Month: May 2023

INGLESIDE, Texas, May 22, 2023 /3BL Media/ – The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company, and Ingleside Independent School District (Ingleside ISD) announced a partnership through the company’s Chemours Future of Engineering, Science, Trades, and Technology (ChemFEST) program, to promote early engagement in STEM education in the Ingleside community.

The ChemFEST school partnership program is a company-wide effort designed to champion change toward a more diverse science, technology, engineering, and math (STEM) workforce. Through ChemFEST, Chemours is investing in middle schools in its footprint communities worldwide to ensure that younger students are exposed to STEM education early on. This is critical as research shows that proficiency and interest in STEM are most influential when initiated before students reach high school and begin choosing their courses. There will be more than 800,000 job openings in STEM-related fields over the next 20 years.

Ingleside ISD is a public school district based in Ingleside, Texas. In addition to Ingleside, the district serves the city of Ingleside on the Bay. Leon Taylor Middle School is the district’s only middle school and the center of the ChemFEST Partnership.

The ChemFEST school partnership model allows for customization to meet the needs of each partner school and the local community. In Ingleside, the partnership will support the Leon Taylor Middle School STEM curriculum for grades 6-8. All middle school students will benefit from the curriculum as it will be used to prepare students for the revised Texas Essential Knowledge and Skills exam and provide continuous professional development for staff members. Additionally, the partnership will allow Chemours employees to engage with students throughout the year, including STEM showcases, after-school events, mentorship programs, science fairs, and more.

On Tuesday, May 9, representatives from the Corpus Christi Chemours site presented a check to the Ingleside ISD School Board. During the meeting, Chemours Corpus Christi Site Manager Mark Reyes stated, “This ChemFEST partnership with Ingleside ISD includes a grant of $85k over the next three years. This initial investment will enhance STEM and science programs for all middle school students. We hope to make similar investments throughout the district that impact all Ingleside students to provide more exposure to STEM education and career opportunities to help build a more vibrant community.”

“We are thrilled to partner with Chemours, as they are a company dedicated to sustainable chemistry, innovation, and developing future leaders in the Coastal Bend. This partnership will provide students with a unique opportunity to learn about the exciting world of STEM and the critical role that robotics plays in shaping our future,” says Ingleside ISD Superintendent Troy Mircovich. “By engaging with industry professionals and participating in hands-on activities, students will develop the skills and knowledge they need to pursue careers in science, technology, engineering, and math. This collaboration is a powerful example of how public-private partnerships can create new pathways to success for young people and drive innovation in our communities.”

“All ChemFEST programs include multi-year financial support as part of Chemours’ Corporate Responsibility Commitment goal to invest $50 million to create and sustain vibrant communities. The time, talent, financial resources, and expertise of Chemours and its employees will be used to help meet each school’s needs with the goal of engaging and inspiring the next generation of STEM professionals. To learn more about Chemours’ ChemFEST school partnership program, visit www.chemours.com/chemfest.

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HOUSTON, May 25, 2023, /3BL Media/ – BikeHouston is celebrating the funding of 15 new bike stations and an electric cargo trike, thanks to a $50,000 grant from Green Mountain Energy Sun Club. The new electric cargo trike will eliminate the need for gasoline-powered vehicle transport for BikeHouston, while strategically placed bike stations with racks and air pumps at local businesses and trail entry points will encourage more usage.

“BikeHouston is committed to filling gaps in the bike network and taking down the barriers that keep people from getting on bikes,” said Joe Cutrufo, BikeHouston Executive Director. “We are grateful to Green Mountain Energy Sun Club for their generosity and look forward to Houston becoming a city where anyone can bike.”

BikeHouston was founded in 2004 on a mission to transform Houston into a city where anyone, regardless of who they are or where they live, can safely and easily get around by bike. The nonprofit is the only one in Houston focused on these issues and works to achieve this goal through partnerships, advocacy, education, and enhancing bike parking in the city, which is a primary factor in why people do not bike. Through BikeHouston’s advocacy, the City of Houston has made incredible progress with the continual expansion of parks and trails as well as safe on-street biking to provide access to these expanding parks and trails.

“Sun Club recognizes the importance and benefits of sustainable practices from organizations in the community,” said Mark Parsons, Green Mountain Energy vice president. “We are excited to play a role in the impact these new bike stations and electric cargo trike will have in supporting BikeHouston’s mission of promoting safe and accessible bike riding in the city of Houston.”

