Month: April 2025

SAUSALITO, Calif., April 9, 2025 /PRNewswire/ — In a powerful commitment to ocean conservation, Pacific American Group has donated $1 million to the newly launched 4ocean Foundation. More than a generous gift, this marks the start of a broader movement to tackle plastic pollution through collaboration, leadership, and innovation.

To amplify the impact of this donation, Pacific American Group’s CEO, Linda Hothem, hosted an intimate Jeffersonian-style dinner at her Sausalito residence on March 26. The evening brought together ocean advocates, scientists, and nonprofit leaders for a deep, solutions-focused dialogue on marine conservation, corporate responsibility, and the role of philanthropy in driving systemic change.

Among those in attendance were 4ocean Co-Founder and CEO Alex Schulze; Cecily Majerus, CEO of The Marine Mammal Center; and Jeff Boehm, the Center’s Chief External Relations Officer. The gathering emphasized bridging philanthropy with action, fostering strategic partnerships that extend beyond cleanup efforts to long-term environmental solutions.

“Philanthropy alone isn’t enough—we need leadership and collective action to turn the tide on ocean pollution,” said Linda Hothem, CEO of Pacific American Group. “By bringing together some of the most influential minds in this space, we hoped to chart a path toward lasting impact that went far beyond this donation.”

Jack Lighton, Executive Director at 4ocean Foundation, highlighted the urgency of the issue: “Over 400 million tons of plastic are produced annually, with 8 million tons entering the ocean. This crisis demands immediate and sustained response. With Pacific American Group’s support, we can expand our cleanup efforts and mobilize communities worldwide.”

The donation will significantly boost 4ocean’s global cleanup operations, while also inspiring broader participation in environmental stewardship across sectors.

Pacific American Group, based in the San Francisco Bay Area, is a real estate investment company with a diverse portfolio spanning industrial, commercial, and residential properties. Their mission focuses on long-term value and supporting the infrastructure essential to resilient regional economies.

The 4ocean Foundation, a 501(c)(3) nonprofit, is dedicated to cleaning our ocean, rivers, and coastlines by removing plastic and other pollutants. Their vision is to build a global movement for a world free of ocean plastic. Learn more or support their mission at 4oceanFoundation.org.

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SOURCE 4ocean Foundation

PALM BEACH GARDENS, Fla., April 9, 2025 /PRNewswire/ — Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Directors declared a quarterly dividend of $0.225 per outstanding share of Carrier common stock. The dividend will be payable on May 22, 2025 to shareowners of record at the close of business on May 2, 2025.

About Carrier
Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating solutions that matter for people and our planet for generations to come. From the beginning, we’ve led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do. For more information, visit corporate.carrier.com or follow Carrier on social media at @Carrier.

Cautionary Statement
This communication contains statements which, to the extent they are not statements of historical or present fact, constitute “forward-looking statements” under the securities laws. These forward-looking statements are intended to provide management’s current expectations or plans for Carrier’s future payment of a dividend, based on assumptions currently believed to be valid. Forward-looking statements can be identified by the use of words such as “believe,” “expect,” “expectations,” “plans,” “strategy,” “prospects,” “estimate,” “project,” “target,” “anticipate,” “will,” “should,” “see,” “guidance,” “outlook,” “confident,” “scenario” and other words of similar meaning in connection with a discussion of future operating or financial performance. Forward-looking statements may include, among other things, statements relating to future sales, earnings, cash flow, results of operations, uses of cash, share repurchases, tax rates and other measures of financial performance or potential future plans, strategies or transactions of Carrier, Carrier’s plans with respect to its indebtedness and other statements that are not historical facts. All forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. For additional information on identifying factors that may cause actual results to vary materially from those stated in forward-looking statements, see Carrier’s reports on Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission from time to time. Any forward-looking statement speaks only as of the date on which it is made, and Carrier assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

CARR-IR

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SOURCE Carrier Global Corporation

NEW ORLEANS, April 9, 2025 /PRNewswire/ — Today, Entergy announced its published 2024 Performance Report, “Energy for a better future.” This detailed report presents the company’s 2024 achievements, future plans and strategies for continued success. Presented along with financial results are the economic, environmental, governance, and social aspects helping drive outcomes for the benefit of all our stakeholders.

“As we move forward from a strong 2024, Entergy is uniquely positioned to power life for our customers and communities, today and for future generations,” said Drew Marsh, Entergy chair and chief executive officer. “Our investments in customer-driven solutions like strengthening the energy grid and advancing cleaner energy reflect our commitment to adapting to changing needs. We’re also addressing unprecedented growth opportunities while maintaining low electric rates by engaging our stakeholders on this transformational journey.”

