PR Newswire Archives

Global Absorption Chiller Market to Reach USD 2.98 Billion by 2036 as Waste Heat Utilization and District Cooling Drive Sustainable Cooling Adoption

Posted on April 22, 2026 by sHq_LoGiNz

NEWARK, Del., April 22, 2026 /PRNewswire/ — According to the latest analysis by Future Market Insights, the global absorption chiller market is witnessing steady and structurally significant growth, driven by increasing demand for energy-efficient cooling solutions, expanding district cooling infrastructure, and rising adoption of waste heat recovery systems. As industries and commercial facilities prioritize decarbonization and operational efficiency, absorption chillers are emerging as a strategic alternative to conventional electric cooling technologies.

Get detailed market forecasts, competitive benchmarking, and pricing trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-1584

Quick Stats: Absorption Chiller Market (2026–2036)

Market Size (2026): USD 1.88 Billion
Forecast Value (2036): USD 2.98 Billion
CAGR (2026–2036): 4.7%
Incremental Opportunity: USD 1.10 Billion
Leading Technology Segment: Double-Stage (85.4% share)
Dominant Absorber Type: Lithium Bromide (92.5% share)
Key Growth Regions: India, China, Middle East, North America
Primary Applications: District Cooling, Industrial Process Cooling, Commercial Buildings

Market Size, Forecast & Growth Outlook

The absorption chiller market was valued at USD 1.80 billion in 2025 and is projected to reach USD 1.88 billion in 2026, expanding further to USD 2.98 billion by 2036 at a CAGR of 4.7%.

Growth is primarily fueled by increasing integration of thermal energy systems, where waste heat, solar thermal energy, or cogeneration exhaust is utilized as a low-cost energy source for cooling.

India leads growth with a CAGR of 5.4%, driven by district cooling mandates and industrial energy efficiency initiatives
China follows at 4.6%, supported by infrastructure expansion and energy efficiency targets
Canada (4.2%) and Japan (4.0%) reflect stable adoption in mature markets

This trajectory highlights the market’s transition toward energy-integrated cooling systems that align with global sustainability goals.

Demand Drivers: Decarbonization, Waste Heat Utilization & Regulatory Push

The absorption chiller market is strongly influenced by environmental regulations and energy optimization strategies.

Primary Growth Drivers

Building Energy Efficiency Mandates: Increasing regulatory pressure to reduce energy consumption and carbon emissions
District Cooling Expansion: Rising investments in centralized cooling infrastructure, particularly in high-temperature regions
Waste Heat Recovery Adoption: Industrial facilities leveraging exhaust heat to generate cooling capacity
Low-GWP Refrigerant Transition: Compliance with global agreements promoting eco-friendly refrigerants

Absorption chillers offer a compelling value proposition by utilizing waste heat instead of electricity, significantly reducing operational costs and emissions.

Technology Landscape: Efficiency and Sustainability at the Core

The market is defined by technology configurations optimized for performance and energy utilization:

Double-Stage Absorption Chillers (85.4% share):
Lead the market due to higher efficiency and better performance at elevated temperatures
Lithium Bromide Systems (92.5% share):
Dominate due to superior absorption efficiency and reliability in large-scale applications
Emerging Trend:
Increasing adoption of solar-thermal-driven absorption systems in high-insolation regions

These systems are particularly effective in applications where continuous thermal energy availability aligns with cooling demand.

Supply Chain Dynamics: Integrated Energy Ecosystem

Upstream

Heat source providers (cogeneration systems, industrial exhaust, solar thermal)
Component manufacturers (heat exchangers, pumps, control systems)

Midstream (OEMs)

Key manufacturers include:

Thermax Ltd
Shuangliang Eco-Energy Systems Co. Ltd.
Carrier Corporation
Trane Inc.
Johnson Controls

These companies focus on system integration, efficiency optimization, and lifecycle services.

Downstream

District cooling developers
Industrial facilities
Commercial real estate developers

Pricing Trends & Value Proposition

Absorption chillers operate within a value-based pricing model:

Higher upfront costs compared to electric chillers
Significantly lower lifecycle costs when waste heat is available
Increasing ROI driven by energy savings and regulatory compliance

The key purchasing decision factor is total cost of ownership (TCO) rather than initial capital expenditure.

