assets.

ONEOK is a FORTUNE 500 company and is included in the S&P 500.

For information about ONEOK, visit the website: www.oneok.com.

For the latest news about ONEOK, find us on LinkedIn, Instagram, Facebook and Twitter.

Analyst Contact:

Megan Patterson

918-561-5325

Media Contact: 

Brad Borror

918-588-7582  

   

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SOURCE ONEOK, Inc.

Southwest Gas Holdings, Inc. Announces Conference Call

LAS VEGAS, May 1, 2020 /PRNewswire/ — Senior management of Southwest Gas Holdings, Inc. (NYSE: SWX) is holding a conference call to discuss the Company’s 2020 first quarter and twelve-months results on Friday, May 8, 2020.

The conference call will follow the release of the Company’s earnings results on Thursday, May 7, 2020.

The call will also be webcast live on the Company’s website at www.swgasholdings.com.

Date:

FRIDAY, May 8, 2020

Time:

1:00 P.M. (ET)

Telephone number:

(877) 419-3678

International telephone number:

(614) 610-1910

Conference ID:

6764969

If you are unable to participate during the live webcast, the call will also be archived on the Company’s website at www.swgasholdings.com. Alternatively, a digital replay of the call can be accessed beginning at 4:30 p.m. (ET) on May 8, 2020 by dialing (855) 859-2056 or (404) 537-3406 for international calls; conference ID: 6764969. The digital replay of the call will be available until 4:30 p.m. (ET) on Thursday, May 14, 2020.

 

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SOURCE Southwest Gas Holdings, Inc.

U.S. Silica Announces Suspension of Quarterly Dividend

KATY, Texas, May 8, 2020 /PRNewswire/ – U.S. Silica Holdings, Inc. (NYSE: SLCA) (“U.S. Silica” or the “Company”) today announced that its Board of Directors has elected to suspend the Company’s quarterly cash dividend of $0.02 per common share until further notice.

U.S. Silica took this action as part of the Company’s strategy to preserve capital and tightly manage its liquidity in a challenging commodity price environment.

“A great deal of thought and deliberation went into this decision and we fully understand its importance to our shareholders,” said Bryan Shinn, chief executive officer.  “We believe that suspending our dividend at this time is in the best interest of the Company and shareholders as it allows us to preserve and invest that capital in opportunities within our industrial business that will generate higher long-term shareholder returns.”

About U.S. Silica

U.S. Silica Holdings, Inc. is a global performance materials company and last-mile logistics provider and is a member of the Russell 2000 Index. The Company is a leading producer of commercial silica used in a wide range of industrial applications and in the oil and gas industry. Over its 120-year history, U.S. Silica has developed core competencies in mining, processing, logistics and materials science that enable it to produce and cost-effectively deliver over 400 diversified product types to customers across its multiple end markets. U.S. Silica’s wholly owned subsidiaries include EP Minerals and SandBox Logistics. EP Minerals is an industry leader in the production of products derived from diatomaceous earth, perlite, engineered clays, and non-activated clays. SandBox Logistics is a state-of-the-art leader in proppant storage, handling and well-site delivery, dedicated to making proppant logistics cleaner, safer and more efficient. The Company currently operates 23 mines and production facilities. The Company is headquartered in Katy, Texas and has offices in Reno, Nevada, Chicago, Illinois and Houston, Texas.

