diciembre 2020 – Página 49

Jeep® Off-road Capability Meets Electrification and Open-air Freedom: Pricing Available for the New 2021 Jeep Wrangler Sahara 4xe and Jeep Wrangler Rubicon 4xe Launch Editions

AUBURN HILLS, Mich., Dec. 23, 2020 /PRNewswire/ —

<img src="https://mma.prnewswire.com/media/1391172/Jeep_Wrangler_2021.jpg" title="The 2021 Jeep® Wrangler 4xe, featuring 375 horsepower, 470 lb.-ft. of torque, Jeep capability and enough pure electric range…

AUBURN HILLS, Mich., Dec. 23, 2020 /PRNewswire/ —

2021 Jeep® Wrangler Sahara 4xe, featuring 375 horsepower, 470 lb.-ft. of torque, Jeep capability and enough pure electric range to handle most daily commutes, carries a starting U.S. manufacturer’s suggested retail price (MSRP) of $47,995 before taking advantage of available $7,500 federal tax credit (all prices exclude destination)
Jeep Wrangler Rubicon 4xe has a starting U.S. MSRP of $51,695
All Wrangler 4xe models include premium content in addition to standard features on Sahara and Rubicon models
Most technologically advanced Wrangler ever delivers electrified, open air, quiet off-roading for the first time
Fun-to-drive 4xe experience as electric power delivers immediate response, instant torque and vastly improved acceleration with smooth, seamless operation
Exclusive 4xe hybrid technology allows for longer trips and more time between fill-ups without range anxiety
Electric vehicle technology and the capability improvements it provides are the natural evolution following 80 years of Jeep 4×4 capability leadership
Deliveries of the Wrangler Rubicon and Sahara 4xe launch editions are scheduled to begin in the first quarter of 2021

There’s a new twist in off-road prowess. Jeep® enthusiasts looking for another level of capability combined with electrification can now have it in the 2021 Jeep Wrangler 4xe.

The most capable and efficient Wrangler yet will launch with two models, the Jeep Wrangler Sahara 4xe and the Jeep Wrangler Rubicon 4xe. The Wrangler Sahara 4xe model carries a starting U.S. manufacturer’s suggested retail price (MSRP) of $47,995; the Wrangler Rubicon 4xe has a starting U.S. MSRP of $51,695. All prices exclude the available $7,500 federal tax credit, any additional eligible state and local credits, and $1,495 destination charges.

«The 2021 Jeep Wrangler 4xe is the greenest, most efficient and capable Wrangler we have created yet,» said Christian Meunier, Global President of Jeep Brand – FCA. «We are committed to making Jeep the greenest SUV brand, and the new Wrangler 4xe is part of that goal, delivering an efficient, eco-friendly and fun-to-drive experience both on- and off-road.»

The 2021 Jeep Wrangler Sahara 4xe and Rubicon 4xe launch editions feature 375 horsepower, 470 lb.-ft. of trail-crushing torque, a 0-60 miles per hour performance time of just 6 seconds and a 17 kWh battery to readily handle most daily commutes and hours on the trail with electric-only power.

The first-ever electrified Wrangler will be initially offered on two trim levels, Wrangler Sahara 4xe and Wrangler Rubicon 4xe, both of which are loaded with additional premium content as standard equipment, including:

Jeep Wrangler Sahara 4xe Launch Edition:

20-inch wheels
Leather-trimmed bucket seats
LED Lighting Group
Uconnect® 4C NAV with 8.4-inch display
Nine speaker Alpine® audio system with subwoofer and a 552-watt, 12-channel amplifier
2.72:1 Selec-Trac® Full-Time 4WD System
Dana 44 HD wide axles

Jeep Wrangler Rubicon 4xe Launch Edition:

LED Lighting Group
Uconnect® 4C NAV with 8.4-inch display
Nine speaker Alpine® audio system with subwoofer and a 552-watt, 12-channel amplifier
4:1 Rock-Trac® Heavy-Duty Full-Time 4WD System

Jeep Wrangler 4xe is assembled at FCA’s Toledo Assembly Complex in Toledo, Ohio. Vehicles are scheduled to start arriving at dealers in the first quarter of 2021.

A New Way to Enjoy the Jeep Wrangler
The Jeep Wrangler 4xe provides a unique on- and off-road experience. The most advanced powertrain ever developed for a Jeep Wrangler maximizes efficiency with an estimated 50 miles per gallon equivalent (MPGe) while eliminating range anxiety, delivering pure-electric operation for most daily commutes and hours on the trail.

Torque from the electric motors in the Wrangler 4xe’s hybrid powertrain arrives instantly on demand from the driver. The powertrain also delivers fuel-saving, seamless start-stop operation of the engine.

Jeep has demonstrated 4×4 capability leadership for nearly 80 years. Jeep vehicles were the first to feature an automatic full-time four-wheel-drive system, first 4:1 transfer case and first electronic front sway-bar disconnect system. Merging electrification into the Jeep lineup is a natural evolution of 4×4 technology.

The Jeep Wrangler 4xe will be sold globally, with electric vehicle (EV) charge port plugs tailored to specific regions.