Green Mountain Energy, the nation’s longest-serving renewable energy retailer, founded Sun Club in 2002 to advance sustainability by partnering with nonprofit organizations engaged in meaningful work that supports the communities the company serves. BikeHouston is one of more than 150 projects to receive a sustainability grant since Sun Club’s founding. The grants are awarded to nonprofits seeking to implement projects promoting renewable energy, energy efficiency, resource conservation and environmental stewardship.

The first bike station installation from this grant is located at the headquarters of The Orange Show Center for Visionary Art. This location’s installation will provide bike accessibility for riders arriving from the Brays Bayou bike path in addition to making bike transportation and parking more accessible to the art center’s headquarters.

To learn more about BikeHouston and the 14 remaining bike stations being set up across Houston, visit bikehouston.org.

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About Green Mountain Energy Sun Club 
Green Mountain Energy is changing the way power is made and advancing sustainable communities through the work of Green Mountain Energy Sun Club. Since its founding in 2002, Sun Club® has donated more than $13 million to 156 nonprofit organizations across Texas and the Northeast. Sun Club collaborates with nonprofit organizations on projects that focus on renewable energy, energy efficiency, resource conservation, and environmental stewardship. To learn more about Green Mountain Energy and Sun Club or to apply for a Sun Club grant, visit greenmountain.com/sunclub.

About BikeHouston 
BikeHouston is on a mission to transform Houston into a city where anyone, regardless of who they are or where they live, can safely and easily get around by bike.

Media Contacts: 
Green Mountain Energy 
Jeanie Davey 
Jeanie.davey@greenmountain.com / 267-240-3047

CNH Industrial and ONE SMART SPRAY, a joint venture between Bosch and BASF, have signed a collaboration agreement to integrate the latter’s advanced spraying system within CNH Industrial’s agricultural brand product portfolios. The system’s integration will be led by the Raven team and will be commercially available via the global Case IH and New Holland Agriculture brands.

The ONE SMART SPRAY integration is an important solution that will fast track the further enhancement of CNH Industrial’s precision and automated spraying capabilities. It will do so through multiple cameras installed on a sprayer’s boom. This will provide customers with green-on-green (plant on plant) and green-on-brown (plant on soil) weed detection and selective spraying.

Precision is combined with digital tools and agronomic insights that are accessible via mobile devices to provide in-depth weed maps, track input and cost savings in real time and generate automated reports and data. These deliver farmers clean fields while maximizing herbicide savings, operational efficiency and sustainability. The system also allows farmers to set up their desired spraying operations both in day and night conditions to expand their operating windows.

The collaboration with ONE SMART SPRAY is the latest development in CNH Industrial’s AgTech product offering, which will continue to support the world’s farmers to farm more efficiently and sustainably.

Entergy seeks to capture the growth opportunities for the benefit of our customers, CEO tells shareholders at annual meeting

NEW ORLEANS, May 25, 2023 /3BL Media/ – Entergy continues to see significant business and industrial growth across its region over the next several years, said Chairman and CEO Drew Marsh, during the company’s 74th annual shareholders meeting that was held virtually today.

“We’re seeing significant business and industrial growth across our region over the next several years, which reflects the many competitive advantages of the Gulf region, recent geopolitical dynamics and supportive commodity trends,” said Marsh. “We also see an unprecedented growth opportunity in helping our customers achieve their own emission reduction goals, which begins with us reducing our customers’ indirect emissions and continues through electrification of industrial operations to reduce their direct emissions. This unique growth opportunity is starting to materialize now and will drive Entergy’s growth in the years and decades to come.”

To help foster industrial customers’ continued investment in the Entergy region and ensure prosperity for its customers and communities, the company continues to engage with its regulators and other key stakeholders to accelerate investments in resilience and strengthened infrastructure.

“These investments will reduce future storm restoration costs, help our customers and communities recover faster, and give our customers the confidence to make investments that help our communities thrive,” he said.

Marsh cited several milestones Entergy achieved in 2022:

“We continued to invest in renewable energy and other clean technology solutions. We issued requests for proposals for 5,500 megawatts of renewable projects, brought three solar facilities online and received approval for four new solar resources totaling 475 megawatts.”“We also issued an updated TCFD-aligned climate report and set a new interim climate goal to achieve 50% carbon-free energy capacity by 2030.”“Financially, we delivered with adjusted earnings per share in the top half of our guidance range for the seventh consecutive year.”“Our efforts to strengthen diversity, inclusion and belonging continued to yield positive results. We concluded 2022, as we did in 2021, with gains in both female and diverse representation toward the goal of reflecting the rich diversity of the communities we have the privilege to serve.”

