Categoría: Geovanny Vicente

Digital Realty Earns Nareit’s Data Center Sustainability Award for Fourth Consecutive Year

SAN FRANCISCO, Dec. 17, 2020 /PRNewswire/ — Digital Realty (NYSE: DLR), a leading global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today it has earned the National Association of Real Estate Investments Trusts (Nareit) «Leader in the Light» award for data center sustainability for the fourth consecutive year.  The award honors Nareit member companies that have produced superior, measurable results from the implementation of…

SAN FRANCISCO, Dec. 17, 2020 /PRNewswire/ — Digital Realty (NYSE: DLR), a leading global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today it has earned the National Association of Real Estate Investments Trusts (Nareit) «Leader in the Light» award for data center sustainability for the fourth consecutive year.  The award honors Nareit member companies that have produced superior, measurable results from the implementation of sustainable business practices. 

«We are proud to recognize our members who demonstrate leadership in the REIT and publicly traded commercial real estate industry with their vision, innovation and strategy in addressing ESG issues,» said Fulya Kocak, senior vice president, ESG issues, Nareit. 

In 2020, Digital Realty added 154 megawatts of renewable energy contracts across its U.S. portfolio, bringing the total executed under long-term contracts to 556 megawatts of renewable energy.  Last year, the company’s renewable energy efforts resulted in 1.25 million metric tons of avoided carbon emissions, the equivalent of taking 271,000 cars off the road each year, or the electricity needs of more than 212,000 homes per year. 

«Accelerating digital transformation has driven rapid growth in data center demand, underscoring the importance of environmental stewardship,» said Digital Realty Chief Executive Officer A. William Stein.  «We’re honored to be recognized by Nareit for the fourth consecutive year, a testament to our consistent track record of setting the standard for responsible business practices.  Looking forward, we remain committed to accelerating and expanding our sustainability initiatives and making progress towards our recently announced carbon reduction goals.» 

In April, Digital Realty became the first data center provider to receive an EPA ENERGY STAR® Partner of the Year award for superior energy efficiency achievements across its global portfolio, and achieved EPA ENERGY STAR® certifications for an industry-leading 31 data centers in 2020.  Digital Realty also received sustainable building certifications for new development projects encompassing 139 megawatts of IT capacity and 1.9 million square feet in 2020.  Most recently, Digital Realty announced its French subsidiary is on target to achieve a carbon neutral footprint for its existing data centers in France by year-end, and projects it will remain carbon neutral through 2030 for existing facilities as well as future expansion, based on scope 1 and 2 emissions. 

«Data centers have become the central nervous system of the digital economy, and we remain focused on driving sustainable innovation while supporting the evolving needs of our global customer base,» added Digital Realty Senior Director of Sustainability Aaron Binkley.  «We have reduced our Scope 2 carbon emissions across our portfolio by 26% since 2017 even as total energy use has risen by 25%.  We’re proud to have expanded our climate commitments while delivering reduced carbon emissions, adding renewable energy, achieving ENERGY STAR certifications and developing sustainable data centers.»  

Digital Realty recently committed to a carbon emissions reduction target with the Science-Based Targets initiative (SBTi), a global consortium of more than 1,000 organizations committed to setting carbon emission reduction targets backed by climate science rather than internally self-defined parameters.  As part of the pledge, Digital Realty has committed to reducing direct emissions by 68% and indirect emissions by 24% by 2030.  

About Digital Realty

Digital Realty supports the world’s leading enterprises and service providers by delivering the full spectrum of data center, colocation and interconnection solutions.  PlatformDIGITAL®, the company’s global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture PDx™ solution methodology for scaling digital business and efficiently managing data gravity challenges.  Digital Realty’s global data center footprint gives customers access to the connected communities that matter to them with more than 280 facilities in 49 metros across 24 countries on six continents.  To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and Twitter.  

Investor Relations
John J. Stewart / Jim Huseby
Investor Relations
Digital Realty
(415) 738-6500
InvestorRelations@digitalrealty.com

Media & Industry Analyst Inquiries
Marc Musgrove
Digital Realty
(415) 508-2812
mmusgrove@digitalrealty.com

Forward-Looking Statements

This press release contains forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the Leader in the Light award, our sustainability program and achievements and our sustainability goals.  For a list and description of such risks and uncertainties, see the company’s reports and other filings with the U.S. Securities and Exchange Commission.  The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. 

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SOURCE Digital Realty

Kia Motors America Announces Executive Management Team Appointments

IRVINE, Calif., Dec. 17, 2020 /PRNewswire/ — Kia Motors America (KMA) today announced two executive-level promotions to support the fast-growing organization’s needs as its product portfolio, customer base and units in operation continue to expand. Both appointments are effective January 1, 2021.

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IRVINE, Calif., Dec. 17, 2020 /PRNewswire/ — Kia Motors America (KMA) today announced two executive-level promotions to support the fast-growing organization’s needs as its product portfolio, customer base and units in operation continue to expand. Both appointments are effective January 1, 2021.

Kia Motors America announces executive management team appointments.

