Day: January 24, 2023

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Copenhagen Infrastructure Partners divests ownership of Travers Solar

Solar panels

Picture from CIPs solar project in Greasewood, TX.

NEW YORK, Jan. 24, 2023 (GLOBE NEWSWIRE) — Copenhagen Infrastructure Partners (CIP), on behalf of Copenhagen Infrastructure Fund IV, is pleased to announce that it has sold its 100% ownership interest in the Travers Solar project to a fund managed by Axium Infrastructure.

Located about 130 km south of Calgary in Alberta, Canada, Travers has a total capacity of 465 MWac / 691 MWdc and is the largest non-hydro renewable energy asset in Canada. The project, which represents CIP’s first investment in Canada, started construction in March 2021 and reached commercial operations in November 2022. Today, Travers delivers clean energy to more than 100,000 households in Alberta, Canada.

“Travers has proved not only a valuable asset but also a significant driver in Canada’s transition to renewable energy. The sale of Travers is evidence of the value created by CIP during the development, financing, and construction phases of this marquee renewable energy asset. The consummation of this transaction advances CIP’s commitment to a sustainable future,” says Tim Evans, Partner, and Head of North America at CIP.

The transaction closed earlier this week after receiving regulatory and other customary closing conditions and approvals.

CIBC Capital Markets acted as exclusive financial advisor to CIP on the sale and as joint bookrunner and mandated lead arranger on the project financing. Norton Rose Fulbright acted as legal advisor to CIP.

About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focuses on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.

CIP manages ten funds and has to date raised approximately EUR 19 billion for investments in energy and associated infrastructure from more than 140 international institutional investors. CIP has approximately 400 employees and 11 offices around the world. For more information, visit www.cip.com

For further information, please contact:

Copenhagen Infrastructure Partners
Oliver Routhe Skov, VP Head of Media Relations
Phone: +45 30541227
Email: orsk@cisc.dk

GlobeNewswire Distribution ID 1000778841

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Hydrogen Tech DCARB Receives Series A Funding: How Doing Good for the Planet Can Also Be Very Good for Business

DCARB is lowering transportation fleets fuel consumption by on average 5 to 15% with no upfront Capex.

FedEx truck getting a DCARB

LAS VEGAS, Jan. 24, 2023 (GLOBE NEWSWIRE) — DCARB, which operates in the booming Hydrogen and Decarbonisation sectors, has received VC funding from the Canadian merchant banking firm Caerus Capital. HYDROFLEX (via their brand DCARB) has secured a significant position as a leading solution provider in the Decarbonisation and Carbon Emission reduction sectors through its breakthrough patented hydrogen technology.

DCARB successfully opened their first U.S. outlet in 2020 in Las Vegas and has seen U.S. trucking fleets achieve remarkable results in lowering their diesel consumption by 5-15% and reducing emission issues by up to 75%.

Matt Bailey, CEO of DCARB, said, “The partnership and attached funding with Caerus will allow us to rapidly bring our new technology to market along with the expansion of our patented Arc Plasma technology. The funding allows us to immediately progress our work with the world’s largest engine operators across all Internal Combustion Engine (ICE) sectors from locomotives to marine.”

Rob Shewchuk, Director of Caerus Capital, commented, “We are excited to join forces with DCARB. Their technology is ready to assist companies that want to reduce their carbon footprint and fuel consumption now. DCARB management has a clear vision on where they are going, and we are excited to see DCARB become a major service partner for large transportation companies in the decades ahead.”

Bailey continued: “As a direct result of the funding, DCARB are currently negotiating with a number of U.S. diesel servicing companies, with large national footprints, to assist in spreading the innovative hydrogen technology to allow all operators of diesel engines to benefit from both reducing their carbon emissions and reducing operating costs.

“We are extremely excited to be contributing to the global emission reductions. Worldwide there are over two billion internal combustion engines, and applying our technology can make a real difference in global emissions right now. We know zero emissions will take some time, but we have a solution, which will help fleets now save money, cut emissions and keep existing assets on the road until new tech is here. In essence, we have created a technology that allows companies to bridge the gap while saving money and cutting emissions.