Wrangler 4xe Advanced Powertrain Combines Electric Motors, Turbo Engine
The Jeep Wrangler 4xe powertrain integrates two electric motors and a 400-volt battery pack with a fuel-efficient, turbocharged, 2.0-liter four-cylinder engine and TorqueFlite eight-speed automatic transmission. This configuration maximizes the efficiency of the hybrid propulsion components and mates them with the Wrangler’s world-renowned and proven driveline.

Key output of the Wrangler 4xe powertrain includes 375 horsepower (280 kW), 470 lb.-ft. (637 N•m) of torque and an estimated 50 MPGe from the following components:

2.0-liter turbocharged I-4
Engine-mounted motor generator unit
Transmission-mounted motor generator unit integrated into eight-speed automatic transmission (ZF 8P75PH)
400-volt, 17-kWh, 96-cell lithium-ion, nickel manganese cobalt battery pack

The 2.0-liter turbocharged I-4 engine is part of FCA’s Global Medium Engine family. The high-tech, direct-injection engine uses a twin-scroll, low-inertia turbocharger for exceptional responsiveness, performance and fuel efficiency.

The high-voltage, liquid-cooled eTorque motor generator unit mounts at the front of the engine, replacing the conventional alternator. The motor generator spins the engine for nearly seamless, fuel-saving, start-stop operation and generates electricity for the battery pack. The second high-voltage motor generator is much more powerful. Mounted at the front of the transmission case, this large e-motor is key for pure electric operation of the Wrangler 4xe.

The Jeep Wrangler 4xe’s 400-volt, 17-kWh, 96-cell lithium-ion battery pack uses nickel manganese cobalt (NMC) graphite chemistry. The pack and controls mount underneath the second-row seat, where it is protected from outside elements.

Wrangler 4xe E Selec Modes
The Jeep Wrangler 4xe driver can tailor the hybrid powertrain to best suit each trip, whether it is filling the needs of most daily commuters in pure-electric operation, a night on the town or quietly exploring nature off-road.

Off-road Legend
Jeep Wrangler’s heritage is defined by its legendary off-road capability. The seamless integration of electric power into the 4×4 drivetrain elevates the Wrangler 4xe to new levels of off-road performance.

‘Electric Blue’ Design Cues Mark Wrangler 4xe
Exclusive content identifies the Jeep Wrangler 4xe as the most technologically advanced Wrangler ever. New Electric Blue coloring on the front and rear Rubicon tow hooks stands out against the black bumpers. The unique blue coloring also traces the Rubicon name on the hood, Jeep badge and the Trail Rated badge. Inside, the Wrangler 4xe Rubicon includes unique Electric Blue stitching on the seats and trim.

Jeep Wave Customer Care Program
Jeep Wave is a premium owner loyalty program filled with benefits and exclusive perks created to give Jeep owners the utmost care and dedicated 24/7 support. The Jeep Wave customer service program is available to the entire 2021 model year Jeep brand lineup.

Jeep Wave program highlights include:

Three years of worry-free maintenance at Jeep dealerships, including oil changes and tire rotations
24/7 support via phone or online chat
Trip interruption and first-day loaner coverage
VIP access to select, exclusive Jeep brand events

Jeep Brand
Built on 80 years of legendary heritage, Jeep is the authentic SUV with capability, craftsmanship and versatility for people who seek extraordinary journeys. The Jeep brand delivers an open invitation to live life to the fullest by offering a full line of vehicles that continue to provide owners with a sense of security to handle any journey with confidence. Jeep Wave, a premium owner loyalty and customer care program that is available to the entire Jeep lineup, is filled with benefits and exclusive perks to deliver Jeep owners the utmost care and dedicated 24/7 support.

The Jeep vehicle lineup consists of the Cherokee, Compass, Gladiator, Grand Cherokee, Renegade and Wrangler. To meet consumer demand around the world, all Jeep models sold outside North America are available in both left- and right-hand drive configurations and with gasoline and diesel powertrain options. Jeep is part of the portfolio of brands offered by global automaker Fiat Chrysler Automobiles. For more information regarding FCA (NYSE: FCAU/ MTA: FCA), please visit www.fcagroup.com.

Follow Jeep and FCA news and video on:
Company blog: http://blog.fcanorthamerica.com
Media website: http://media.fcanorthamerica.com
Jeep brand: www.jeep.com
Facebook: www.facebook.com/jeep or https://www.facebook.com/FiatChrysler.NorthAmerica/
Instagram: www.instagram.com/jeep or www.instagram.com/FiatChrysler_NA
Twitter: www.twitter.com/jeep or www.twitter.com/FiatChrysler_NA
YouTube: www.youtube.com/thejeepchannel or www.youtube.com/fcanorthamerica

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SOURCE FCA

Labor and community groups sign landmark Community Benefits Agreement with Proterra

LOS ANGELES, Dec. 23, 2020 /PRNewswire/ — Jobs to Move America’s community-labor coalition in California along with Proterra, a leading innovator in heavy duty electric transportation, and the United Steelworkers Local 675 (USW 675) today announced the groups have entered into a historic community benefits agreement (CBA) in Los Angeles County.