Bill Peffer, who joined KMA in July 2017, has been named chief operating officer and executive vice president. Peffer will lead all customer facing functions – sales, marketing, and service – in the U.S., and will report to Sean Yoon, the president and CEO of Kia Motors America and Kia Motors North America. Under Peffer’s leadership as vice president of sales operations, KMA is on the cusp of achieving the highest retail sales total in company history through the development of a consistent and sustainable partnership with the dealer network.

«In the most difficult of circumstances, Kia’s U.S. sales have outperformed the industry throughout 2020 under Bill’s leadership,» said Yoon. «This promotion is well deserved, and with five all-new and significantly redesigned vehicles slated for introduction in 2021 Bill will play an increasingly important role in the growth and maturation of the Kia brand.»

Russell Wager, who joined KMA in July 2019, has been promoted to the position of vice president of marketing.  In this position, Wager will lead and unify the marketing operations, customer journey, and public relations areas for KMA.  As director of marketing operations, Wager forged a first-of-its-kind partnership with the 72nd Emmy® Awards telecast and played a key role in KMA’s Accelerate the Good pandemic response. Wager will report to Bill Peffer.

«Russell has instilled new energy into Kia’s U.S. marketing activities and played a significant role in driving more first-time Kia shoppers to our showrooms,» said Yoon. «With his commitment to innovation and disruption, Russell will continue improving perception as Kia’s next generation of world-class products come to market,» said Yoon.

About Kia Motors America

Headquartered in Irvine, California, Kia Motors America continues to top quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the «Official Automotive Partner» of the NBA and offers a complete range of vehicles sold through a network of more than 750 dealers in the U.S., including cars and SUVs proudly assembled in West Point, Georgia.*

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.

*The Telluride, Sorento and K5 are assembled in the United States from U.S. and globally sourced parts.

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SOURCE Kia Motors America

Richmond Road Holdings, LLC Launches Its 2018-2019 Sustainability Report

NEW YORK, Dec. 17, 2020 /PRNewswire/ — Privately held energy services company Richmond Road Holdings, LLC (RRH) is pleased to announce the highly anticipated release of its 2018-2019 Sustainability Report. RRH operates businesses across several states, including <a target="_blank"…

NEW YORK, Dec. 17, 2020 /PRNewswire/ — Privately held energy services company Richmond Road Holdings, LLC (RRH) is pleased to announce the highly anticipated release of its 2018-2019 Sustainability Report. RRH operates businesses across several states, including Kiwi Energy in New York and Ohio, and Spring Power & Gas in New Jersey, Pennsylvania and Maryland. The company’s 2018-2019 Sustainability Report outlines the ways in which the company attained its goal of maintaining carbon neutrality during the time period, as well as some of the upcoming initiatives that will put RRH on the trajectory to achieve carbon neutrality again in 2020.

Humans throughout the entire world have been presented with unprecedented challenges over the last couple of years, including a wake-up call for the need to take immediate climate action as well as the introduction of the COVID-19 pandemic. From its launch to present day, RRH has maintained a commitment to conducting its business in a manner that is as innovative as it is environmentally and socially responsible. Over the years, RRH has adapted its operations in order to meet the current needs of customers, employees, and the planet.

Richmond Road Holdings, LLC complies with all regulations applicable to its business while striving to operate above the environmental standards required by law in the markets it operates. By reducing its overall environmental footprint, reducing greenhouse gas (GHG) emissions, managing waste, and enhancing biodiversity and environmental conservation, RRH has successfully achieved carbon neutrality over the last five years and is well underway to do so for the sixth year.

RRH has continued to develop its Ecogold loyalty program and is constantly exploring new opportunities that will bring value to customers’ lives, as well as additional ways that customers can live a more sustainable lifestyle. Additionally, through the Ecogold Environmental Fund, RRH is able to partner with non-profit organizations whose programs align with the company and the fund’s values of sustainability, integrity, and environmental accountability. The Ecogold Environmental Fund is a private fund established and funded with contributions from Kiwi Energy and Spring Power & Gas. Partners during 2018-2019 have included Transportation Alternatives, Brooklyn Greenway Initiative, Bethesda Green, Ohio City Bicycle Co-Op, and more.

«RRH values our customers, our people, and the community. Our 2018-2019 Sustainability Report has illustrated the ways in which we consider the overall impact of our company, on the environment, and the wider community. We are always evolving and looking for better and more efficient solutions for our customers. Through our innovative approach and by focusing on our customers and the community, we seek to be the company of choice for environmentally conscious energy solutions. We will continue to advocate for a sustainable future in all of our business operations.» –Richard Booth, President of Retail Operations, Richmond Road Holdings, LLC.

You can view the full report and learn more about the RRH Energy portfolio of brands here.

Media Contact:
Nikki Clark
Email: nikkiclark@rrhenergy.us

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SOURCE RRH Energy Services LLC

KBR Achieves Carbon Neutrality as First Step in 2030 Net-Zero Carbon Goal

HOUSTON, Dec. 17, 2020 /PRNewswire/ — KBR (NYSE: KBR) today published its 2019 Sustainability & Corporate Responsibility Report and unveiled a bold sustainability agenda.