“The global demand to reduce carbon emissions, and with the current cost of diesel, has opened the door to a remarkable opportunity. We offer companies our technology with no upfront Capex, making it cashflow-positive from day one.”

DCARB stated they have initiated a number of significant partnerships throughout the U.S., Australia, Philippines and Egypt to assist with Bus Fleets, Truck Fleets, Rail Fleets, Ferry Fleets, Shipping Fleets and the Power Generation sectors.

Baily said, “This is really just the tip of the iceberg with the rapid uptake of our hydrogen solutions as a brilliant tool to assist across Decarbonisation, Cost Reduction and Carbon Emission Reduction for the benefit of both individual companies and, importantly, the environment.”

ABOUT HYDROFLEX:

HYDROFLEX specializes in hydrogen-enhanced combustion solutions that deliver fuel savings and emission reduction benefits for a global market of internal combustion engines, from the smallest cars to the largest engines on the market today.

With a world-class research and development program that exceeds industry standards, HYDROFLEX delivers ongoing innovation in the green-energy space. Recognized by industry leaders for its performance, quality and dependability, HYDROFLEX’S hydrogen-enhanced combustion systems reduce global dependence on fossil fuels.

www.DCARB.com

Contact Information:
Ron Basset
CBDO
ron@dcarb.com
(702) 582 3279

Matt Bailey
CEO
matt@dcarb.com
(702) 534 4717

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Image 1: FedEx truck getting a DCARB

DCARB works with large fleets throughout the U.S.

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AttackForge Launches Version 2 – Redefining Pentesting for the Future

Market leader introduces the next generation in Pentest Management Platforms.

AttackForge

MELBOURNE, Australia, Jan. 24, 2023 (GLOBE NEWSWIRE) — AttackForge®, a global leader in Pentest Management solutions, has announced today the general availability of AttackForge Version 2 for Enterprise and Core products.

“Built entirely from the ground up, AttackForge Version 2 is our vision for the future of pentesting,” said Fil Filiposki, Co-Founder of AttackForge.

AttackForge brings industry workflows into a collaboration platform made for engineering, security, and business teams. AttackForge Version 2 builds upon its predecessor to enable more efficient scaling of pentesting to deal with the rising need for penetration testing.

“Just imagine how many vulnerabilities were found but not fixed, until organisations get hacked. Why? Because pentesting is an archaic process. Vulnerabilities are sitting in PDF reports, completely disconnected from the people who would need to fix them. AttackForge brings security and engineering teams to the same place, enabling them to collaborate, track and fix – before proverbial hits the fan,” said Stas Filshtinskiy, Co-Founder of AttackForge.

AttackForge Version 2 helps enterprises manage complex security testing programs and reduce risk by communicating vulnerabilities to engineering teams in real-time, as they get discovered by pentesters. Better management of vulnerabilities means a reduction of cyber risks. Faster remediation means a faster time to market.

“Over the past few years, our team has been working intimately with our customers, learning how they do penetration testing. Having insight into many of the largest organisations around the world, including some of the global consultancies and Fortune 500, we have unique perspectives on workflows that will enable and power the next generation of penetration testing. And we’re excited to build those perspectives into AttackForge Version 2,” said Filiposki.

At the time of release, AttackForge is the only pentest management platform currently available on the market that can be deployed on-demand in a dedicated tenant.

“We’re making AttackForge Version 2 accessible to all, placing it within reach of any engineering team, cyber security consultancy or enterprise, starting at $300 per month,” said Filshtinskiy.

AttackForge Version 2 can be deployed today from https://buy.attackforge.io.

You can find more information on AttackForge Version 2 for Enterprise here, and for Core here.

If you would like to compare the AttackForge family of products, more information can be found here.

