Day: December 14, 2022

Warwick, NY, Dec. 13, 2022 (GLOBE NEWSWIRE) — Ozop Energy Solutions, Inc. (OZSC or the “Company”) issues the following update on its wholly owned subsidiary, Ozop Energy Systems, Inc. (“OZOP”). On November 3, 2022, OZOP terminated for cause the employment of Christopher Serna (”Serna”), Christian Rodriguez (“Rodriguez”), Alana Dixon (“Dixon), Dario Rodriguez (“D. Rodriguez”) and Rudy Lopez (“Lopez”). Prior to these terminations, Danita (Cira) Serna (“Cira”) resigned from OZOP. On August 11, 2022, and unknown to OZOP until discovered in November 2022, a document was filed with the California Secretary of State whereby Rodriguez was listed as the sole officer of Your Home Solution Corp (“YHS”) and Rodriguez and Serna were listed as the Directors of YHS. Serna and Rodriguez, through YHS, were purchasing products from OZOP and resold...

CALGARY, Alberta, Dec. 13, 2022 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) provides an update regarding the return to service of the Milner 2 (“M2”) facility following the non-injury fire incident (the “Incident”) that occurred on September 30, 2022, a project update on the Combined Cycle Gas Turbine (“CCGT”) expansion of M2, and an update on insurance information related to the Incident. M2 RETURN TO SERVICE UPDATE Following the Incident, MAXIM is continuing the process of disassembling and replacing M2’s damaged air inlet filter house. At this time, the Corporation’s most probable return to service date for the M2 facility is late July 2023. MAXIM continues to actively work with counterparties to improve on this schedule.   Material updates regarding the return to service...

Customers will benefit from tax credits that will partially offset rate increases over two years SPOKANE, Wash., Dec. 13, 2022 (GLOBE NEWSWIRE) — Avista’s (NYSE: AVA) electric and natural gas general rate cases have concluded, with an order from the Washington Utilities and Transportation Commission (Commission or UTC) that approved the multi-party settlement filed in June 2022. The Commission approved increases of annual electric revenues of $38 million effective Dec. 21, 2022 and $12.5 million effective Dec. 21, 2023 and increases in annual natural gas revenues of $7.5 million effective Dec. 21, 2022 and $1.5 million effective Dec. 21, 2023. To reduce the overall impact of these increases on customers, the Commission approved the use of a Residual Tax Customer Credit that will be returned to customers over a two-year period....