HOUSTON, Dec. 17, 2020 /PRNewswire/ — KBR (NYSE: KBR) today published its 2019 Sustainability & Corporate Responsibility Report and unveiled a bold sustainability agenda.

The company is implementing a dynamic and multifaceted plan that encompasses corporate environmental, social and governance (ESG) strategy, policies, procedures and management approaches focused on accelerating the company’s positive environmental and social impact. Underscoring this focus and commitment, the company announced it achieved carbon neutrality in 2019, increased gender diversity of its board of directors and its executive leadership team to one-third female, and linked achievement of the company’s ESG goals to executive compensation beginning in 2021.

Stuart Bradie, KBR President and CEO, said, «We are proud to be making such measurable progress this early in our sustainability journey. At the same time, we recognize there is much more work to be done. To ensure ESG remains a top priority for our leadership team and our organization, we are linking achievement of ESG objectives to our executive compensation beginning in 2021. We are confident this will further support our efforts to make a positive difference in the world.»  

Bradie continued, «In 2020, COVID-19 caused seismic shifts in the way we live and work. I’m proud to say that KBR has used this as an opportunity to embrace change, think differently and reimagine how we do business. We have strengthened our commitment to sustainable development, to do Zero Harm to People and Planet, and to build a prosperous, purpose-led business that contributes positively to the world in which we live.»

Carbon Neutrality

For 2019, KBR achieved carbon neutrality in its operations and business travel worldwide as verified by ClimatePartner, a leading third-party solution provider for corporate climate action. KBR reached this ambitious sustainability goal two years ahead of schedule by strengthening its internal sustainability efforts and examining its carbon footprint. KBR then offset its remaining 2019 carbon emissions to become carbon neutral by purchasing carbon credits from Wind Farms in India and from projects run by the Plastic Bank across the world. 

By measuring its 2019 carbon footprint, the company created a baseline from which to target reductions in carbon emissions over time. KBR is now developing a strategic climate action plan to achieve net-zero carbon emissions by 2030 and is committed to carbon neutrality for our operations and business travel until we achieve net-zero carbon emissions.

Sustainability Action Plan

In 2019, KBR also broadened its industry-leading Zero Harm safety culture to include its sustainability objectives. The campaign included the introduction of 10 key areas within the company, or pillars, where efforts will be focused to accelerate positive social and environmental impact. These Sustainability Pillars are aligned with the sustainable development goals outlined in the United Nations’ Decade of Action plan, which serves as a road map for KBR’s sustainability journey.

Bradie added, «We believe that Zero Harm is not only about doing what is right with regard to health and safety, but also about doing what is right for our planet, people, communities and business.»  

In addition, the company audited its business for projects, initiatives and technologies that facilitate positive environmental and social impact as part of its work with clients. The audit found more than 60 areas where the company is already increasing energy efficiencies; extending asset life; developing technologies to capture and sequester carbon; improving water efficiencies through innovative infrastructure; harnessing wind power through the development of floating wind farms and substations; developing electric vehicle charging platforms; and others. As a business with a wide scope of services, technologies and expertise, the company recognizes it has an incredible opportunity to drive positive change, innovation and improvements for key markets by assisting clients in their sustainability journey.

KBR is also using data to help inform hiring practices and internal policies to ensure parity and enhance inclusion and diversity. The company has demonstrated progress by expanding gender inclusion and diversity of its board and executive leadership team, as follows:

  • Increased board gender diversity to one-third female in early 2020 (from ~20% in 2019); and
  • Increased executive leadership team gender diversity to one-third female in 2020 (from 10% in 2019)

Sustainability & Corporate Responsibility Report

KBR has published its 2019 Sustainability & Corporate Responsibility Report, which showcases measurable progress related to its sustainability efforts and the positive steps the company is taking to drive change. The report is available at www.kbr.com/sustainability.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people worldwide with customers in more than 80 countries and operations in 40 countries.

KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com  

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company’s control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the significant adverse impacts on economic and market conditions of the COVID-19 pandemic; the company’s ability to respond to the challenges and business disruption presented by the COVID-19 pandemic; the recent dislocation of the global energy market; the company’s ability to realize cost savings and efficiencies relating to the streamlining of its Energy Solutions business; the company’s ability to manage its liquidity; the company’s ability to continue to generate anticipated levels of revenue, profits and cash flow from operations during the COVID-19 pandemic and any resulting economic downturn; the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company’s indemnities from its former parent; changes in capital spending by the company’s customers, including as a result of the COVID-19 pandemic; the company’s ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company’s ability to control its cost under its contracts; claims negotiations and contract disputes with the company’s customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

KBR’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

 

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SOURCE KBR, Inc.

Innovation Refunds Tax Rebate Program is Now Available

IRVINE, Calif., Dec. 17, 2020 /PRNewswire/ — The Innovation Refund initiative has commenced, providing business owners access to a government program that reimburses expenses associated with being more competitive. These aren’t deductions, but are actual cash rebates of previously paid Federal and State taxes. A website has been launched to organize application submittals: <a target="_blank"…

IRVINE, Calif., Dec. 17, 2020 /PRNewswire/ — The Innovation Refund initiative has commenced, providing business owners access to a government program that reimburses expenses associated with being more competitive. These aren’t deductions, but are actual cash rebates of previously paid Federal and State taxes. A website has been launched to organize application submittals: https://www.innovationrefunds.com

Senator Chuck Grassley stated, «Business owners should learn about the tax incentives meant for you. Too often small and medium businesses just simply are not taking advantage of the incentives.»