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The CBA will lead to transformative investments in Los Angeles communities to train, support, and hire workers for skilled union jobs in zero-emissions bus manufacturing at Proterra’s City of Industry facility.

Under the legally enforceable agreement, Proterra commits to a goal of 50 percent of new hires to be from communities facing significant barriers to employment, including people of color, veterans, and returning citizens.

«To tackle the converging crises of our time — skyrocketing unemployment, systemic racism, and climate change — we need to invest in the communities hardest hit by the pandemic. Our community benefits agreement with Proterra and USW 675 will lay the foundation for a just recovery in Los Angeles by creating pathways into high paying, unionized jobs for working families and communities of color. At a time when the entire country desperately needs a recovery plan, our CBA with Proterra is a model for how community, labor, and private partners can work together to create good jobs and healthy communities,» said Melanie Jamileh Prasad, JMA’s California Director.

«Electric vehicle production presents an opportunity to strengthen American manufacturing, create good paying, skilled jobs, and build a more diverse and inclusive workforce. Proterra is excited to partner with Jobs to Move America and USW 675 as we grow our manufacturing presence in Los Angeles County and work toward our collective goal of healthy communities driven by zero-emission transportation,» said Kelly Scheib, Proterra’s Vice President of Human Resources.

The CBA includes commitments to:

Allow for the creation of worker-led groups, such as the Latinx Group and Veterans Groups. JMA, USW 675, and Proterra will be able to jointly review feedback from the groups to identify resources for ongoing worker-identified needs.
Develop a pre-hire training program. This objective was realized earlier this year with the launch of a first-of-its-kind Electric Bus Manufacturing technology training program at Proterra.
Develop an apprenticeship program.
Expand Proterra’s Spanish-English language capacity beginning with the translation of key documents to ensure ESL workers are set up for success.
Allow JMA coalition partners to provide ongoing supportive services, such as case management, for workers with employee approval.

Proterra’s City of Industry facility employs over 75 union workers.

USW 675 was officially recognized as the exclusive bargaining representative for Proterra employees when workers voted for union representation in November 2019. Earlier this year, Proterra and USW 675 entered into their first Collective Bargaining Agreement, ensuring worker voice and representation remain central to the long-term health and success of the company.

In October, Proterra along with the Los Angeles County Department of Workforce Development, Aging, and Community Services (WDACS), Proterra, United Steelworkers (USW) Local 675, Jobs to Move America, and Citrus College launched a first-of-its-kind Electric Bus Manufacturing technology training program, which was developed to advance diversity, equity, inclusion, and job quality in the green manufacturing sector by targeting historically underrepresented groups with barriers to employment. The customized, nine-week training program taught by Citrus College was designed in partnership with production and assembly management at Proterra, a leading innovator in heavy-duty electric transportation, and will help fill union jobs manufacturing battery-electric buses at Proterra’s City of Industry facility.

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About Proterra
Proterra is a leader in the design and manufacture of zero-emission, heavy-duty electric vehicles, enabling bus fleet operators to significantly reduce operating costs while delivering clean, quiet transportation to local communities across North America. The company’s configurable ZX5 platform is designed to serve the daily mileage needs of a wide range of transit routes on a single charge. With industry-leading durability and energy efficiency based on rigorous U.S. independent testing, Proterra products are proudly designed, engineered and manufactured in America, with offices in Silicon Valley, South Carolina, and Los Angeles. For more information, visit: http://www.proterra.com and follow us on Twitter @Proterra_Inc.

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SOURCE Proterra

MOSS signs partnership to promote Archax carbon offset

SÃO PAULO, Dec. 23, 2020 /PRNewswire/ — MOSS, the first and the world’s largest environmental platform to list carbon credit tokens on crypto exchanges, will be responsible for promoting CO2 offset for Archax and its customers. Archax is the first digital securities exchange authorized by the UK Financial Conduct Authority (FCA). The partnership, signed in December, aims to operationalize a more sustainable business model for the British exchange.

«We look forward not only to offsetting our own carbon use, but also to…

«We look forward not only to offsetting our own carbon use, but also to measuring the ESG rating of all issuances, as well as providing easy access to carbon credit tokens for our customers,» said Graham Rodford, CEO of Archax.

MOSS was founded in the first quarter of 2020 and launched the world’s first carbon credit-backed token, MCO2, used by large companies and individuals to offset CO2 footprints. MCO2 has the largest stock of a carbon credit token: 2 million tons – equivalent to a market value of $36 million.

«Our token democratizes carbon offsetting and considerably increases environmental conservation and the reduction of greenhouse gas emissions,» said Luis Felipe Adaime, CEO and Founder of MOSS.

MOSS token has been listed on the Brazilian exchange FlowBTC since September 29, 2020 and will be on the largest exchange in Latin America in January 2021. In addition, it was audited by CertiK (UP Alliance), is underway in the audits of Armanino and EY and has Perkins Coie as legal advisor.