Forward-Looking Statements

The presentation referred to above contains “forward-looking statements” within the meaning of the federal securities laws – that is, statements about the future, not about past events. Forward-looking statements give our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business. These statements may include words such as “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,” “will,” “should,” “could,” “can have,” “likely” and other words and terms of similar meaning. Forward-looking statements made include any statement that does not directly relate to any historical or current fact and may include, but are not limited to, statements regarding the Company’s strategy, future financial results, forecasts, projections, plans and capital expenditures, ability to reduce costs, the impacts of COVID-19 on the Company’s operations, and the commercial silica industry. Forward-looking statements are based on our current expectations and assumptions, which may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict. Many factors could cause actual results to differ materially and adversely from these forward-looking statements. Among these factors are global economic conditions; the effect of the COVID-19 pandemic on markets the Company serves, fluctuations in demand for commercial silica, diatomaceous earth, perlite, clay and cellulose; fluctuations in demand for frac sand or the development of either effective alternative proppants or new processes to replace hydraulic fracturing; the entry of competitors into our marketplace; changes in production spending by companies in the oil and gas industry and changes in the level of oil and natural gas exploration and development; general economic, political and business conditions in key regions of the world; pricing pressure; weather and seasonal factors; the cyclical nature of our customers’ business; our inability to meet our financial and performance targets and other forecasts or expectations; our substantial indebtedness and pension obligations, including restrictions on our operations imposed by our indebtedness; operational modifications, delays or cancellations; prices for electricity, natural gas and diesel fuel; our ability to maintain our transportation network; changes in government regulations and regulatory requirements, including those related to mining, explosives, chemicals, and oil and gas production; silica-related health issues and corresponding litigation; and other risks and uncertainties detailed in this press release and our Forms 10-K, 10-Q, and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of the presentation referred to above, and we disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.

U.S. Silica Holdings, Inc.
Arjun Sreekumar
Manager, Treasury and Investor Relations
281-394-9584
sreekumar@ussilica.com 

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SOURCE U.S. Silica Holdings, Inc.

PBF Energy Announces Change to a Virtual Meeting Format for 2020 Annual Meeting of Stockholders on June 4, 2020

PARSIPPANY, N.J., May 8, 2020 /PRNewswire/ — To protect the health and safety of its stockholders, employees and other stakeholders during the coronavirus pandemic, PBF Energy Inc. (NYSE: PBF) today announced that that its 2020 Annual Meeting of Stockholders will be conducted through an online virtual meeting, and will not include an in-person event. The previously announced date and time of the 2020 Annual Meeting (June 4, 2020, at 10:00 a.m. Eastern Time), and the business items to be considered at the 2020 Annual Meeting, remain the same. However, stockholders will not be able to attend the meeting in person.

Stockholders who owned shares of common stock as of April 6, 2020 (the “record date”) are entitled to attend and vote at the Annual Meeting. To attend the Annual Meeting, visit www.virtualshareholdermeeting.com/PBF2020 and enter the 16-digit control number included on your proxy card or on the voting instruction form that you have previously received. Beneficial owners of shares held in street name will need to follow the instructions provided by the broker, bank or other nominee that holds their shares.

Regardless of meeting attendance, to ensure that their shares are represented at the 2020 Annual Meeting, stockholders should submit their voting instructions over the internet, by telephone, by completing, signing, dating, and returning their proxy card in the previously provided envelope, or by following the instructions they have received from their broker or other nominee. The proxy card, voting instruction form or notice of internet availability that were previously distributed will not be updated to reflect this change in meeting format and may be used to vote shares in connection with the 2020 Annual Meeting. Stockholders who previously sent in proxies, or voted by telephone or by internet, do not need to take any further action.

About PBF Energy Inc.
PBF Energy Inc. (NYSE: PBF) is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities in California, Delaware, Louisiana, New Jersey and Ohio. Our mission is to operate our facilities in a safe, reliable and environmentally responsible manner, provide employees with a safe and rewarding workplace, become a positive influence in the communities where we do business, and provide superior returns to our investors.

PBF Energy Inc. also currently indirectly owns the general partner and approximately 48% of the limited partnership interest of PBF Logistics LP (NYSE: PBFX).

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SOURCE PBF Energy Inc.

Momentum Dynamics and GreenPower Motor Collaborate to Develop Wirelessly-Charged Electric Buses

Momentum Dynamics to Integrate Wireless Charging into Purpose-Built EV Star

MALVERN, PA., March 26, 2020 /PRNewswire/ — Momentum Dynamics and GreenPower Motor Company Inc. (TSXV: GPV) (OTCQB: GPVRF) (GreenPower) have announced a three-year OEM agreement to develop and sell wirelessly charged, purpose-built all-electric transit vehicles.