A team of expert CPAs and tax attorneys have agreed to help businesses by providing a cost-free service to identify, quantify and qualify to receive these cash refunds. Company owners are encouraged to take advantage of this new innovation refund program and no obligation assessment.

For more information, you can visit https://www.innovationrefunds.com, email kmiller@InnovationRefunds.com or call 214-856-0404.

About American Incentive Advisors

Since 2007 our team has successfully completed over 6,000 applications, recovering over $300 million in overpaid taxes. Our firm consists of CPAs, MBAs, PHDs, Engineers, Manufacturing Specialists, Software Developers, Accounting Professionals and Tax Attorneys who are incredibly experienced in this specialized field. They’ve worked at Deloitte and Ernst & Young, for example, performing years of Innovation Refund applications successfully.

About Irvine Family Offices

It’s well established that prominent companies and families receive the best product offerings available. Irvine Family Offices is now bringing beneficial access, preferred treatment, and unparalleled expertise to our invited clients. Since 1864, the Irvine family has been one of California’s largest landowners, evolving from a ranching and farming operation to one of the premier real estate investment companies and master planners in America. Today, we’re known for a commitment to long-term ownership and management of a high-quality portfolio, the breadth and quality of which is unmatched in the country.

Media Contact:
Korey Miller
214-856-0404
kmiller@InnovationRefunds.com

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Daiki Axis’ Business Strategies and Earnings Reviewed by KCR

TOKYO, Dec. 17, 2020 /PRNewswire/ — Daiki Axis Co., Ltd. (TOKYO:4245), an eco-creation and development company that creates social infrastructure centered on water-related businesses, recently has been reviewed by KCR Inc., an independent research and investor relations support company providing reports on various publicly traded Japanese companies. In this report, KCR provides analysis of the company’s business model…

TOKYO, Dec. 17, 2020 /PRNewswire/ — Daiki Axis Co., Ltd. (TOKYO:4245), an eco-creation and development company that creates social infrastructure centered on water-related businesses, recently has been reviewed by KCR Inc., an independent research and investor relations support company providing reports on various publicly traded Japanese companies. In this report, KCR provides analysis of the company’s business model and earnings.

Report Highlights
Daiki Axis Co., Ltd. (4245. First Section, Tokyo Stock Exchange) promotes its corporate slogan, «Protect and change» (Protect the global environment and change humanity’s future) as its business mission. The Company is developing its businesses, including its key water businesses, aiming to become an eco-creation and development company that constructs social infrastructure that provides natural and comfortable living environments for people. Daiki Axis is promoting ESG management by pushing forward with initiatives aimed at increasing its use of renewable energy to 100% (Environment), advancing diversity by encouraging work-style reforms and the active participation of women in the workforce (Society) and reforming its managerial structure while strengthening risk management (Governance).

Daiki Axis’s core segments are the environmental equipment segment, which is characterized by its mainstay wastewater treatment systems, and the household equipment-related business segment, which is represented by its integrated kitchen systems. These two segments account for more than 90% of the Company’s sales. Daiki Axis is currently expanding its renewable energy segment, which is characterized by the compact wind generation and solar power sales businesses. As growth strategies, the Company is publicizing efforts aimed at building water-related infrastructure overseas, expanding its recurring-revenue business of converting groundwater to drinkable water, adding value to its products, focusing on its renewable energy segment, and conducting M&A.

The Company is actively expanding its overseas water-related infrastructure business. Meanwhile, with the goal of maintaining infrastructure in regions extending across the Indian and Pacific oceans, the Japanese government has announced that it will invest or lend about US$50 billion (about 5.5 trillion) to the public and private sectors. The Company has specifically identified the ASEAN region and India as overseas focus destinations, and its wastewater treatment systems made in India have received the Ecomark from the Bureau of Indian Standards. These products also received the Company’s first GreenPro certification under the waste water treatment system category. This certification is expected to raise awareness regarding the Company’s wastewater treatment systems in India and lead to an increase in inquiries regarding their use in government-related buildings and in common eco-friendly buildings. Additionally, the Japanese government has signed on to the Regional Comprehensive Economic Partnership (RCEP), which includes China among its signatory nations and is currently the world’s largest free trade agreement. The Company anticipates that this agreement will have a favorable impact on its corporate performance over the medium to long term.

Net sales in the nine months ended September 30, 2020 were JPY25,687 million (down 3.4% YoY). However, thanks to comprehensive income improvement measures, gross profit came to JPY5,430 million (up 6.2% YoY) while operating income closed at JPY830 million (up 9.9% YoY) and ordinary income at JPY961 million (up 12.3% YoY). In terms of its balance sheet, the Company is reducing its dependence on interest-bearing debt. For the fiscal year ending December 31, 2020, the Company projects net sales of JPY34,400 million (down 3.8% YoY), operating income of JPY1,010 million (up 0.9% YoY), ordinary income of JPY1,160 million (up 0.4% YoY), profit attributable to owners of parent of JPY550 million (down 29.7% YoY), and EPS of JPY44.32.