Highlights from 2024 include:

Driving growth in our region. Entergy is benefiting from companies expanding or establishing new operations in the Gulf South. That’s in part because our service area provides access to international markets with proximity to the Mississippi River and the ports along the Gulf Coast. We have a customer-led plan to invest for continued growth, reliability and resilience while maintaining a strong balance sheet and managing risk for all stakeholders. Through 2028, we plan to invest $37 billion to meet this expected growth.

Creating a cleaner energy future. We operate one of the cleanest large-scale power generation fleets in the United States. As we continue to transform our generation portfolio to cleaner resources, we are also responsibly delivering meaningful environmental, social and economic value to the communities we serve, now and in the future. We are continuing to expand our power generation fleet to meet the need of anticipated growth in our service area — including new data centers and other large customers — with cleaner technologies. This strategy supports Entergy’s long-term commitment to achieving net-zero emissions by 2050 and helps customers meet their own environmental goals through low-carbon and carbon-free power.

Affordability for our customers. Entergy is committed to keeping bills as low as possible for all our customers, especially for people struggling financially. Entergy promotes energy efficiency initiatives that help individual customers save money by reducing their usage. This includes energy audits, incentives, rebates and products to make people’s homes or businesses more energy efficient. Our Bill Toolkit, launched in 2024, empowers customers with resources and available assistance options to help them more easily manage their energy bills.

Empowering our communities. Giving back to our communities, and empowering them, is at the core of our mission. In 2024, our focus on corporate social responsibility made a meaningful difference in the lives of our customers and communities, resulting in an economic impact of $153.52 million across our service area. Our dedicated employees were vital to this success, contributing more than 122,000 hours of volunteer service, valued at more than $4 million.

Delivering on our financial commitments. Our 2024 adjusted earnings per share was $3.65, in the top half of our guidance range. Our predictable financial results are the result of our actions to create value for our customers, employees, communities and owners. We are investing in our power delivery system to improve reliability and resilience, and we are expanding our clean, modern generation to support rapidly growing industrial load and the emission reduction goals of our customers.

Explore the report to see our progress and learn how we provide energy for a better future.

About Entergy

Entergy (NYSE: ETR) produces, transmits and distributes electricity to power life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing for growth and improved reliability and resilience of our energy system while working to keep energy rates affordable for our customers. We’re also investing in cleaner energy generation like modern natural gas, nuclear and renewable energy. A nationally recognized leader in sustainability and corporate citizenship, we deliver more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com and connect with @Entergy on social media.

Forward-looking information

Entergy’s statements concerning its plans, goals, beliefs and expectations, including statements regarding its financial and operational outlooks, industrial load growth outlooks, capital plans and climate goals or commitments, and other statements of Entergy’s plans, beliefs, or expectations included in this news release are “forward-looking statements” which apply only as of the dates indicated. 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, among other things, uncertainties associated with regulatory proceedings and other cost recovery mechanisms; operation and relicensing of nuclear facilities; major storms and other catastrophic events; risks associated with executing on our business strategies; effects on Entergy or its customers of changes in federal, state, or local laws, regulations and other governmental actions or policies, including changes in monetary, fiscal, tax, environmental, or energy policies; risks and uncertainties associated with executing on business strategies, including, (i) 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, and (ii) Entergy’s ability to meet the rapidly growing demand for electricity, including from hyperscale data center and other large customers, and to manage the impacts of such growth on customers and Entergy’s business, or the risk that contracted or expected load growth does not materialize or is not sustained; the effects of technological change, including the costs, pace of development and commercialization of new and emerging technologies, uncertainties and other factors discussed in Entergy’s most recent Annual Report or Form 10-K and subsequent reports and filings made under the Securities Exchange Act of 1934.

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SOURCE Entergy Corporation

Essential Motorcycle Battery Care to Prep Your Motorcycle For Safe Road Trips

CHICAGO, April 9, 2025 /PRNewswire/ — Spring is here, and as temperatures rise, many motorcyclists are eager to embrace the freedom of the outdoors. Riding a motorcycle is the ultimate expression of freedom—cruising open roads, feeling the wind, and experiencing the exhilaration of the journey. Yet nothing destroys that excitement faster than turning the key to find a dead battery, particularly after winter storage. Many riders discover their motorcycles won’t start after extended downtime because their batteries have failed. Responsible battery maintenance is essential to prevent this frustration and ensure your bike is always ready for adventure.

