Category: Press Releases

MILAN, Italy, Feb. 17, 2023 (GLOBE NEWSWIRE) — Edison’s Board of Directors met yesterday and reviewed the financial statements as at December 31, 2022, which demonstrated a strong growth in sales to 30.4 billion euros, mainly as a result of increased raw material costs. The Company played a strategic role for the country’s energy security, covering in 2022 about 20% of Italy’s gas requirements, thanks to a flexible and diversified supply portfolio which contributed to the substitution of Russian’s gas imports.

The increase in EBITDA to 1,112 million euros (+12.4% from 989 million in 2021) reflects the company’s strong industrial performance. The performance of the thermoelectric power generation and gas portfolio activities allowed to more than offset the drop in renewable generation, especially hydroelectric power generation due to the record-breaking drought during the year, and the negative impact of higher prices on retails sales margins partially absorbed by Edison to limit the impact on end customers.

The Group ended 2022 with a decline in net profit of over 63% to 151 million euros (413 million euros in 2021) as a result of the exceptional negative impact of the “Taglia prezzi” and “Aiuti” decrees and of the budget law 2023 worth about 230 million euros. It should be noted that during the year 2022 this effect brings the effective tax rate to 72%, compared to an average normalised level for companies between 28% and 32%.

Financial debt as at December 31, 2022 stood at 477 million euros, compared to 104 million euros as at December 31, 2021. This increase reflects the significant investments to strengthen the energy transition businesses (totalling 736 million euros, 90% of which is in line with the United Nations Sustainable Development goals, SDGs, adopted by Edison), payments of dividend and taxes. In 2022, in particular, Edison’s investments supported: the growth in renewables generation, where Edison reached more than 1 GW of onshore wind installed capacity, the development of the latest generation thermoelectric power with the plants of Marghera Levante and Presenzano – which will come into operation in 2023 – and the development of energy efficiency and environmental services.

For more information:

Press Office LaPresse – ufficio.stampa@lapresse.it

GlobeNewswire Distribution ID 8751826

PHOENIX, Feb. 17, 2023 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC) today announced that Nick Girardi, Senior Director of Treasury & Investor Relations, will participate in private investor meetings at the J.P. Morgan Global High Yield and Leveraged Finance Conference in Miami, FL on March 7, 2023.

About WillScot Mobile Mini

WillScot Mobile Mini trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible workspace and portable storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 240 branch locations and additional drop lots throughout the United States, Canada, and Mexico.

Additional Information and Where to Find It

Additional information can be found on the company’s website at www.willscotmobilemini.com

Media Contact Information

Jake Saylor

jake.saylor@willscot.com

Investor Contact Information

Nick Girardi

nick.girardi@willscotmobilemini.com

GlobeNewswire Distribution ID 8751122

PHOENIX, Feb. 16, 2023 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC) today announced that Matt Jacobsen, Senior Vice President Finance, and Nick Girardi, Senior Director of Treasury & Investor Relations, will participate in private investor meetings at the Barclays Industrial Select Conference in Miami, FL on Feb. 23, 2023.

About WillScot Mobile Mini

WillScot Mobile Mini trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible workspace and portable storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 240 branch locations and additional drop lots throughout the United States, Canada, and Mexico.

Additional Information and Where to Find It

Additional information can be found on the company’s website at www.willscotmobilemini.com

Media Contact Information

Jake Saylor

jake.saylor@willscot.com

Investor Contact Information

Nick Girardi

nick.girardi@willscotmobilemini.com

GlobeNewswire Distribution ID 8751128

BIRMINGHAM, Ala., Feb. 16, 2023 (GLOBE NEWSWIRE) — Harbert Management Corporation (“HMC”) announces the promotion of Claude Estes to Head of Infrastructure and Senior Managing Director.

In his new role, Claude will be charged with overall responsibility for Harbert Infrastructure’s activities including acquisitions, asset management and the strategic direction of the platform.

Claude joined HMC in 2015 and has held escalating positions including most recently, Head of Investments of Harbert Infrastructure. During his time as Head of Investments, Claude oversaw substantial growth of the platform with the team now managing over $3.5 billion for domestic and international partners. Claude managed complex transactions with industry leading partners and expanded the team’s capabilities through strategic hiring efforts and the opening of a new office in Charlotte, NC.

Claude steps into the position previously held by Pat Molony who will transition into the role of Chairman of the Investment Committee and Senior Advisor.

HMC President and COO, Travis Pritchett commented, “Harbert has successfully invested in infrastructure for over 30 years and for over 20 years through HMC’s fund strategies. Claude brings sound judgement, creativity and energy to a very important role within HMC. Our partners and clients will benefit from Claude’s leadership.”

Claude added “Harbert Infrastructure has been a respected investor in the infrastructure space for decades and a team that I once admired from afar. The last eight years, I have had the honor of being a member of the team, confirming the basis of my admiration. We collectively feel that we are in the right place at the right time with the right experience to prudently invest capital into the volatility and associated opportunities created by the energy transition.”

About Harbert Management Corporation
Harbert Management Corporation is an alternative asset manager with approximately $8.4 billion in Regulatory Assets Under Management as of January 31, 2023. Formed in 1993, the firm is privately owned and serves a variety of institutional investors across multiple asset classes. Investment strategies include European and U.S. real estate, seniors housing, U.S. growth capital, credit solutions, infrastructure, and absolute return funds. For additional information about HMC visit, www.harbert.net.