In the renewable energy segment, the Company has nearly completed its capital investment in solar power generation. Corresponding electric power sales operations have launched and are progressing steadily, providing a stable source of earnings for the Company. In response to impact from the COVID-19 pandemic, the Company is apparently reformulating its medium-term management plan, «Make FOUNDATION Plan,» which extends from 2019 through 2021, and plans to announce the updated plan during the first half of 2021.

The Company has issued sustainability stock acquisition rights to procure funds for expenses incurred through its drinking water business (WaterKiosk business) and associated with projects such as the construction and operation of wastewater treatment system manufacturing plants in Myanmar, Sri Lanka, Bangladesh, and Kenya; the administration of wastewater treatment businesses in India and Bangladesh (BOO/BOT business); and the establishment and management of drinking water sales centers in public spaces (train stations, etc.) in India. Through these stock acquisitions rights, the Company expects to procure funds totaling JPY2,180 million and anticipates an associated rise in its equity ratio.

Daiki Axis has high efficiency indicators. It demonstrates higher performance than the average value of similar and competing companies and is characterized by its efficient capital turnover. When conducting its financial analysis, KCR Inc. compared Daiki Axis to the following three similar and competing companies: Kubota Corporation (TSE1: 6326), Tsukishima Kikai Co., Ltd. (TSE1: 6332), and EPCO., Ltd. (TSE1: 2311).

Daiki Axis focuses on shareholder return. Although it consistently targets a consolidated dividend payout ratio of 30%, the Company has indicated its intention to maintain a dividend payout ratio of 54.2% for the fiscal year ending December 31, 2020 and has made adjustments to shareholder incentives. These varied incentives, which include the gifting of 3,000 reward points to holders of 500 or more shares, benefit shareholders who have held stock in the Company for at least one year, and the actual yield of the Company’s shares as of date this report was written was 3.4% (based on 100 shares).

Read the full research report (KCR Inc.), please see:
http://www.daiki-axis.com/ir/004/index.html#010
For details about Daiki Axis Co., Ltd. (TOKYO:4245), please see:
http://www.daiki-axis.com/english/

Attentions

This report is intended to provide reference information for investment decisions, and is not intended to solicit investment. Although figures and opinions in the report are based on data obtained from sources deemed reliable, KCR Inc. does not guarantee their accuracy. KCR will assume no responsibility for any loss or damage caused by using part or all of these materials. Investors are advised to make investment decisions based on their own judgment and responsibility. Opinions and forecasts described in the report were made as of its preparation date, and we do not make any guarantees about their accuracy and completeness. In addition, these opinions and forecasts may change in the future without prior notice. KCR reserves all rights with respect to the contents. Copying or reproducing the contents without prior approval is prohibited.

Report Content Inquiries

KCR Inc.
TEL: +81-6-6965-6100
Yojiro Kindaichi
info@kcr-inc.com
(English and Japanese correspondence)

Release Disclaimer
This release is for the purpose of providing information to serve as a reference for investment decisions and not for the purpose of soliciting investment. Please exercise your own judgment on final decisions such as investment policy, timing and selection. Please be advised that we do not assume any responsibility for damages caused by this service.

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SOURCE Daiki Axis Co., Ltd.

Kia Earns 2021 IntelliChoice Certified Pre-Owned Car Awards

IRVINE, Calif., Dec. 17, 2020 /PRNewswire-HISPANIC PR WIRE/ — Kia Motors has won two out of three awards in the Popular Brand Category in the 22nd annual IntelliChoice Certified Pre-Owned (CPO) Car Awards.  The Korean brand known for value, quality, and craftsmanship, was honored for Best Popular CPO Warranty and Best Popular Brand Used Ownership Costs.  IntelliChoice is a leading provider of automotive cost and value analysis and part of the MotorTrend Group.

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IRVINE, Calif., Dec. 17, 2020 /PRNewswire-HISPANIC PR WIRE/ — Kia Motors has won two out of three awards in the Popular Brand Category in the 22nd annual IntelliChoice Certified Pre-Owned (CPO) Car Awards.  The Korean brand known for value, quality, and craftsmanship, was honored for Best Popular CPO Warranty and Best Popular Brand Used Ownership Costs.  IntelliChoice is a leading provider of automotive cost and value analysis and part of the MotorTrend Group.

Kia earns 2021 Intellichoice Certified Pre-Owned Car Awards.

«We’re proud to be recognized by IntelliChoice for our CPO program as it is an important component of Kia’s overall commitment to our customers,» said Sean Yoon, president & CEO, Kia Motors America, Kia Motors North America. «Similar to our new car offerings, it is our aim to provide the highest quality, best warranty, and lowest cost-of ownership for every pre-owned vehicle we sell.»

Kia has now won the Best Popular CPO Warranty award for four consecutive years. Kia’s CPO warranty provides coverage for 10 years/100,000 miles from the original in-service date, whichever comes first, and an additional one year/12,000 miles of Platinum Coverage beginning at time/mileage of CPO purchase.  Kia’s win of the Best Popular Brand Used Ownership Costs award for 2021 makes it a two-time winner in this category. 