Focused on the customer, leading on electrification

In 2022, Entergy actively worked to keep energy rates affordable for customers and communities.

Higher than usual temperatures last summer drove record energy usage, and this combined with higher natural gas prices and storm recovery costs produced higher electric bills. To help ease the burden, we worked closely with our regulators on a series of measures including applying shareholder donations to all Entergy operating companies for bill payment assistance programs. Those donations and our ongoing The Power to Care program accounted for $10 million in customer assistance.

We set up flexible payment arrangements and waived late payment fees for eligible residential customers. In addition to these direct financial actions, our employees conducted volunteer energy efficiency and weatherization events in several neighborhoods.

In partnership with nonprofit organizations, we’ve been working on additional ways to help customers who are facing ongoing challenges receive financial assistance from federal and state programs. In 2022, those initiatives translated into 41% more financial assistance received by our customers compared with the previous year.

We will continue making investments to reduce fuels costs through more efficient generation and renewable resources. By expanding our clean energy capacity, we will reduce our customers’ indirect emissions and continue through electrification of industrial operations to reduce their direct emissions.

“I am excited about Entergy’s future. Our employees have proven they are highly motivated to help power the lives of our stakeholders today, tomorrow and for future generations. They have demonstrated they are working for everyone and ready for anything. That is what our communities and customers expect from us, and that is what it takes to be the premier utility,” said Marsh.

“Fundamentally, we believe all our stakeholders have a very bright future ahead, and Entergy is championing a better electric future through lower carbon generation, reliable transmission and expanded customer use,” Marsh concluded.

Other business

Additional business conducted during today’s shareholder meeting:

Shareholders elected all 12 nominees to the company’s board of directors.Five management proposals related to the appointment of the company’s independent public accountants and executive compensation, among other items, were voted on and approved by shareholders.Marsh responded to several shareholder questions on a range of topics.

A replay of the meeting and responses to questions will be posted on Entergy’s Investor Relations website next week.

Read about Entergy’s growth opportunities ahead and view additional milestones from last year in our 2022 Integrated Report.

About Entergy

Entergy (NYSE: ETR) is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com and follow @Entergy on social media. #WePowerLife

Cautionary note regarding forward-looking statements

In this news release, and from time to time, Entergy Corporation makes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, among other things, statements regarding Entergy’s current financial and operational outlooks; industrial load growth outlooks; statements regarding its climate transition and resilience plans, goals, beliefs, or expectations; and other statements of Entergy’s plans, beliefs, or expectations included in this news release. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Except to the extent required by the federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Forward-looking statements are subject to a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including (a) those factors discussed elsewhere in this news release and in Entergy’s most recent Annual Report on Form 10-K, any subsequent Quarterly Reports on Form 10-Q, and Entergy’s other reports and filings made under the Securities Exchange Act of 1934; (b) uncertainties associated with (1) rate proceedings, formula rate plans, and other cost recovery mechanisms, including the risk that costs may not be recoverable to the extent or on the timeline anticipated by the utilities and (2) implementation of the ratemaking effects of changes in law; (c) uncertainties associated with (1) realizing the benefits of its resilience plan, including impacts of the frequency and intensity of future storms and storm paths, as well as the pace of project completion and (2) efforts to remediate the effects of major storms and recover related restoration costs; (d) risks associated with operating nuclear facilities, including plant relicensing, operating, and regulatory costs and risks; (e) changes in decommissioning trust fund values or earnings or in the timing or cost of decommissioning Entergy’s nuclear plant sites; (f) legislative and regulatory actions and risks and uncertainties associated with claims or litigation by or against Entergy and its subsidiaries; (g) risks and uncertainties associated with executing on business strategies, including strategic transactions that Entergy or its subsidiaries may undertake and the risk that any such transaction may not be completed as and when expected and the risk that the anticipated benefits of the transaction may not be realized; (h) impacts from terrorist attacks, geopolitical conflicts, cybersecurity threats, data security breaches, or other attempts to disrupt Entergy’s business or operations, and/or other catastrophic events; (i) the direct and indirect impacts of the COVID-19 pandemic on Entergy and its customers; and (j) effects on Entergy or its customers of (1) changes in federal, state, or local laws and regulations and other governmental actions or policies, including changes in monetary, fiscal, tax, environmental, or energy policies; (2) the effects of changes in commodity markets, capital markets, or economic conditions; and (3) the effects of technological change, including the costs, pace of development, and commercialization of new and emerging technologies.

Contact

Bill Abler
504-576-3097
wabler@entergy.com

Cristina del Canto
504-576-4238
mdelcan@entergy.com