SUEZ Energy Resources NA, the retail energy business of SUEZ Energy North America, will be hosting an educational summit to discuss the specificities of the Texas energy market (ERCOT) on Sept. 24, 2008, in Dallas. The event will provide SUEZ customers and prospects the unique opportunity to exchange ideas with leading industry experts and discuss [...]
Hagens Berman LLP, an investor-rights law firm, is continuing to investigate Hercules Offshore to determine if the company violated securities laws. The investigation began after the announcement of a Securities and Exchange Commission (SEC) and Department of Justice investigation of certain of the company’s activities.
Hagens Berman partner Reed R. Kathrein is continuing to lead the [...]
Suntech Power Holdings Co., Ltd., the world’s largest photovoltaic (PV) module manufacturer, announced it has joined The Climate Group, a global, independent organization dedicated to accelerating action on climate change. Suntech is the first and only solar energy company to join The Climate Group.
Uniting with other international members of The Climate Group at an event [...]
The preliminary result of Morphic Technologies AB’s rights issue, for which the subscription period ended 13 October 2008, shows that approximately 78 percent of the offered shares have been subscribed for with and without subscription rights. The remaining shares, equivalent to approximately 22 percent of the offered shares, are subscribed for by the syndicate of [...]
Timminco Limited is providing an update on its solar grade silicon operations for the fourth quarter and year ended December 31, 2008. For the fourth quarter of 2008, Timminco produced 554 metric tons (mt) of solar grade silicon, representing an increase of 62% over that produced during the third quarter and resulting in total production [...]
Longhorn Pipeline Inc., a wholly-owned subsidiary of Flying J Inc., reported that there has been a marked increase in recent shipment activity since Flying J secured a revolving DIP facility with Merrill Lynch on February 27. As part of this arrangement, Longhorn has been granted extended use of line fill inventory and cash collateral that [...]
Three hydrogen-powered automobiles from makers Honda, Hyundai and Toyota, part of the Hydrogen Road Tour, made a stop at Air Liquide’s Delaware Research and Technology Center for a hydrogen refueling. The Hydrogen Road Tour convoy is traveling from Maine to California to build awareness among elected officials and the public of the readiness of vehicle [...]
Air Water International Corporation’s subsidiary Air Water Corporation CEO Michael Zwebner announced today that the company has secured and closed on a multimillion dollar deal to provide large Air Water machines (AW-2200 and AW-5000) to destinations in South America.
Director of Latin and South American sales, Rolando Sablon, stated: “We are very happy to have secured [...]
On September 29, Reliant Energy announced that it had entered into a letter agreement with Merrill Lynch to take steps to end the credit-enhanced retail structure with Merrill Lynch. The letter agreement also waived compliance with the minimum adjusted EBITDA covenant in the $300 million retail working capital facility with Merrill Lynch through October 31. [...]
Hunting PLC has announced that it will once again donate proceeds from the Hunting Art Prize to the Linda Lorelle Scholarship Fund, a Houston-based charity that provides scholarships, support and ongoing guidance to Houston-area high school students in need of financial and career assistance to fulfill their academic potential throughout their college experience.
Dennis Proctor, Chief [...]