For the CPO car awards, IntelliChoice evaluates 26 manufacturer-backed programs in two categories—Premium and Popular—based on overall market position and vehicle price range. Key components analyzed include extended manufacturer warranties, used car ownership costs, inspection process comprehensiveness, and special financing incentives. Overall, nine areas are assessed.  Furthermore, this year consisted of over 160 hours of research, 50 email surveys, the tracking of over 300 special financing and cash offers for CPO purchases, and the calculation of ownership costs for 6,572 vehicles.

«Congratulations go to Kia which continues to perform strongly in IntelliChoice’s annual CPO Awards, winning the 2021 Best Warranty Award and Best Brand Used Ownership Costs Award,» said IntelliChoice Analyst Debbie Eldridge. «This year’s CPO study revealed a 38% increase in the number of Excellent values for Kia over last year on a per-trim basis.  What this means is, this year, more Kias scored the highest rating possible in IntelliChoice’s Used Cost of Ownership analysis, sealing the deal on Kia’s Used Ownership Costs award and making the purchase of a Certified Pre-Owned Kia a wise choice.»

About Kia Motors America

Headquartered in Irvine, California, Kia Motors America continues to top quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the «Official Automotive Partner» of the NBA and offers a complete range of vehicles sold through a network of more than 750 dealers in the U.S., including cars and SUVs proudly assembled in West Point, Georgia.*

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.

About IntelliChoice

IntelliChoice, part of the MotorTrend Group, is the market leader in automotive ownership cost and car value analysis. Founded in 1986, IntelliChoice is committed to empowering consumers to make better purchase decisions by providing independent and essential automotive information and tools. Through the motortrend.com website, consumers can research, compare, and price new cars and the cost of ownership. 

*The Telluride, Sorento and K5 are assembled in the United States from U.S. and globally sourced parts.

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SOURCE Kia Motors America

Kia Earns 2021 IntelliChoice Certified Pre-Owned Car Awards

IRVINE, Calif., Dec. 17, 2020 /PRNewswire/ — Kia Motors has won two out of three awards in the Popular Brand Category in the 22nd annual IntelliChoice Certified Pre-Owned (CPO) Car Awards.  The Korean brand known for value, quality, and craftsmanship, was honored for Best Popular CPO Warranty and Best Popular Brand Used Ownership Costs.  IntelliChoice is a leading provider of automotive cost and value analysis and part of the MotorTrend Group.

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IRVINE, Calif., Dec. 17, 2020 /PRNewswire/ — Kia Motors has won two out of three awards in the Popular Brand Category in the 22nd annual IntelliChoice Certified Pre-Owned (CPO) Car Awards.  The Korean brand known for value, quality, and craftsmanship, was honored for Best Popular CPO Warranty and Best Popular Brand Used Ownership Costs.  IntelliChoice is a leading provider of automotive cost and value analysis and part of the MotorTrend Group.

Kia receives Best Popular CPO Warranty award for fourth year in a row.

«We’re proud to be recognized by IntelliChoice for our CPO program as it is an important component of Kia’s overall commitment to our customers,» said Sean Yoon, president & CEO, Kia Motors America, Kia Motors North America. «Similar to our new car offerings, it is our aim to provide the highest quality, best warranty, and lowest cost-of ownership for every pre-owned vehicle we sell.»

Kia has now won the Best Popular CPO Warranty award for four consecutive years. Kia’s CPO warranty provides coverage for 10 years/100,000 miles from the original in-service date, whichever comes first, and an additional one year/12,000 miles of Platinum Coverage beginning at time/mileage of CPO purchase.  Kia’s win of the Best Popular Brand Used Ownership Costs award for 2021 makes it a two-time winner in this category. 

For the CPO car awards, IntelliChoice evaluates 26 manufacturer-backed programs in two categories—Premium and Popular—based on overall market position and vehicle price range. Key components analyzed include extended manufacturer warranties, used car ownership costs, inspection process comprehensiveness, and special financing incentives. Overall, nine areas are assessed.  Furthermore, this year consisted of over 160 hours of research, 50 email surveys, the tracking of over 300 special financing and cash offers for CPO purchases, and the calculation of ownership costs for 6,572 vehicles.

«Congratulations go to Kia which continues to perform strongly in IntelliChoice’s annual CPO Awards, winning the 2021 Best Warranty Award and Best Brand Used Ownership Costs Award,» said IntelliChoice Analyst Debbie Eldridge. «This year’s CPO study revealed a 38% increase in the number of Excellent values for Kia over last year on a per-trim basis.  What this means is, this year, more Kias scored the highest rating possible in IntelliChoice’s Used Cost of Ownership analysis, sealing the deal on Kia’s Used Ownership Costs award and making the purchase of a Certified Pre-Owned Kia a wise choice.»

About Kia Motors America

Headquartered in Irvine, California, Kia Motors America continues to top quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the «Official Automotive Partner» of the NBA and offers a complete range of vehicles sold through a network of more than 750 dealers in the U.S., including cars and SUVs proudly assembled in West Point, Georgia.*

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.