In eight months of existence, MOSS has moved more than 1 million tons of CO2 and has allocated more than US$10 million in revenue for carefully selected Amazon Forest conservation projects.

Find out everything about MCO2, the first and largest tokenized carbon credit in the world:

MCO2 Tearsheet
MCO2 Presentation
MCO2 Microsite (with White Paper and etherscan link)
MCO2 etherscan link

PRESS INFORMATION
DC Comunicação

Virgílio Amaral
+55 (11) 94975-4672
virgilio.amaral@dccomunicacao.com

Thelma Kai
+55 (11) 99018-9999
thelma.kai@dccomunicacao.com

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SOURCE MOSS

SunPower Announces Final Results of Cash Tender Offer for Outstanding 0.875% Convertible Debentures due 2021

SAN JOSE, Calif., Dec. 23, 2020 /PRNewswire/ — SunPower Corporation (NASDAQ:SPWR) (the «Company» or «SunPower«) today announced the expiration and final results of its previously announced tender offer (the «Offer«) to purchase any and all of its outstanding 0.875% Convertible Senior Debentures due 2021 (CUSIP Nos. 867652 AJ8 and 867652 AH2) (the «Convertible Debentures«).

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The Offer expired at 12:00 midnight, New York City time (the last minute of the day), on Tuesday, December 22, 2020. As of the expiration of the Offer, $238,949,000 aggregate principal amount of the Convertible Debentures, representing approximately 79.23% of the total Convertible Debentures outstanding, including $193,561,000 aggregate principal amount of the Convertible Debentures held by Total Solar INTL SAS, an affiliate of Total SE («Total«), of which the Company is a majority-owned subsidiary, were validly tendered (and not validly withdrawn). The Company has accepted for purchase all Convertible Debentures that were validly tendered (and not validly withdrawn) pursuant to the Offer at the expiration of the Offer at a purchase price equal to $1,000 per $1,000 principal amount of Convertible Debentures, plus accrued and unpaid interest.

The Company expects to pay approximately $239.1 million for the purchase of the Convertible Debentures, including interest, on the settlement date of December 24, 2020. After settlement, $62,634,000 aggregate principal amount of the Convertible Debentures will remain outstanding.

The Company currently intends to repay any Convertible Debentures that remain outstanding on the maturity date of the Convertible Debentures with available cash.

BofA Securities, Inc. acted as sole dealer manager in connection with the Offer. D.F. King & Co., Inc. acted as the Information Agent for the Offer.

This press release is for informational purposes only and is neither an offer to buy nor the solicitation of an offer to sell any of the Company’s securities.

About SunPower
Headquartered in California’s Silicon Valley, SunPower (NASDAQ:SPWR) is a leading Distributed Generation Storage and Energy Services provider in North America. SunPower offers the only solar + storage solution designed and warranted by one company that gives customers control over electricity consumption and resiliency during power outages while providing cost savings to homeowners, businesses, governments, schools and utilities. For more information, visit www.sunpower.com.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding settlement of the tender offer and statements regarding repaying any Convertible Debentures that remain outstanding with available cash. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, challenges in executing transactions and managing stakeholder relationships. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading «Risk Factors.» Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at investors.sunpower.com. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

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SOURCE SunPower Corp.

First Affirmative Financial Network partners with YourStake.org to equip large network of ESG-focused financial advisors with YourStake.org’s impact reporting solution

NEW YORK, Dec. 23, 2020 /PRNewswire-PRWeb/ — YourStake.org and the First Affirmative Financial Network (FAFN) announce a new…

NEW YORK, Dec. 23, 2020 /PRNewswire-PRWeb/ — YourStake.org and the First Affirmative Financial Network (FAFN) announce a new partnership to equip the sustainable, responsible, and impact (SRI) investing pioneer and their large US network of SRI/environmental, social, and governance (ESG)-specialist advisors with the field-tested YourStake impact reporting solution. Active First Affirmative Network Members will be able to access the YourStake.org suite of services at a substantial discount.

When advisors talk with clients about social + environmental impact, abstract ESG scores don’t suffice. Clients don’t resonate with a simple number score in the same way that they resonate with tangible metrics and stories. And as advisors offer more personalized ESG portfolios, the greater the challenge to convey that sophistication to a layperson client, in intuitive terms they can quickly grasp. Launched at the 2019 SRIConference, YourStake.org’s suite of tools help financial advisors walk a client through their sustainable investing journey.

Patrick Reed, Chief Executive Officer of YourStake.org, said, «First Affirmative already provides their members with extensively customizable ESG portfolios, and we are excited to provide FAFN advisors with enhanced reporting on how their portfolios create tangible impact aligned with client values.»

Advisors can leverage the expertly crafted YourStake.org questionnaires to reveal true client preferences. Those preferences then serve as the basis for a wide range of impact reports, including side-by-side comparisons and relatable narratives, such as «how many fewer asthma attacks» or «how many more meetings led by women» are tied to a certain amount of investment in a sustainable portfolio. All of YourStake.org’s data is fully transparent and communicable – for example, advisors can click to ‘look-through’ the number of asthma attacks to see what companies are held by funds in a portfolio that are linked to air pollution, what amounts of pollution and chemicals come from each of their factories, and what peer reviewed scientific articles relate air pollution to public health outcomes.