Contact: HMC Corporate Communications
Telephone: 205.987.5500
E-mail: tmaddox@harbert.net

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5a4f2c2b-2767-4596-a67e-69134ce410f0

GlobeNewswire Distribution ID 8751243

“We secured investments totaling US $12,296 million for Chile last year, which created over 5,300 jobs, an increase of 32% over 2021. This reaffirms foreign investors’ confidence in Chile,” said Karla Flores, the Agency Director.

SANTIAGO, Chile, Feb. 16, 2023 (GLOBE NEWSWIRE) — InvestChile is Chile’s Foreign Investment Promotion Agency, and its portfolio was valued at US $28,345 million as of December 2022, comprised of 476 foreign investment projects at various stages of development. This figure is 2% higher than as of December 2021, when it was US $27,776 million. Employment associated with the projects financed by the agency totaled 18,866 jobs.

US $12,296 million of the total portfolio has been invested in installed initiatives and projects under development in Chile. These 95 projects have created over 5,300 jobs, which represents 32% more than in 2021 and they are already adding to our economy.

“Despite a challenging local and global economic outlook, we managed to close 2022 with positive figures by number of projects, as well as by value and number of associated jobs. We secured investments totaling US $12,296 million for Chile last year, which created over 5,300 jobs, an increase of 32% over 2021. This reaffirms foreign investors’ confidence in Chile,” said Karla Flores, InvestChile Director.

The Energy sector once again led the portfolio with 62 projects valued at US $11,536 million, followed by the Global and Technology Service sectors with US $7,070 million, then Mining and mining suppliers with US $5,191 million.

The countries represented in the project portfolio were led by the USA with projects valued at US $8,174 million, an increase of 49% over 2021. China was in second place with US $4,673 million in projects, while third place went to Canada with projects valued at US $2,806 million.

Green hydrogen

InvestChile together with the Energy Ministry reinforced their support during 2022 for foreign companies interested in investing in green hydrogen projects, after the success of the first public invitation to develop production plants in Chile, which was tendered in late 2021.

Thus, the agency was supporting 18 projects valued at US $29,600 million at the close of 2022, from companies in the USA, France, Germany, Spain, Japan, Austria and Norway. Although these projects are supported by the agency, they have not yet become part of InvestChile’s portfolio, as they are still at an early stage prior to environmental assessment.

Contact Information:
Denisse Vásquez
Journalist at InvestChile
dvasquez@investchile.gob.cl

Claudio Álvarez
Head of Communications at InvestChile
calvarez@investchile.gob.cl

Related Images

Image 1: Karla Flores

Karla Flores, InvestChile Director

This content was issued through the press release distribution service at Newswire.com.

Attachment

• Karla Flores

GlobeNewswire Distribution ID 8750361

Following Record Sales Growth and Launch of Disruptive New Product

CEDAR PARK, Texas, Feb. 16, 2023 (GLOBE NEWSWIRE) — VUV Analytics, Inc. announced today that it has raised $20 million in equity financing — led by existing investors S3 Ventures and New Science Ventures — bringing its total funding to over $36 million.  The announcement follows the recent launch of the company’s LUMA product and a record year for revenue with its unit sales run rate doubling year-over-year.

“By leveraging the unique capabilities of vacuum ultraviolet spectroscopy, VUV Analytics continues to drive disruptive innovation within analytical instrumentation,” said Brian R. Smith, Managing Director of S3 Ventures. “We are excited about their growth in hydrocarbon and low-carbon applications — as well as the launch of LUMA — which we expect to significantly broaden their market opportunity and accelerate growth.”

With over 100 customers, VUV Analytics devices are used by the top 10 U.S. oil refiners, the top four global test inspection and certification labs, and eight of the top 20 global chemical companies. The company’s products are rapidly being incorporated into hydrocarbon and low-carbon industry standards — with four ASTM methods fully approved and three others entering ASTM and CEN ballots.

“S3 Ventures and New Science Ventures have been great partners in building our business,” said Clark Jernigan, CEO of VUV Analytics. “They are patient, long-term investors who recognize the transformative potential of our technology.”

About VUV Analytics (www.vuvanalytics.com)

VUV Analytics is the leader in vacuum ultraviolet (VUV) detector technology for gas chromatography and automated analyzer applications. Virtually every compound absorbs strongly in the vacuum ultraviolet spectrum, with unique spectral signatures, providing a new dimension of chemical analysis. Learn more at www.vuvanalytics.com or contact VUV Analytics directly at (512) 333-0860.

About S3 Ventures (www.s3vc.com)

Based in Austin for 17+ years, S3 Ventures is the largest venture capital firm focused on Texas. We empower visionary founders with the patient capital and true resources required to grow extraordinary, high-impact companies in Business Technology, Digital Experiences, and Healthcare Technology. Learn more at www.s3vc.com.

About New Science Ventures (www.newscienceventures.com)

New Science Ventures, LLC (NSV) is a leading venture capital firm focused on building companies that leverage breakthrough science to create extraordinary value. NSV invests in companies using science-based innovations to address market needs in the life sciences and information technology sectors.

Contact Information:
Peter Boler
Vice President of Marketing
peter.boler@vuvanalytics.com
(512) 593-6986

This content was issued through the press release distribution service at Newswire.com.

GlobeNewswire Distribution ID 8750521