The first vehicle to integrate Momentum Dynamics’ high-power wireless charging will be GreenPower’s flagship model, the EV Star, a purpose built, 25ft mini shuttle capable of transporting 19 passengers. The EV Star has completed the Federal Transit Administration’s rigorous Altoona testing and will satisfy purchasing requirements such as ADA and Buy America Compliance for transit agencies across North America. The EV Star will fill the transportation industry’s need for paratransit, micro transit and shuttle bus applications and has a nominal range of 150 miles and by adding automated wireless charging capability the bus dramatically increases its operational range without the need for operator intervention.

The GreenPower EV Star with Momentum Dynamics wireless charging technology will be sold throughout the United States, Canada, and Europe.  

According to Bloomberg New Energy Outlook, the electric transit industry is predicted to grow to sales of 60,000 over the next 10 years, replacing ICE buses on a one-to-one basis.  EV transit buses are expected to outsell ICE buses 6:1 by 2030.

Momentum Dynamics is the global leader in automated, high-power wireless charging for electric vehicles such as buses, taxis and commercial fleets. GreenPower Motor Company is a manufacturer of medium and heavy-duty electric vehicles, built in Porterville, CA with additional locations in the Greater Los Angeles area and Vancouver, BC. GreenPower’s market focus is on transit agencies, hotels, universities, van pooling, corporate shuttles, airports, cargo, and autonomous vehicle applications.

GreenPower has partnered with Creative Bus Sales (CBS) – the nation’s largest bus dealer for sales, parts, and service. With 19 physical locations and a well-developed supply chain, CBS ensures that the customers who buy a wirelessly charged EV Star are supported throughout the useful life of the vehicle.

This news follows the recent Momentum Dynamics Corporation announcement with Link Transit of Wenatchee, Washington for a 5-year agreement extension to its current partnership. Momentum Dynamics will provide additional charging systems and ongoing services for Link Transit’s growing fleet of electric buses. 

“Wireless Charging is inherently flexible, and we are delighted to extend our wireless charging offering into smaller-size shuttle bus fleets with the great people at GreenPower Motor Company. We are proud to offer the first inductive charging solution to this market”, said Momentum CEO Andrew Daga. “Our companies share in the excitement and huge market potential of wirelessly charged electric shuttle buses where automated fast charge capabilities are important.”

“Range anxiety is still a pain point for many operators who wish to transition to a zero emissions fleet,” commented Ryne Shetterly, Vice President of Sales and Marketing, “By integrating wireless charging, that range anxiety goes away by allowing end users to charge up without ever taking their vehicle out of service”.

Wirelessly-equipped buses receive a charge automatically when the vehicle engages with a ground transmitter which can be located on route, at a hub or at a transit depot. The system adds charge to vehicles while the bus is stationed at a transit stop and therefore the bus always remains on route and in service.   Wireless charging improves route efficiency and provides buses with infinite range, giving operators greater route flexibility when compared with plug-in systems.  Importantly, the system delivers significant cost advantages: on average, electric buses reduce labor, power and maintenance costs by one dollar per mile compared to diesel and hybrid buses. Cost models show savings of over 40% in dedicated electric fleets, which equates to millions of dollars in savings per year.  The breakthrough wireless charging technology was designed and manufactured by Momentum in the United States and can be applied to electric cars, taxis, commercial fleets, and autonomous vehicles.

About Momentum Dynamics. 
Momentum Dynamics, located in Malvern, PA, is the global leader in high-power wireless charging for electric vehicles. The company practices world-class technology innovation and is recognized for the extraordinary accomplishments and unique expertise of its engineers and scientists. Momentum was recently named a winner of the 2019 Emerging Technology Award from Mechanical Engineering Magazine.

About GreenPower Motor Company Inc.
GreenPower designs, builds, and distributes a full suite of medium and heavy-duty vehicles that cater to the transportation needs of transit agencies, school districts, and private sector transit and shuttle operations. GreenPower employs a clean-sheet design to manufacture all-electric buses that are purpose built to be battery powered with zero emissions. Founded in 2010, GreenPower is the only manufacturer in North America that produces purpose-built electric transit, school, and shuttle buses. For further information go to www.greenpowerbus.com.