Theresa Gusman, Chief Investment Officer of First Affirmative, says, «The number of ESG investors is growing rapidly, and First Affirmative has been at the forefront assisting sustainable wealth managers since 1988. With this partnership, we are delighted to be advancing the forefront of the SRI ecosystem by enabling advisors to communicate to clients the impact their investments are making.»

The YourStake impact reporting features complement First Affirmative’s recently introduced AffirmativESG advisor workstation and its sophisticated portfolio selection process. AffirmativESG allows advisors to work with their clients to build custom portfolios reflecting the client’s financial objectives and unique environmental, social, and ethical values and beliefs. YourStake is particularly well-suited to enable advisors to demonstrate their clients that First Affirmative’s Custom Sustainable Investment Solutions are achieving the desired impact outcomes. Like AffirmativESG, the YourStake platform is intuitive and easy for advisors to use.

Released in 2020, AffirmtivESG employs a sophisticated portfolio construction engine, incorporating eight easily navigable categories of impact preference curated by First Affirmative, with more than 50 sub-categories for further client customization. Companies are placed in these categories following careful vetting using the long-standing research and analysis that sets First Affirmative apart in ESG and SRI, including a proprietary sustainability screen that eliminates poor ESG performers from each industry group. The combination of the First Affirmative and YourStake.org services will enable advisors to deliver standout sustainable investing practices, in a year which has seen immense growth and interest in ESG, with fund inflows exceeding $30 billion this year as of September according to Institutional Investor, an increase of more than four times over 2019.

About YourStake.org YourStake.org was founded to catalyze sustainable investing, by revolutionizing the quality and processing of impact datasets beyond traditional ESG data providers, enabling more people to realize the importance of sustainable investing. Solutions are available for individual RIAs and for enterprises. Contact CEO patrick@yourstake.org for media inquiries.

About the First Affirmative Financial Network Since 1988, First Affirmative has had one mission – to improve investment performance, reduce risk and create a better world by integrating SRI investing with ESG principles. Through their Member Network, First Affirmative helps advisors achieve their clients’ financial and impact objectives, while building a strong community amount its national membership base. Press may reach out to Chief Operating Officer, Amy Thacker, at amythacker@firstaffirmative.com.

Media Contact

patrick reed, yourstake.org, +1 3013327272, patrick@yourstake.org

Amy Thacker, First Affirmative Financial Network, amythacker@firstaffirmative.com

Twitter, Facebook

SOURCE YourStake.org

Caesars Entertainment, Inc. Completes Previously Announced Sale of Eldorado Resort Casino Shreveport to Bally’s Corporation

RENO, Nev. and LAS VEGAS, Dec. 23, 2020 /PRNewswire/ — Caesars Entertainment, Inc. (NASDAQ: CZR) («Caesars» or «CZR») today announced the closing of the sale of Eldorado Resort Casino Shreveport to Bally’s Corporation for $140 million in net proceeds, subject to a customary working capital adjustment.

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«The completion of the sale of Eldorado Resort Casino Shreveport satisfies the Federal Trade Commission request to divest the asset in connection with the Caesars-Eldorado transaction which closed earlier this year,» said Tom Reeg, CEO of Caesars Entertainment, Inc. «Since our acquisition of the property fifteen years ago, our Team Members’ passion and commitment have driven our success in Shreveport. We wish all of them continued success under Bally’s ownership.»

Macquarie Capital and Milbank LLP represented Caesars Entertainment on the transaction.

About Caesars Entertainment, Inc.
Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment company in the U.S. and one of the world’s most diversified casino-entertainment providers. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment’s resorts operate primarily under the Caesars®, Harrah’s®, Horseshoe® and Eldorado® brand names. Caesars Entertainment offers diversified amenities and one-of-a-kind destinations, with a focus on building loyalty and value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars Entertainment is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. For more information, please visit www.caesars.com/corporate.

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words «anticipates,» «assumes,» «believes,» «estimates,» «expects,» «guidance,» «intends,» «plans,» «projects,» and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond Caesars’ control and could materially affect actual results, performance, or achievements.

Although Caesars believes that in making such forward-looking statements its expectations are based upon reasonable assumptions, such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected. Caesars cannot assure you that the assumptions upon which these statements are based will prove to have been correct. Important risk factors that may affect their respective business, results of operations and financial position are detailed from time to time in Caesars’ filings with the Securities and Exchange Commission. Caesars does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.

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SOURCE Caesars Entertainment, Inc.

