Month: December 2020

Selskabsmeddelelse4. december 2020Meddelelse nr. 27Medarbejderrepræsentation i bestyrelsen for NKT A/SMedarbejdervalgt bestyrelsesmedlem Jack Ejlertsen fratræder sin stilling som operatør og teamkoordinator i NKT og dermed også som bestyrelsesmedlem den 31. december 2020. I stedet indtræder Senior Sales Manager Service, René Dogan i bestyrelsen. Han blev valgt som suppleant den 15. marts 2018 ved det seneste ordinære valg af medarbejder-repræsentanter og suppleanter til bestyrelsen i NKT A/S.KontaktInvestor Relations:    Michael Nass Nielsen, Head of Investor Relations, tlf.: +45 2494 1654Presse:                     Helle Gudiksen, Head of Group Communications, tlf.: +45 2349 9098Vedhæftet filMedarbejderrepræsentation i bestyrelsen for NKT_27

SAN JOSE, Calif., Dec. 04, 2020 (GLOBE NEWSWIRE) — The California Public Utilities Commission (CPUC) issued its decision yesterday on the 2018 General Rate Case and Infrastructure Improvement Plan for California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT). The decision marks the end of an extensive review of the utility’s water system improvement plans, costs, and rates.The decision by the CPUC, the governmental body responsible for providing independent oversight and setting water rates that reflect the actual costs of providing service, adopts the proposed decision issued October 14, 2020, by the Administrative Law Judge overseeing the case. The proposed decision had approved the settlement reached in October 2019 by Cal Water and the CPUC’s Public Advocates Office, allowed Cal...

WILMINGTON, Del., Dec. 04, 2020 (GLOBE NEWSWIRE) — WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced the pricing of its underwritten public offering of $150,000,000 million aggregate principal amount of Fixed-to-Floating Rate Senior Notes due 2030 (the “Notes”). The Notes will bear interest from and including December 8, 2020 to but excluding December 15, 2025, at a fixed rate of 2.75% per annum, payable semi-annually in arrears. From and including December 15, 2025 to but excluding the maturity date or earlier redemption date, the interest rate will reset quarterly at an annual floating rate equal to a benchmark rate (which is expected to be Three-Month Term SOFR (as defined in the Notes)) plus 248.5 basis points, payable quarterly in arrears. The Notes were offered to the public...

BOCA RATON, Fla., Dec. 04, 2020 (GLOBE NEWSWIRE) — ADT Inc. (NYSE: ADT) (the “Company” or “ADT”), a leading provider of security, automation, and smart home solutions serving consumer and business customers in the United States, today announced that Prime Security Services Borrower, LLC, Prime Finance Inc. and The ADT Security Corporation (the “Offerors”), each a wholly-owned subsidiary of ADT, have commenced tender offers to purchase (the “Tender Offers”) up to $300 million aggregate principal amount (the “Aggregate Offer Limit”) of their outstanding 6.250% Second-Priority Senior Secured Notes due 2028 (the “2028 Notes”) and 4.875% First-Priority Senior Secured Notes due 2032 (the “2032 Notes” and together with the 2028 Notes, the “Notes”). ADT will fund the Offers with cash on hand.  In September 2020, ADT received $450 million...

Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). PSEG’s contribution will include both a conventional and tax equity investment in the project. The partners did not disclose the value of the transaction.In June 2019, Ocean Wind was selected by The New Jersey Board of Public Utilities (NJBPU) to build New Jersey’s first large-scale offshore wind farm.The Ocean Wind project could provide first power in late 2024, subject to federal permitting timelines, other development and construction activities, and final investment decisions by Ørsted and PSEG. Completion of the acquisition is anticipated to occur in the first half of 2021, subject to approval by the New Jersey Board of Public Utilities and other customary closing...

Ørsted har afsluttet forhandlingerne om at sælge 25 % af sit havvindprojekt Ocean Wind på 1.100 MW til New Jerseys Public Service Enterprise Group (PSEG). Udover en traditionel investering vil PSEG også betale for værdien af skattefradrag. Parterne oplyser ikke værdien af transaktionen.Den tilsynsførende myndighed for offentlige forsyningsselskaber i New Jersey, New Jersey Board of Public Utilities (NJBPU), valgte i juni 2019 Ocean Wind til at opføre New Jerseys første store havvindmøllepark.Ocean Wind-projektet forventes at kunne levere første strøm i slutningen af 2024 med forbehold for myndighedsgodkendelser, yderligere udviklingsaktiviteter samt Ørsteds og PSEG’s endelige investeringsbeslutninger. Frasalget forventes afsluttet i første halvdel af 2021 med forbehold for den endelige godkendelse fra NJBPU og øvrige sædvanlige betingelser...