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SOURCE Momentum Dynamics Corporation

X-Terra Resources provides update and announces closing of a private placement

ROUYN-NORANDA, QC, March 26, 2020 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased to announce the closing of a non-brokered private placement in which it issued 3,000,000 units at a price of $0.08 per unit, for gross proceeds to X-Terra Resources of $240,000. Each of the 3,000,000 units comprises of one common share and one common share purchase warrant. Each warrant entitles its holder to acquire one additional common share of X-Terra Resources at a price of $0.13 until March 25, 2023. X-Terra Resources intends to use the proceeds from the private placement for exploration on certain of its mining exploration properties in Québec and New Brunswick, and for working capital purposes.

In connection with the private placement, X-Terra Resources paid a cash commission to Canaccord Genuity Corp. in an amount of $13,200. In addition, X-Terra issued finders’ options to Canaccord Genuity Corp. entitling it to acquire up to an aggregate of 165,000 additional common shares of X-Terra Resources at a price of $0.08 per share until March 25, 2023.

In other news, X-Terra Resources wishes to inform it has had no suspected or confirmed cases of COVID-19 and had implemented a specific COVID-19 protocol to protect its employees and service providers. The health and safety of X-Terra Resources’ employees and service providers, their families and the communities in which X-Terra Resources operates remains its main priority.  X-Terra Resources wishes to thank its employees, consultants, contractors and stakeholders for their support and understanding, and looks forward to resuming activities as soon as possible, in adherence to all legal and regulatory frameworks.

Following government directives, X-Terra Resources has also implemented teleworking for its team. During this period, the team will continue to work remotely and as efficiently as possible, taking the opportunity to interpret data, prepare exploration programs, in particular on its Troilus East property and its polymetallic Ducran property located in Québec, while it continues to wait for results from the recent drilling program in New Brunswick, and to ramp-up activities when the situation improves.

Michael Ferreira, President and Chief Executive Officer of X-Terra Resources states, “Our exploration strategy has remained unchanged and we were lucky to complete our drill program before the COVID-19 outbreak. As we move forward, we will evaluate the situation of COVID-19 as well as the market and investor sentiment very carefully and adjust our plans as required. Lastly, I wanted to thank all our shareholders and stakeholders, for their continued support and for reaching out with kind and supportive messages during this difficult time. I am extremely proud of our team who remains focused on X-Terra’s strategy while looking out for their safety and wellbeing and those around them”.

As a result of the closing of the private placement, there are 61,795,053 common shares of X-Terra Resources issued and outstanding. Under applicable securities legislation, the securities issued in the private placement are subject to a four-month hold period, expiring on July 26, 2020.

About X-Terra Resources Inc.

X-Terra Resources is a resource company focused on acquiring and exploring precious metals and energy properties in Canada.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

Website: http://www.xterraresources.com/

SOURCE X-Terra Resources Inc.

Trimark Operations Center Announces Advanced Alerting System for Utility-Scale Solar Sites

Checks if equipment is online and operating correctly in real-time for quicker issue resolution eliminating costly site visits

FOLSOM, Calif., Feb. 20, 2020 /PRNewswire/ — Trimark Associates, Inc., a leading provider of SCADA, metering, and energy storage technology solutions for the electric power industry, announces that the Trimark Operations Center’s (TOC) advanced alerting system now can continually determine if devices are online and operating correctly. Using Trimark’s proprietary Remote Monitor application, the TOC monitors and checks the status of any device that is being polled by Trimark’s data gateway or SCADA system, such as revenue meters and MET stations. In addition, the system can issue alerts, such as when CAISO loses its connection. This advanced capability  with additional logic per system helps to eliminate false-positives and enables the TOC to easily determine if the issue is a telemetry issue or not.

“Now that the TOC can easily distinguish between telemetry errors and device failures – such as broken hardware or rogue devices overloaded with data requests – the TOC can more rapidly diagnose the problem, nailing down the root of the issue and eliminating the need to send someone to site,” stated Tom Short, TOC Director. “When your O&M has your back, you’re a happy camper. And with these new and improved [monitoring] capabilities, the TOC will always have your back.”