Ameren Missouri takes largest step yet toward net-zero carbon goal with acquisition of its first wind energy center in northeast Missouri

ST. LOUIS, Dec. 23, 2020 /PRNewswire/ — Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), has closed on the acquisition of the company’s first wind energy center, a 400-megawatt (MW) project in northeast Missouri. The purchase of the High Prairie Renewable Energy Center in Adair and Schuyler counties is the first of two planned investments in <span…

«This is just the beginning, as Ameren Missouri lays the foundation for a transformational advancement toward more renewable wind and solar generation in the coming years, cutting carbon emissions and driving job creation and economic growth,» said Marty Lyons, chairman and president of Ameren Missouri. «Ameren Missouri is committed to clean. Expanding Missouri-based wind energy generation helps us move toward our goal of net-zero carbon emissions by 2050.»

The High Prairie Renewable Energy Center is the first of many renewable energy additions anticipated by Ameren Missouri. The company recently released plans to invest approximately $4.5 billion in 3,100 MW of renewable generation by 2030. This includes $1.2 billion for the planned acquisitions of this energy center and a 300 MW energy center in Atchison County, Missouri.

«All of our customers, no matter where they live, are benefitting from additional clean energy on the grid as a result of this acquisition,» said Ajay Arora, chief renewable development officer at Ameren Missouri. «These turbines use some of the latest technology that harnesses more wind at an affordable price. It’s also very gratifying to see this project built in our state, where families will receive a host of economic benefits for years to come.»

The wind facility was constructed by an affiliate of Terra-Gen LLC. The energy center consists of 175 wind turbines that are among the most technologically advanced in the state. Ameren Missouri anticipates the energy center will produce enough energy to power the equivalent of 120,000 homes in 2021.

«It’s exciting to see how northeast Missouri is making a major contribution to providing cleaner energy for the entire state,» said Carolyn Chrisman, executive director of Kirksville Regional Economic Development (K-REDI). «Besides providing sustainable energy, it is helping to grow the economy of our region from not only construction jobs, but ongoing operations that will provide long term good paying jobs for many years to come!»

Ameren Missouri has been providing electric and gas service for more than 100 years, and the company’s electric rates are among the lowest in the nation. Ameren Missouri’s mission is to power the quality of life for its 1.2 million electric and 132,000 natural gas customers in central and eastern Missouri. The company’s service area covers 64 counties and more than 500 communities, including the greater St. Louis area. For more information, visit Ameren.com/Missouri or follow us on Twitter at @AmerenMissouri or Facebook.com/AmerenMissouri.

Forward-Looking Statements
Statements in this release not based on historical facts are considered «forward-looking» and, accordingly, involve risks and uncertainties that could cause actual results to differ materially from those discussed. Although such forward-looking statements have been made in good faith and are based on reasonable assumptions, there is no assurance that the expected results will be achieved. These statements include (without limitation) statements as to future expectations, beliefs, plans, projections, strategies, objectives, events, conditions, and financial performance. In connection with the «safe harbor» provisions of the Private Securities Litigation Reform Act of 1995, we are providing this cautionary statement to identify important factors that could cause actual results to differ materially from those anticipated. The following factors, in addition to those discussed under Risk Factors in Ameren’s Annual Report on Form 10-K for the year ended December 31, 2019, Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, and elsewhere in this release and in our other filings with the Securities and Exchange Commission, could cause actual results to differ materially from management expectations suggested in such forward-looking statements:

regulatory, judicial, or legislative actions, and any changes in regulatory policies and ratemaking determinations that may change regulatory recovery mechanisms;
the length and severity of the COVID-19 pandemic, and its impacts on our business continuity plans and our results of operations, financial position, and liquidity, including but not limited to changes in customer demand resulting in changes to sales volumes, customers’ payment for our services and their use of deferred payment arrangements, future regulatory or legislative actions that could require suspension of customer disconnections and/or late fees, among other things, for an extended period of time, the health and welfare of our workforce and contractors, supplier disruptions, delays in the completion of construction projects, which could impact our planned capital expenditures and expected planned rate base growth, Ameren Missouri’s ability to recover any forgone customer late fee revenues or incremental costs, our ability to meet customer energy-efficiency program goals and earn performance incentives related to those programs, increased data security risks as a result of the transition to remote working arrangements for a significant portion of our workforce, and our ability to access the capital markets on reasonable terms and when needed;
the effect on Ameren Missouri of any customer rate caps pursuant to Ameren Missouri’s election to use the plant-in-service accounting regulatory mechanism, including an extension of use beyond 2023, if requested by Ameren Missouri and approved by the Missouri Public Service Commission;
the effects of changes in federal, state, or local laws and other governmental actions, including monetary, fiscal, and energy policies;
the effects of changes in federal, state, or local tax laws, regulations, interpretations, or rates, including as a result of amendments or technical corrections to the Tax Cuts and Jobs Act of 2017, and challenges to the tax positions taken by us, if any;
the effects on energy prices and demand for our services resulting from technological advances, including advances in customer energy efficiency, electric vehicles, electrification of various industries, energy storage, and private generation sources, which generate electricity at the site of consumption and are becoming more cost-competitive;
the effectiveness of Ameren Missouri’s customer energy-efficiency programs and the related revenues and performance incentives earned under its Missouri Energy Efficiency Investment Act programs;
our ability to align overall spending, both operating and capital, with frameworks established by our regulators and to recover these costs in a timely manner in our attempt to earn our allowed return on equity;
the cost and availability of fuel, such as low-sulfur coal, natural gas, and enriched uranium used to produce electricity; the cost and availability of purchased power, zero emission credits, renewable energy credits, and natural gas for distribution; and the level and volatility of future market prices for such commodities and credits, including our ability to recover the costs for such commodities and credits and our customers’ tolerance for any related price increases;
the effectiveness of our risk management strategies and our use of financial and derivative instruments;
the ability to obtain sufficient insurance, including insurance for Ameren Missouri’s nuclear and coal-fired energy centers, or, in the absence of insurance, the ability to recover uninsured losses from our customers;
the impact of cyberattacks on us or our suppliers, which could, among other things, result in the loss of operational control of energy centers and electric and natural gas transmission and distribution systems and/or the loss of data, such as customer, employee, financial, and operating system information;
business and economic conditions, which have been affected by, and will be affected by the length and severity of, the COVID-19 pandemic, including the impact of such conditions on interest rates;
disruptions of the capital markets, deterioration in our credit metrics, or other events that may have an adverse effect on the cost or availability of capital, including short-term credit and liquidity;
the actions of credit rating agencies and the effects of such actions, including any impacts on our credit ratings that may result from the economic conditions of the COVID-19 pandemic;
the inability of our counterparties to meet their obligations with respect to contracts, credit agreements, and financial instruments;
the impact of weather conditions and other natural phenomena on us and our customers, including the impact of system outages;
the construction, installation, performance, and cost recovery of generation, transmission, and distribution assets;
the effects of failures of electric generation, electric and natural gas transmission or distribution, or natural gas storage facilities systems and equipment, which could result in unanticipated liabilities or unplanned outages;
the operation of Ameren Missouri’s Callaway Energy Center, including planned and unplanned outages, and decommissioning costs;
Ameren Missouri’s ability to recover the remaining investment, if any, and decommissioning costs associated with the retirement of an energy center, as well as the ability to earn a return on that remaining investment and those decommissioning costs;
the impact of current environmental laws and new, more stringent, or changing requirements, including those related to the New Source Review provisions of the Clean Air Act, carbon dioxide and the implementation of the Affordable Clean Energy Rule, other emissions and discharges, cooling water intake structures, coal combustion residuals, and energy efficiency, that could limit or terminate the operation of certain of Ameren Missouri’s energy centers, increase our operating costs or investment requirements, result in an impairment of our assets, cause us to sell our assets, reduce our customers’ demand for electricity or natural gas, or otherwise have a negative financial effect;
the impact of complying with renewable energy standards in Missouri;
Ameren Missouri’s ability to acquire wind, solar, and other renewable energy generation facilities and recover its cost of investment and related return in a timely manner, which is affected by the ability to obtain all necessary project approvals; the ability of developers to meet contractual commitments and complete projects timely, which is dependent upon the availability of necessary materials and equipment, including those that are affected by the disruptions in the global supply chain caused by the COVID-19 pandemic; and Ameren Missouri’s ability to obtain a certificate of convenience and necessity from the Missouri Public Service Commission or any other required approvals for the addition of renewable resources, retirement of energy centers, and new or continued customer energy-efficiency programs;
the availability of federal production and investment tax credits related to renewable energy and Ameren Missouri’s ability to use such credits; the cost of wind, solar, and other renewable generation and storage technologies; and our ability to obtain timely interconnection agreements with the Midcontinent Independent System Operator, Inc. or other regional transmission organizations at an acceptable cost for each facility;
advancements in carbon-free generation and storage technologies, and constructive federal and state energy and economic policies with respect to those technologies;
labor disputes, work force reductions, changes in future wage and employee benefits costs, including those resulting from changes in discount rates, mortality tables, returns on benefit plan assets, and other assumptions;
the impact of negative opinions of us or our utility services that our customers, investors, legislators, or regulators may have or develop, which could result from a variety of factors, including failures in system reliability, failure to implement our investment plans or to protect sensitive customer information, increases in rates, negative media coverage, or concerns about environmental, social, and/or governance practices;
the effects of strategic initiatives, including mergers, acquisitions, and divestitures;
legal and administrative proceedings; and
acts of sabotage, war, terrorism, or other intentionally disruptive acts.

New factors emerge from time to time, and it is not possible for management to predict all of such factors, nor can it assess the impact of each such factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained or implied in any forward-looking statement. Given these uncertainties, undue reliance should not be placed on these forward-looking statements. Except to the extent required by the federal securities laws, we undertake no obligation to update or revise publicly any forward-looking statements to reflect new information or future events.

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SOURCE Ameren Corporation

Global Low Speed Vehicle Market Report 2020-2027: U. S. Accounts for Over 28.8% of Global Market Size in 2020, While China is Forecast to Grow at a 7.7%

DUBLIN, Dec. 23, 2020 /PRNewswire/ — The «Low Speed Vehicle – Global Market Trajectory &…

DUBLIN, Dec. 23, 2020 /PRNewswire/ — The «Low Speed Vehicle – Global Market Trajectory & Analytics» report has been added to ResearchAndMarkets.com’s offering.