About AttackForge

AttackForge Pty Ltd is the leading provider of pentest management and workflow solutions, pioneering the world’s first full lifecycle pentest management platform. The company’s Enterprise product is trusted across all industries and verticals – in government, healthcare, banking, retail, oil & energy, telecommunications, and other regulated industries. AttackForge Core is used by leading security consultancies and MSSPs. AttackForge’s vision is to create trusted and rigorous industry standard tools for managing pentesting projects & workflows. The current family of products includes AttackForge Community v1 (for individuals); AttackForge Core v2 (for small to medium-sized organizations); and AttackForge Enterprise v2 (for large organizations). Visit https://attackforge.com/compare.html for a comparison.

Contact Information:
Rhiana Parolma
media@attackforge.com

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Image 1: AttackForge

AttackForge

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Amlan® International Welcomes New Director of Sales, North America

Chris Dyer

Director of Sales North America, Amlan International

CHICAGO, Jan. 24, 2023 (GLOBE NEWSWIRE) — Amlan® International, the animal health business of Oil-Dri® Corporation of America and a global leader in mineral-based feed additives that optimize the intestinal health of poultry and livestock, announces the appointment of Chris Dyer as its Director of Sales, North America. In the role, Chris will work to advance Amlan’s development strategies and present mineral-based solutions for customers in the U.S. and Canada. Chris’ expertise in poultry production and animal health sales expands upon Amlan’s recent focus on organizational growth and future sustained success in North American markets.

”We are impressed by Chris’ strong track record of customer relationship development and the sales excellence he brings to Amlan. He will be key to the delivery of our highly researched mineral-based feed additives to producers in North America,” said Heath Wessels, Vice President of Sales, The Americas. “The market is eagerly seeking natural products to maximize profitability in poultry and livestock, as their customers demand high-quality animal proteins. Chris’ expertise in the North American market will help us showcase our mineral-based products’ high value and demonstrate how natural feed additives can benefit their operations.”

Chris has more than 35 years of experience in the poultry industry where he began his career as a hatchery and production manager. He led a team of regional account managers in the U.S. and Canada and was responsible for a multimillion-dollar program of medicated feed additives, biologicals and bio-device business. From there, Chris moved into a leadership role at a major poultry production business where he oversaw parent stock breeder sales in the U.S., Canada, Mexico and Central America.

“The Americas represent 41 percent of global broiler meat production and Amlan’s mineral-based feed additives like Sorbiam™ continue to demonstrate efficacy in this growing marketplace,” said Dr. Wade Robey, Vice President of Agriculture, Oil-Dri, and President, Amlan International. “Chris’ experience as a business unit leader and his strong relationships align with our organizational efforts to ensure continued growth for Amlan in the North America region; we’re excited to have him on the team.”

Chris has numerous managerial certifications through the Strategic Account Management Association. He graduated from the University of Georgia with a B.S. in Agriculture.

Chris is pleased to be a part of the Amlan team that will be participating in the International Production and Processing Expo (IPPE) January 24-26, 2023, in Atlanta, Georgia. Chris looks forward to welcoming a global audience of animal production professionals and sharing more about Amlan’s range of products with attendees, media and other exhibitors at Amlan’s booth, B5453.

For more information on Amlan International, please visit www.amlan.com

Company Information

Amlan is the animal health business of Oil-Dri Corporation of America, a leading global manufacturer and marketer of sorbent minerals. Oil-Dri leverages over 80 years of expertise in mineral science to selectively mine and process its unique mineral for consumer and business-to-business markets. Oil-Dri Corporation of America doing business as “Amlan International” is a publicly traded stock on the New York Stock Exchange (NYSE: ODC). Amlan International sells feed additives across the world. Product availability may vary by country; associated claims do not constitute medical claims and may differ based on government requirements.

Reagan Culbertson
Media Contact
press@amlan.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/46b3e8d9-669b-46ca-8d74-8df533a6986f

GlobeNewswire Distribution ID 8735553

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Duck Creek Technologies recognized for outstanding commitment to Diversity, Equity and Inclusion by Insurance Business America

The insurtech is named winner of the 2023 5-Star Diversity, Equity, and Inclusion award

Boston, Jan. 24, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies (NASDAQ: DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, has earned recognition from Insurance Business America as its 2023 5-Star Diversity, Equity, and Inclusion winner for its strong programs and values around diversity, equity and inclusion (DE&I).