The TOC provides comprehensive customer support services to troubleshoot and solve equipment issues, even if Trimark did not install the equipment. TOC’s wide range of PV site O&M services includes preventive maintenance, performance management and analytics, data management services, and more. The TOC team manages over 350 annual service agreement contracts for solar sites throughout the U.S.

About Trimark

Trimark Associates, Inc. (Trimark) delivers industry-leading solutions to allow real-time operational control, enable informed management of power production operations, and ensure regulatory compliance. Trimark’s turnkey products, engineering, and customer support services control, measure, and manage all aspects of power production that utility-scale power producers require to maintain peak business performance

MEDIA CONTACT:
Dean Schoeder, Chief Marketing Officer
916.350.2954
DSchoeder@trimarkassoc.com

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SOURCE Trimark

Contanda and BW Terminals to merge under leadership of Mike Suder

HOUSTON, Feb. 21, 2020 /PRNewswire/ — U.S.-based bulk liquid storage providers Contanda LLC (“Contanda”) and BW Terminals, Inc. (“BW Terminals”) today announced plans to merge. Both companies have been under common ownership since December, when institutional investors advised by J.P. Morgan Asset Management acquired Contanda. The combined company will have 18 sites with over ten million barrels of storage capacity today.

Michael (“Mike”) Suder, a terminal industry veteran and the current CEO of BW Terminals, will assume the role of Contanda CEO and serve as the CEO of the combined Contanda–BW Terminals organization post-merger. His appointment follows G.R. (“Jerry”) Cardillo’s decision to pursue other opportunities. The combined company will be headquartered in Houston.

The Board of Directors issued the following statement:  “Mike has a proven record of accomplishment at BW Terminals and has overseen tremendous growth at each of the companies he has led throughout his almost three-decade career in the terminals industry.  We believe he is the ideal leader for the Contanda–BW Terminals organization. We have tremendous respect for what Contanda has achieved under Jerry’s leadership and wish him well in his future endeavors.”

“Both Contanda and BW Terminals have a reputation for exceptional service enabled by dedicated employees. By bringing Contanda and BW Terminals together, we are entering a new chapter of growth and success,” said Mr. Suder. “I look forward to leading this combined organization and I firmly believe that the combination will further enhance our customer service offering and create a leading platform in the industry.”

The integration is expected to be complete in the first half of 2020.

About Contanda
Headquartered in Houston, Texas, Contanda is a premier provider of storage and logistics services to owners of bulk liquids in North America. The company has over seven million barrels of storage capacity across 15 terminals in North America. The business is focused on growth in the petrochemical, hydrocarbon, and renewable markets while maintaining a leading market position in the refined products, renewable fuels, chemical, and agricultural sectors. Additional information about Contanda is available at www.contanda.com.

About BW Terminals
BW Terminals is an independent developer and operator of agricultural, petroleum and chemical liquid terminal storage facilities. The company has three terminal sites located in Westwego, Louisiana; Harvey, Louisiana; and Brunswick, Georgia. The BW Terminals facilities are equipped to store a wide range of petroleum, chemical and agricultural products. Additional information about BW Terminals is available at https://www.bwterminals.com.

 

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SOURCE Contanda LLC

NextEra Energy to sell equity units

JUNO BEACH, Fla., Feb. 18, 2020 /PRNewswire/ — NextEra Energy, Inc. (NYSE: NEE) announced today that it intends to sell $2.5 billion of equity units. 

Each equity unit will be issued in a stated amount of $50. Each equity unit will consist of a contract to purchase NextEra Energy common stock in the future and a 5% undivided beneficial ownership interest in a NextEra Energy Capital Holdings, Inc. debenture due March 1, 2025, to be issued in the principal amount of $1,000. The debentures will be guaranteed by NextEra Energy Capital Holdings’ parent company, NextEra Energy, Inc.

The holders would be required to complete the stock purchase by no later than March 1, 2023, and their purchase obligations may be satisfied with proceeds raised from remarketing the debentures that comprise part of their equity units.