Global Low Speed Vehicle Market to Reach US$12.5 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Low Speed Vehicle estimated at US$9.1 Billion in the year 2020, is projected to reach a revised size of US$12.5 Billion by 2027, growing at a CAGR of 4.7% over the analysis period 2020-2027.

Less Than 8 kW, one of the segments analyzed in the report, is projected to grow at a 4.4% CAGR to reach US$3.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the 8 kW-15 kW segment is readjusted to a revised 4.6% CAGR for the next 7-year period. This segment currently accounts for a 44% share of the global Low Speed Vehicle market.

The U. S. Accounts for Over 28.8% of Global Market Size in 2020, While China is Forecast to Grow at a 7.7% CAGR for the Period of 2020-2027

The Low Speed Vehicle market in the U. S. is estimated at US$2.6 Billion in the year 2020. The country currently accounts for a 28.81% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$2.3 Billion in the year 2027 trailing a CAGR of 7.7% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR while Rest of European market (as defined in the study) will reach US$2.3 Billion by the year 2027.

>15 kW Segment Corners a 25.1% Share in 2020

In the global >15 kW segment, USA, Canada, Japan, China and Europe will drive the 4.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.7 Billion in the year 2020 will reach a projected size of US$2.4 Billion by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.7 Billion by the year 2027, while Latin America will expand at a 5.6% CAGR through the analysis period.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

American LandMaster
Club Car LLC
Deere & Company
Intimidator Inc.
Kawasaki Motors Manufacturing Corp., U. S. A.
Kubota Agricultural Machinery India Pvt. Ltd.
Ontario Drive & Gear Ltd.
Polaris Industries, Inc.
Textron Inc.
Yamaha Motor Co., Ltd.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Impact of Covid-19 and a Looming Global Recession
Global Competitor Market Shares
Low Speed Vehicle Competitor Market Share Scenario Worldwide (in %): 2018E

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures
US Low Speed Vehicle Market Share (in %) by Company: 2018 & 2027
Market Analytics

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures
European Low Speed Vehicle Market: Competitor Market Share Scenario (in %) for 2018 & 2027
Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

Total Companies Profiled: 36

For more information about this report visit https://www.researchandmarkets.com/r/xs2hgi

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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SOURCE Research and Markets

Nikola and Republic Services End Collaboration on Refuse Truck

PHOENIX, Dec. 23, 2020 /PRNewswire/ — Nikola Corporation (NASDAQ: NKLA) announced today that Nikola and Republic Services (NYSE: RSG) have discontinued their collaboration on refuse truck development.

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The goal of the collaboration was to design and build an industry-first fully integrated refuse truck based on a zero-emissions battery-electric drive platform and body while also integrating multiple new systems into a new state-of-the-art vehicle.

After considerable collaboration and review, both companies determined that the combination of the various new technologies and design concepts would result in longer than expected development time, and unexpected costs. As a result, the program is being terminated resulting in the cancellation of the previously announced vehicle order.

«This was the right decision for both companies given the resources and investments required,» said Nikola CEO Mark Russell. «We support and respect Republic Services’ commitment to achieving environmentally responsible, sustainable solutions for their customers. Nikola remains laser-focused on delivering on our battery-electric and fuel-cell electric commercial truck programs, and the energy infrastructure to support them.»

Nikola has laid out a roadmap that begins deliveries of Nikola Tre battery-electric semi-trucks in the US in 2021. Nikola is also planning to break ground on its first commercial hydrogen station in 2021. The company’s fuel-cell-electric semi-trucks will be produced at Nikola’s Coolidge, Arizona facility beginning in 2023.

About Nikola Corporation
Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.com.

Forward Looking Statements
Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as «believe,» «may,» «will,» «estimate,» «continue,» «anticipate,» «intend,» «expect,» «should,» «would,» «plan,» «predict,» «potential,» «seem,» «seek,» «future,» «outlook,» and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, Nikola’s belief that termination was the right decision for both parties; and Nikola’s beliefs regarding the expected timing of delivery of various business milestones, including delivery of the Nikola Tre, breaking ground on Nikola’s first commercial hydrogen station and commencement of production of fuel-cell-electric semi-trucks in Coolidge, Arizona. These statements are based on various assumptions and on the current expectations of Nikola’s management and are not predictions of actual performance. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including but not limited to: risks related to the rollout of the company’s business and the timing of expected business milestones, including production difficulties or delays; the effects of competition on the company’s future business; the availability of capital; general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; the impact of judicial, regulatory or administrative proceedings to which the company is, or may become a party; and the other risks discussed under the heading «Risk Factors» in Nikola’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020 other reports and documents Nikola files from time to time with the Securities and Exchange Commission. If any of these risks materialize or Nikola’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. These forward-looking statements speak only as of the date hereof and Nikola specifically disclaims any obligation to update these forward-looking statements.

MEDIA CONTACTS:
Nicole Rose
nicole.rose@nikolamotor.com
480-660-6893

Colleen Robar
crobar@robarpr.com
313-207-5960

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