About IntelliChoice

IntelliChoice, part of the MotorTrend Group, is the market leader in automotive ownership cost and car value analysis. Founded in 1986, IntelliChoice is committed to empowering consumers to make better purchase decisions by providing independent and essential automotive information and tools. Through the motortrend.com website, consumers can research, compare, and price new cars and the cost of ownership. 

*The Telluride, Sorento and K5 are assembled in the United States from U.S. and globally sourced parts.

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SOURCE Kia Motors America

Ellomay Capital Announces Results of 2020 Extraordinary General Meeting of Shareholders

TEL AVIV, Israel, Dec. 17, 2020 /PRNewswire/ — Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) («Ellomay» or the «Company»), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced that at the extraordinary general meeting of the Company’s shareholders, held on December 17, 2020 (the…

TEL AVIV, Israel, Dec. 17, 2020 /PRNewswire/ — Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) («Ellomay» or the «Company»), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced that at the extraordinary general meeting of the Company’s shareholders, held on December 17, 2020 (the «EGM«), the following proposals were adopted and approved by the required majority (including the special majority required in connection with proposals 1, 3, and 5-7):

  1. Election of Mr. Daniel Vaknin as a new external director for an initial three-year term, commencing December 20, 2020;
  2. Approval of terms of service of Mr. Daniel Vaknin, the external director nominee;
  3. Approval of grant of options to Mr. Daniel Vaknin, the external director nominee;
  4. Approval of provision of an exemption to Mr. Daniel Vaknin, the external director nominee;
  5. Approval of terms of service of Mr. Ehud Gil, a member of the Board of Directors;
  6. Approval of grant of options to Mr. Ehud Gil, a member of the Board of Directors; and
  7. Approval of provision of an exemption to Mr. Ehud Gil, a member of the Board of Directors.

For more information, please see the Company’s Amended Notice and Proxy Statement relating to the EGM furnished on Form 6-K to the Securities and Exchange Commission on November 27, 2020.

About Ellomay Capital Ltd.

Ellomay is an Israeli based company whose shares are registered with the NYSE American and with the Tel Aviv Stock Exchange under the trading symbol «ELLO». Since 2009, Ellomay Capital focuses its business in the renewable energy and power sectors in Europe and Israel.

To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel, Italy and Spain, including:

  • Approximately 7.9MW of photovoltaic power plants in Spain and a photovoltaic power plant of approximately 9 MW in Israel;
  • 9.375% indirect interest in Dorad Energy Ltd., which owns and operates one of Israel’s largest private power plants with production capacity of approximately 860MW, representing about 6%-8% of Israel’s total current electricity consumption;
  • 51% of Talasol, which is involved in a project to construct a photovoltaic plant with a peak capacity of 300MW in the municipality of Talaván, Cáceres, Spain;
  • Groen Gas Goor B.V., Groen Gas Oude-Tonge B.V. and Groen Gas Gelderland B.V., project companies operating anaerobic digestion plants in the Netherlands, with a green gas production capacity of approximately 3 million, 3.8 million and 9.5 million (with a license to produce 7.5 million) Nm3 per year, respectively;
  • 75% of Ellomay Pumped Storage (2014) Ltd. (including 6.67% that are held by a trustee in trust for us and other parties), which is involved in a project to construct a 156 MW pumped storage hydro power plant in the Manara Cliff, Israel.

Ellomay Capital is controlled by Mr. Shlomo Nehama, Mr. Hemi Raphael and Mr. Ran Fridrich. Mr. Nehama is one of Israel’s prominent businessmen and the former Chairman of Israel’s leading bank, Bank Hapohalim, and Messrs. Raphael and Fridrich both have vast experience in financial and industrial businesses. These controlling shareholders, along with Ellomay’s dedicated professional management, accumulated extensive experience in recognizing suitable business opportunities worldwide. Ellomay believes the expertise of Ellomay’s controlling shareholders and management enables the Company to access the capital markets, as well as assemble global institutional investors and other potential partners. As a result, we believe Ellomay is capable of considering significant and complex transactions, beyond its immediate financial resources.

For more information about Ellomay, visit http://www.ellomay.com.

Information Relating to Forward-Looking Statements

This press release contains forward-looking statements that involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of the Company’s management. All statements, other than statements of historical facts, included in this press release regarding the Company’s plans and objectives, expectations and assumptions of management are forward-looking statements.  The use of certain words, including the words «estimate,» «project,» «intend,» «expect,» «believe» and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company’s forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company’s forward-looking statements, including the impact of COVID-19 virus on the Company’s operations and projects, including in connection with steps taken by authorities in countries in which the Company operates, regulatory changes, changes in the supply and prices of resources required for the operation of the Company’s facilities (such as waste and natural gas) and in the price of oil, changes in demand and technical and other disruptions in the operations or construction of the power plants owned by the Company in addition to other risks and uncertainties associated with the Company’s business that are described in greater detail in the filings the Company makes from time to time with Securities and Exchange Commission, including its Annual Report on Form 20-F. The forward-looking statements are made as of this date and the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