The net proceeds from the sale of the equity units, which are expected to be approximately $2.42 billion (after deducting the underwriting discount and other offering expenses), will be added to the general funds of NextEra Energy Capital Holdings. NextEra Energy Capital Holdings expects to use its general funds to fund investments in energy and power projects and for other general corporate purposes, including the repayment of all or a portion of NextEra Energy Capital Holdings’ outstanding commercial paper obligations.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of securities to which this communication relates in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering may be made only by means of a prospectus and the related prospectus supplement, copies of which may be obtained from NextEra Energy, Inc., Investor Relations, 561-694-4697.

NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. NextEra Energy owns two electric companies in Florida: Florida Power & Light Company, which serves more than 5 million customer accounts in Florida and is the largest rate-regulated electric utility in the United States as measured by retail electricity produced and sold; and Gulf Power Company, which serves more than 470,000 customers in eight counties throughout northwest Florida. NextEra Energy also owns a competitive energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun and a world leader in battery storage. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin. A Fortune 200 company and included in the S&P 100 index, NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. NextEra Energy is ranked No. 1 in the electric and gas utilities industry on Fortune’s 2020 list of “World’s Most Admired Companies” and ranked among the top 25 on Fortune’s 2018 list of companies that “Change the World.”

Cautionary Statements And Risk Factors That May Affect Future Results

This news release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but instead represent the current expectations of NextEra Energy, Inc. (together with its subsidiaries, NextEra Energy) regarding future operating results and other future events, many of which, by their nature, are inherently uncertain and outside of NextEra Energy’s control. Forward-looking statements in this news release include, among others, statements concerning adjusted earnings per share expectations and future operating performance, statements concerning future dividends, and results of acquisitions. In some cases, you can identify the forward-looking statements by words or phrases such as “will,” “may result,” “expect,” “anticipate,” “believe,” “intend,” “plan,” “seek,” “potential,” “projection,” “forecast,” “predict,” “goals,” “target,” “outlook,” “should,” “would” or similar words or expressions. You should not place undue reliance on these forward-looking statements, which are not a guarantee of future performance. The future results of NextEra Energy and its business and financial condition are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, or may require it to limit or eliminate certain operations. These risks and uncertainties include, but are not limited to, the following: effects of extensive regulation of NextEra Energy’s business operations; inability of NextEra Energy to recover in a timely manner any significant amount of costs, a return on certain assets or a reasonable return on invested capital through base rates, cost recovery clauses, other regulatory mechanisms or otherwise; impact of political, regulatory and economic factors on regulatory decisions important to NextEra Energy; disallowance of cost recovery based on a finding of imprudent use of derivative instruments; effect of any reductions or modifications to, or elimination of, governmental incentives or policies that support utility scale renewable energy projects or the imposition of additional tax laws, policies or assessments on renewable energy; impact of new or revised laws, regulations, interpretations or ballot or regulatory initiatives on NextEra Energy; capital expenditures, increased operating costs and various liabilities attributable to environmental laws, regulations and other standards applicable to NextEra Energy; effects on NextEra Energy of federal or state laws or regulations mandating new or additional limits on the production of greenhouse gas emissions; exposure of NextEra Energy to significant and increasing compliance costs and substantial monetary penalties and other sanctions as a result of extensive federal regulation of its operations and businesses; effect on NextEra Energy of changes in tax laws, guidance or policies as well as in judgments and estimates used to determine tax-related asset and liability amounts; impact on NextEra Energy of adverse results of litigation; effect on NextEra Energy of failure to proceed with projects under development or inability to complete the construction of (or capital improvements to) electric generation, transmission and distribution facilities, gas infrastructure facilities or other facilities on schedule or within budget; impact on development and operating activities of NextEra Energy resulting from risks related to project siting, financing, construction, permitting, governmental approvals and the negotiation of project development agreements; risks involved in the operation and maintenance of electric generation, transmission and distribution facilities, gas infrastructure facilities, retail gas