Month: May 2024

Acquires 599 MW of solar and energy storage development projects in New York, Idaho and OregonRWE expands U.S. development portfolio with new project acquisitions across three statesRWE acquires 599 MW of solar and energy storage development projects in New York, Idaho and OregonAUSTIN, May 20, 2024 (GLOBE NEWSWIRE) — RWE Clean Energy continues to bolster its renewables development pipeline in the U.S., adding 599 megawatts (MW) of solar and energy storage projects acquired from Galehead Development, LLC (Galehead), an experienced greenfield development platform for wind, solar and storage projects. The move positions RWE to meaningfully expand into new Pacific Northwest markets and grow its existing footprint in New York. The recently completed acquisitions include two development-stage renewables projects located within...

Westford USA, May 20, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Internet of Things (IoT) Professional Service market will attain a value of USD 203.96 Billion by 2031, with a CAGR of 6.4% over the forecast period (2024-2031). Rising adoption of IoT devices and growing demand for connected device services around the world are projected to bolster the demand for internet of things (IoT) professional service over the coming years. Moreover, advancements in IoT connectivity technology are also slated to create new growth opportunities for market players going forward. Download a detailed overview: https://www.skyquestt.com/sample-request/internet-of-things-professional-service-market  Browse in-depth TOC on “Internet of Things (IoT) Professional Service Market”Pages – 157 Tables – 91 Figures – 71Internet...

Enters Engineered Wood Products Market Substantially Improves Cash Flow OLD GREENWICH, Conn., May 20, 2024 (GLOBE NEWSWIRE) — Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star” or the “Company”), a diversified holding company, announced today it has completed the acquisition of Timber Technologies, LLC (“Timber Tech”), a Wisconsin-based engineered wood products manufacturer, effective May 17, 2024. Transaction Highlights$23 million cash-free, debt-free purchase price. $23 million includes: $16 million in upfront cash; $4 million in deferred cash; and a $3 million, 2-year earn-out payable 50% in cash and 50% in shares of STRRP preferred stock. Earn-out Adj. EBITDA targets are $5.4 million and $6.0 million for years 1 and 2, respectively. Associated real estate will be acquired in June 2024 for $3 million in a separate transaction. Closed...

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree abrdn EUROPEAN LOGISTICS INCOME PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date...