Duck Creek is inherently people-focused and proudly made up of diverse individuals and global teams. The company’s culture and DE&I programs are a central part of its strategic global vision. Duck Creek has five dedicated Employee Resource Groups (ERGs) focused on race, ethnicity, gender, military service and career level, and two councils focused on diversity and employee experience. Duck Creek has championed a workplace that values and celebrates individuals and differences while encouraging and enabling collaboration.

“It is an honor for Duck Creek to be recognized as a leader of diversity, equity and inclusion in the insurance industry,” says Mike Jackowski, Chief Executive Officer at Duck Creek. “Our people are our greatest asset and they are central to creating a community of belonging and helping us transform the future of insurance through purpose, technology and data. The different backgrounds, experiences and ideas of our employees enable our customers’ success and bring value to our entire ecosystem.”

“Diversity is vital at Duck Creek and we recognize that it has many dimensions,” said Amy Bayer, Global Director – DE&I, Engagement and Culture. “We work intentionally to ensure a diverse collection of people, voices, and perspectives are represented, respected, empowered, and thrive at our company. We are dedicated to continuously strengthening our winning culture and expanding our DE&I initiatives to remain a community where employees feel a true sense of belonging and experience opportunities for long-term personal and professional growth.”

About IBA

Insurance Business provides a unique offering in the insurance space as an aspirational business magazine featuring a series of industry reports that recognize the achievements of key individuals and businesses as well as providing the latest in business best practice in a continually evolving industry.

The monthly magazine is supported by an online industry hub offering daily news and business intelligence via a website and daily e-newsletter. Committed to delivering the latest industry news, opinion and analysis, Insurance Business Online takes a fresh approach to covering the need-to-know developments of the day from government and regulatory bodies, platforms, underwriters and insurance firms, as well as industry service providers.

 

About Duck Creek Technologies

Duck Creek Technologies (NASDAQ: DCT) is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and Twitter.

Carley Bunch
Duck Creek Technologies
+1 (201) 962-6091
carley.bunch@duckcreek.com

GlobeNewswire Distribution ID 8734761

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Rosario Ochoa Named General Manager of Nikkiso ACD for Nikkiso Clean Energy and Industrial Gases Group

TEMECULA, Calif., Jan. 23, 2023 (GLOBE NEWSWIRE) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) group of companies, is pleased to announce that Rosario Ochoa has joined the Group as General Manager of Nikkiso ACD, effective January 16, 2023.

Rosie brings with her over 15 years of experience in production, lean manufacturing, sustaining engineering, new product development, environmental health and safety as well as quality compliance to standards such as ISO 9001, AS9100, ISO/TS1949. She has a Bachelor of Science Degree in Electronics Engineering from Mexicali Institute of Technology, Mexico, and a certified ISO 9001:2008 Lead Auditor from AQS Management Systems, Inc. She has a strong background in manufacturing operations, quality and six sigma, engineering, organizational excellence and cultural transformation.

Nikkiso ACD, Santa Ana, California, along with Nikkiso Cryo (Las Vegas) is part of the Group’s Cryogenic Pumps Unit. As General Manager, Rosie will drive operational excellence throughout the Cryogenic Pumps Unit as well as the entire organization leading the cross functional teams to improve speed and efficiency across the business. She will report to Jim Estes, Executive Director Nikkiso ACD.

“Rosie brings a broad range of skills and experience to the position. With her leadership, I am confident ACD will continue to grow and meet our customers demand for the best quality and reliability of cryogenic pumps,” according to Jim Estes, Executive Director Nikkiso ACD. “Rosie’s role further supports our mission to provide innovative equipment, technologies and services through our global group of companies to help our customers to make a difference.”

Rosie is also a member of the Vistage organization: the world’s largest CEO coaching and peer advisory organization for business leaders.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture, and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.), and process plants for Industrial Gases, Natural gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

For more information, please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

GlobeNewswire Distribution ID 8735012