distribution system in Florida and other facilities; effect on NextEra Energy of a lack of growth or slower growth in the number of customers or in customer usage; impact on NextEra Energy of severe weather and other weather conditions; threats of terrorism and catastrophic events that could result from terrorism, cyberattacks or other attempts to disrupt NextEra Energy’s business or the businesses of third parties; inability to obtain adequate insurance coverage for protection of NextEra Energy against significant losses and risk that insurance coverage does not provide protection against all significant losses; a prolonged period of low gas and oil prices could impact NextEra Energy’s gas infrastructure business and cause NextEra Energy to delay or cancel certain gas infrastructure projects and could result in certain projects becoming impaired; risk of increased operating costs resulting from unfavorable supply costs necessary to provide full energy and capacity requirement services; inability or failure to manage properly or hedge effectively the commodity risk within its portfolio; effect of reductions in the liquidity of energy markets on NextEra Energy’s ability to manage operational risks; effectiveness of NextEra Energy’s risk management tools associated with its hedging and trading procedures to protect against significant losses, including the effect of unforeseen price variances from historical behavior; impact of unavailability or disruption of power transmission or commodity transportation facilities on sale and delivery of power or natural gas; exposure of NextEra Energy to credit and performance risk from customers, hedging counterparties and vendors; failure of counterparties to perform under derivative contracts or of requirement for NextEra Energy to post margin cash collateral under derivative contracts; failure or breach of NextEra Energy’s information technology systems; risks to NextEra Energy’s retail businesses from compromise of sensitive customer data; losses from volatility in the market values of derivative instruments and limited liquidity in OTC markets; impact of negative publicity; inability to maintain, negotiate or renegotiate acceptable franchise agreements; occurrence of work strikes or stoppages and increasing personnel costs; NextEra Energy’s ability to successfully identify, complete and integrate acquisitions, including the effect of increased competition for acquisitions; environmental, health and financial risks associated with ownership and operation of nuclear generation facilities; liability of NextEra Energy for significant retrospective assessments and/or retrospective insurance premiums in the event of an incident at certain nuclear generation facilities; increased operating and capital expenditures and/or reduced revenues at nuclear generation facilities resulting from orders or new regulations of the Nuclear Regulatory Commission; inability to operate any of NextEra Energy’s owned nuclear generation units through the end of their respective operating licenses or through expected shutdown; effect of disruptions, uncertainty or volatility in the credit and capital markets or actions by third parties in connection with project-specific or other financing arrangements on NextEra Energy’s ability to fund its liquidity and capital needs and meet its growth objectives; inability to maintain current credit ratings; impairment of liquidity from inability of credit providers to fund their credit commitments or to maintain their current credit ratings; poor market performance and other economic factors that could affect NextEra Energy’s defined benefit pension plan’s funded status; poor market performance and other risks to the asset values of nuclear decommissioning funds; changes in market value and other risks to certain of NextEra Energy’s investments; effect of inability of NextEra Energy subsidiaries to pay upstream dividends or repay funds to NextEra Energy or of NextEra Energy’s performance under guarantees of subsidiary obligations on NextEra Energy’s ability to meet its financial obligations and to pay dividends on its common stock; the fact that the amount and timing of dividends payable on NextEra Energy’s common stock, as well as the dividend policy approved by NextEra Energy’s board of directors from time to time, and changes to that policy, are within the sole discretion of NextEra Energy’s board of directors and, if declared and paid, dividends may be in amounts that are less than might be expected by shareholders; NEP’s inability to access sources of capital on commercially reasonable terms could have an effect on its ability to consummate future acquisitions and on the value of NextEra Energy’s limited partner interest in NextEra Energy Operating Partners, LP; and effects of disruptions, uncertainty or volatility in the credit and capital markets on the market price of NextEra Energy’s common stock. NextEra Energy discusses these and other risks and uncertainties in its annual report on Form 10-K for the year ended December 31, 2019 and other SEC filings, and this news release should be read in conjunction with such SEC filings made through the date of this news release. The forward-looking statements made in this news release are made only as of the date of this news release and NextEra Energy undertakes no obligation to update any forward-looking statements.

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SOURCE NextEra Energy, Inc.