Kalia Weintraub 
CFO
Tel: +972 (3) 797-1111
Email: hilai@ellomay.com

 

 

 

 

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SOURCE Ellomay Capital Ltd

Hillphoenix Portfolio of Natural Refrigeration Solutions Will Enable Food Retailers to Meet Recent California Air Resource Board Regulations

DOWNERS GROVE, Ill., Dec. 17, 2020 /PRNewswire/ — The California Air Resource Board (CARB) enacted regulations on December 14 that are expected to significantly impact the supermarket and industrial refrigeration industry. These regulatory requirements on artificial refrigerants known as hydrofluorocarbons or HFCs are the most stringent implemented in the United States to date. Hillphoenix’s portfolio of environmentally friendly products…

DOWNERS GROVE, Ill., Dec. 17, 2020 /PRNewswire/ — The California Air Resource Board (CARB) enacted regulations on December 14 that are expected to significantly impact the supermarket and industrial refrigeration industry. These regulatory requirements on artificial refrigerants known as hydrofluorocarbons or HFCs are the most stringent implemented in the United States to date. Hillphoenix’s portfolio of environmentally friendly products are designed to enable businesses to become compliant with these types of new regulations.

The new rules specifically affect commercial and industrial, stationary refrigeration units in California like the ones found in grocery stores and other food retail establishments. The regulations apply to new refrigeration equipment and retrofits and take effect at the beginning of January 2022.

«This landmark decision by CARB will have a lasting impact on the industry and likely have far-reaching influence on regulatory decisions across the United States and beyond, as requirements similar to California’s could potentially become the adopted standards,» stated Scott Martin, Director of Research, Industry Relations and Development, Dover Food Retail and Hillphoenix. «Hillphoenix, in keeping with the sustainability focus of our parent company Dover, is committed to developing products that help our customers meet their sustainability goals, run their operations more efficiently and satisfy evolving regulatory and environmental standards. With our leading portfolio of natural refrigeration solutions, Hillphoenix is well positioned to provide innovative and environmentally friendly products and an efficient path to compliance for our customers.»

Hillphoenix has invested in a broad portfolio of sustainable technologies and refrigeration solutions to satisfy the customer demand driven by evolving regulatory requirements, such as the new regulations in California. Investments include the acquisition of Advansor DE in Europe, a leader in carbon dioxide (CO2) technology research and development in sustainable refrigeration systems.  Natural refrigeration solutions like CO2 have a lower global warming potential (GWP) than traditional artificial refrigerants. Hillphoenix recently opened a new facility dedicated to this business line that will be a springboard for CO2 leadership in Europe and North America. To date, Advansor has over 7,000 installations of CO2 systems in Europe.

«Advansor is a world leader in natural refrigeration technologies, and our technology uses CO2 in refrigeration to lessen the product’s contribution to global warming,» stated Kristian Breitenbauch, Managing Director, Advansor. «We are continuously innovating to improve environmental outcomes for our customers.»

U.S. manufacturing at Hillphoenix is focused on providing a wide variety of CO2 systems with North American installations exceeding 1,000 as many major retailers have committed to making the technology switch.

«Hillphoenix is a pioneer in designing environmentally sustainable refrigeration products for the industry,» said Martin. «With improvements in alternative refrigerants and energy efficiency, Hillphoenix has helped remove over 2.5 billion pounds of harmful emissions from customer operations in the last two decades and delivered thousands of natural refrigeration solutions to food retailers. We remain committed to supporting the reduction of harmful emissions to help our customers succeed in the marketplace and reduce their environmental burden.»

About Hillphoenix:
Hillphoenix branded products and services deliver advanced design and manufacturing of commercial refrigerated display cases and specialty products along with commercial and industrial refrigeration systems and integrated power distribution systems. Training, design, energy and aftermarket services are available through the Hillphoenix Learning and Design Centers and The AMS Group. For more information visit www.hillphoenix.com, or call 800-283-1109.

About Dover Food Retail:
Dover Food Retail, part of Dover Corporation with headquarters in Conyers, Georgia, is the partner to customers seeking to create unique food experiences. Employing the capabilities of our industry-leading brands, Anthony and Hillphoenix, we are able to provide insight and a comprehensive portfolio of innovative solutions that enables our customers to sell more food, more profitably. Our ability to evolve with the ever-changing market demands is driven by our passion for understanding our customers’ business and providing them with the best quality products and services they need to succeed both today and in the future. Our focused, forward-thinking approach, combined with the strength of our brands, sets the stage for streamlined product development, a broader product portfolio, and cutting-edge technology resulting in redefining what is possible for customers in the food retail value chain.

About Dover:
Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Fueling Solutions, Imaging & Identification, Pumps & Process Solutions and Refrigeration & Food Equipment. Dover combines global scale, operational agility, world-class engineering capability and customer intimacy to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of over 23,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under «DOV.» Additional information is available at dovercorporation.com.  

Investor Contact:
Andrey Galiuk
Vice President – Corporate Development and Investor Relations
(630) 743-5131
agaliuk@dovercorp.com

Media Contact:
Adrian Sakowicz
Vice President – Communications
(630) 743-5039
asakowicz@dovercorp.com 

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SOURCE Dover