Know Your Motorcycle Battery

Your motorcycle’s battery powers all critical systems. Different battery types require specific maintenance approaches to maximize reliability. The most common motorcycle batteries are lead-acid and lithium-ion. Lead-acid batteries are widely used due to their affordability and dependable performance. Meanwhile, lithium-ion batteries are gaining popularity for their lightweight design, rapid charging, and extended lifespan.

Preventing Battery Drain During Downtime

Modern motorcycles come equipped with electronic systems that can drain a battery even when the bike is idle. Additionally, features like alarms or tracking devices contribute to battery depletion over time. If you ride regularly, your alternator will keep the battery charged. However, if your motorcycle sits unused—especially through winter—you’ll need a quality charger to maintain its health.

The CTEK CT5 POWERSPORT charger is an excellent option for keeping motorcycle batteries fully charged and ready for action. This advanced charger offers three automatic programs: Normal for all lead-acid batteries (including AGM), Lithium for lithium-ion batteries, and Recond to restore deeply discharged lead-acid batteries. The Recond function helps mix battery acid and recover lost energy, ensuring longevity. Once fully charged, the device switches to maintenance mode to prevent overcharging.

Invest in a Battery Maintainer for Long-Term Health

Choosing the right charger is crucial to maintaining your battery’s longevity. Motorcycles are often stored for long periods of time. The CT5 POWERSPORT battery charger provides peace of mind that your battery is charged to capacity and ready to go when you are. The CT5 POWERSPORT has been designed specifically to charge and maintain motorcycle batteries using advanced technology. You can event connect The CT5 Powersport directly to the battery indefinitely, it will not over or undercharge.

To extend the lifespan of your battery, aim to charge it monthly—even during peak riding seasons. This practice keeps battery cells in optimal condition and prevents premature depletion. Neglecting regular charging may lead to reduced performance and the need for an early replacement.

Have Piece of Mind with a Portable Solution

If you’re looking for a portable solution, the CTEK CS FREE® is a great choice. The CS FREE features CTEK Adaptive Boost technology to ensure precise delivery of power and swiftly charge any 12V lead acid or lithium battery, resurrecting a dormant motorcycle battery within 15 minutes without the need for a power outlet. With intuitive LED indicators, the CS FREE keeps riders informed, signaling when their battery is primed for ignition. Moreover, it offers sustained maintenance charging, whether via conventional grid power, solar panels, or a 12V service battery, effectively extending battery lifespan by up to threefold during idle seasons.

The Key to a Reliable Motorcycle Battery

A well-maintained battery ensures that your motorcycle is always ready for your next adventure. Beyond just charging, responsible upkeep involves understanding battery types, choosing the right charger, and adopting a consistent maintenance routine. By taking these steps, you can keep your motorcycle running smoothly and enjoy many more miles of hassle-free riding.

For more information about CTEK, visit www.ctek.com

About CTEK

• Established in Dalarna, Sweden, CTEK is the leading global brand in vehicle charging solutions.
• CTEK offers products ranging from 12V and 24V battery chargers to charging solutions for electrical vehicles. CTEK’s E-mobility solutions range from individual EV chargers to larger corporate and commercial installations with multiple charging stations, that require load balancing and integrate seamlessly with monitoring and payment equipment.
• CTEK’s products are sold via a carefully selected network of global distributors and retailers: as original equipment; supplied to more than 50 of the world’s leading vehicle manufacturers; and through charge point operators, property owners and other organizations/individuals providing EV charging infrastructure.
• CTEK takes pride in its unique culture based on a passion for innovation and a deep commitment to supporting the transition to a greener mobility, by adhering to industry leading ESG standards.

Press Contact:
Michelle Suzuki
310-930-6655

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SOURCE CTEK

APTIM-led team awarded contract to manage and operate the US Department of Energy’s Strategic Petroleum Reserve

BATON ROUGE, La., April 9, 2025 /PRNewswire/ — APTIM and joint venture partner BWX Technologies, Inc. have been awarded a $1.4 billion contract by the US Department of Energy (DOE) to manage and operate the Strategic Petroleum Reserve (SPR), as well as its associated facilities and systems in Louisiana and Texas. The joint venture, known as Strategic Storage Partners, LLC, will assume management and operation of SPR on June 15 for a five-year period with an option for DOE to extend the contract for an additional five years.

“APTIM is honored to serve the DOE, the talented and committed SPR workforce, and the nation as the SPR fulfills its essential mission of protecting our energy and economic security. APTIM and our partner BWX Technologies will bring the experience, resources, and commitment required to deliver,” said Mark Fallon, APTIM CEO and Chairman of the Strategic Storage Partners board of directors.

As the world’s largest supply (714 million barrels) of emergency crude oil, SPR’s mission is to minimize disruptions of US petroleum supplies through emergency stocks and uphold the country’s commitment to the International Energy Program. Federally owned oil stocks are stored in underground salt caverns at four sites along the Gulf Coast in Texas and Louisiana, protecting the US during international oil shortages.

About APTIM

APTIM enhances the quality of the environment, wellbeing of people, resilience of communities, and opportunity for employees to make a difference, not just a living. A leading professional solutions firm, we specialize in environmental, sustainability, resilience, and infrastructure solutions. Our team of experts provide these integrated solutions for forward-thinking government agencies, commercial and industrial clients, and energy customers. Together, we create sustainable and resilient communities for all. Learn more at APTIM.com, and connect with us on LinkedIn, Facebook, Instagram, and X.

About BWXT

At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. A U.S.-based company, BWXT is a Fortune 1000 and Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine and space exploration. With approximately 7,800 employees, BWXT has 14 major operating sites in the U.S., Canada and the U.K. In addition, BWXT joint ventures provide management and operations at a dozen U.S. Department of Energy and NASA facilities. For more information, visit www.bwxt.com. Follow us on LinkedIn,  X, Facebook, and Instagram.

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SOURCE APTIM

Westbank Issues Global Call for Data Centers

SAN JOSE, Calif., April 9, 2025 /PRNewswire/ — Today, Pacific Gas and Electric Company (PG&E) and real estate developer Westbank announced two major milestones in the development of Silicon Valley’s innovative net-zero community. PG&E infrastructure upgrades have begun, and Westbank has launched a global call for data center partners to join the initiative.

Eastdil Secured, a global real estate investment bank, will lead the process of identifying partners who support using data centers to enhance communities.

Westbank’s project will pair three data centers with up to 4,000 residential units to create a sustainable downtown San Jose. Excess heat from the data centers will be harnessed and repurposed through a district energy system to heat and cool surrounding buildings. The plan addresses the growing demand for artificial intelligence (AI)-driven data centers and housing while advancing San Jose’s net-zero goals.

“The Silicon Valley Initiative is about the evolution of energy, housing and AI infrastructure – it will create a more inspiring and sustainable community that demonstrates leadership globally. In PG&E and the City of San Jose, we have found collaborators who share our vision and commitment. We’re looking forward to working together to bring this initiative to life,” said Westbank CEO Ian Gillespie.

On April 8, the San Jose City Council unanimously approved the advancement of the first two data centers, marking a significant step toward their development, with the first data center expected to come online in late 2027.

“Demand for new data centers is off the charts and will enable a more efficient and convenient future for everyone, but convenience doesn’t matter if we destroy the planet in the process,” said San Jose Mayor Matt Mahan. “This innovative partnership will allow us to harness data center demand to build much needed workforce housing and ensure it is powered by excess heat from the data centers. I can’t think of a more creative or important breakthrough for our future than this.”

PG&E has started infrastructure upgrades for delivering approximately 200 megawatts of power to the three data centers. The improvements include rebuilding a key substation and making several transmission interconnection and capacity enhancements that will position San Jose for continued growth and innovation.

“PG&E’s infrastructure projects will have a far-reaching impact beyond the net zero community. They will support San Jose’s new rail service, incoming developments and the electrification of homes and vehicles,” said Michael Medeiros, vice president of South Bay Delivery for PG&E. “These upgrades will help ensure San Jose continues to lead and stay ahead in sustainability.”

The Net Zero community groundbreaking is anticipated for later this Spring, beginning with rehabilitating the ~100-year-old Bank of Italy. The building will include all-electric mechanical, electrical and plumbing systems, as well as new energy-efficient windows. The building will also include 114 residential homes and will integrate into the district energy system.

“This initiative represents a bold new approach to energy, housing and economic transformation. As a key infrastructure partner for California, PG&E is proud to play a pivotal role in this effort—integrating advances in data centers and AI with district energy to build more resilient, low-carbon communities of the future,” said Teresa Alvarado, vice president for PG&E’s South Bay and Central Coast Region.

Additional benefits of the Net Zero Community include:

• Reduced energy bills for businesses and residents by utilizing recycled heat from data centers.
• More efficient use of electricity powering the data centers.
• Decarbonization of buildings connected to the district energy system.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news 

About Westbank

Westbank is a practice dedicated to the creation of inspiring environments, with a body of work that includes residential, hotels, retail, workspace, district energy, affordable housing, exhibitions and public art. The net zero community in San Jose is being developed in partnership by Westbank, Peterson and OPTrust.

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SOURCE Pacific Gas and Electric Company