Access the Complete Report in PDF Format: https://www.futuremarketinsights.com/reports/brochure/rep-gb-1584

Segment Analysis: High-Efficiency Systems Drive Demand

By Technology

Double-stage systems dominate due to superior coefficient of performance
Single-stage systems cater to smaller or lower-temperature applications

By Absorber Type

Lithium bromide leads due to high efficiency and reliability
Ammonia-based systems serve niche industrial applications

By Application

District cooling and commercial buildings lead adoption
Industrial process cooling is a fast-growing segment

Regional Analysis: Growth Anchored in Energy Transition

Asia Pacific (High Growth)

India and China drive demand through infrastructure and industrial expansion
Strong adoption of district cooling and waste heat recovery

North America

Growth supported by data center expansion and sustainability initiatives

Japan

Mature market with established cogeneration infrastructure

Middle East

High adoption driven by extreme climate conditions and district cooling projects

Competitive Landscape: Efficiency, Integration & Service Define Leadership

The market is moderately consolidated, with competition based on:

Efficiency at varying thermal inputs
Integration with district cooling systems
Aftermarket services and maintenance capabilities

Key Players

Thermax Ltd
Shuangliang Eco-Energy Systems Co. Ltd.
Carrier Corporation
Trane Inc.
Johnson Controls

Companies are increasingly investing in R&D, renewable integration, and advanced control systems to enhance competitiveness.

Risks & Market Constraints

High initial capital investment
Complex integration with thermal energy infrastructure
Competition from advanced electric chillers
Maintenance requirements and operational complexity

Investment Opportunities & Future Outlook

The absorption chiller market presents long-term opportunities in:

Solar-powered absorption cooling systems
Industrial waste heat recovery integration
District cooling infrastructure expansion
Smart energy management and hybrid cooling systems

Buy Report: Unlock 360° insights for strategic decision making and investment planning: https://www.futuremarketinsights.com/checkout/1584

Future Outlook (2036)

By 2036, absorption chillers will become a critical component of integrated energy systems, particularly in regions prioritizing decarbonization and energy efficiency. The market will increasingly align with renewable energy integration and circular energy utilization models.

Strategic Takeaway for Decision-Makers

The absorption chiller market is not just an HVAC segment—it is an energy strategy solution. Organizations that integrate cooling systems with thermal energy infrastructure will unlock significant cost and sustainability advantages.

As global industries move toward low-carbon, energy-efficient operations, absorption chillers will play a pivotal role in shaping the future of sustainable cooling.

Adsorption Chillers Market- https://www.futuremarketinsights.com/reports/adsorption-chillers-market

Data Center Chillers Market- https://www.futuremarketinsights.com/reports/data-center-chillers-market

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. Headquartered in Delaware, USA, with a global delivery center in India and offices in the UK and UAE, FMI delivers actionable insights to businesses across industries including automotive, technology, consumer products, manufacturing, energy, and chemicals.

An ESOMAR-certified research organization, FMI provides custom and syndicated market reports and consulting services, supporting both Fortune 1,000 companies and SMEs. Its team of 300+ experienced analysts ensures credible, data-driven insights to help clients navigate global markets and identify growth opportunities.

For Press & Corporate Inquiries
Rahul Singh
AVP – Marketing and Growth Strategy
Future Market Insights, Inc.
+91 8600020075
For Sales – sales@futuremarketinsights.com
For Media – Rahul.singh@futuremarketinsights.com
For web – https://www.futuremarketinsights.com/

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View original content:https://www.prnewswire.com/news-releases/global-absorption-chiller-market-to-reach-usd-2-98-billion-by-2036-as-waste-heat-utilization-and-district-cooling-drive-sustainable-cooling-adoption-302749677.html

SOURCE Future Market Insights

Posted in UncategorizedTagged PR Newswire

Global Absorption Chiller Market to Reach USD 2.98 Billion by 2036 as Waste Heat Utilization and District Cooling Drive Sustainable Cooling Adoption

Posted on April 22, 2026 by sHq_LoGiNz

Get detailed market forecasts, competitive benchmarking, and pricing trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-1584

Quick Stats: Absorption Chiller Market (2026–2036)

Market Size (2026): USD 1.88 Billion
Forecast Value (2036): USD 2.98 Billion
CAGR (2026–2036): 4.7%
Incremental Opportunity: USD 1.10 Billion
Leading Technology Segment: Double-Stage (85.4% share)
Dominant Absorber Type: Lithium Bromide (92.5% share)
Key Growth Regions: India, China, Middle East, North America
Primary Applications: District Cooling, Industrial Process Cooling, Commercial Buildings

Market Size, Forecast & Growth Outlook

The absorption chiller market was valued at USD 1.80 billion in 2025 and is projected to reach USD 1.88 billion in 2026, expanding further to USD 2.98 billion by 2036 at a CAGR of 4.7%.

India leads growth with a CAGR of 5.4%, driven by district cooling mandates and industrial energy efficiency initiatives
China follows at 4.6%, supported by infrastructure expansion and energy efficiency targets
Canada (4.2%) and Japan (4.0%) reflect stable adoption in mature markets

This trajectory highlights the market’s transition toward energy-integrated cooling systems that align with global sustainability goals.

Demand Drivers: Decarbonization, Waste Heat Utilization & Regulatory Push

The absorption chiller market is strongly influenced by environmental regulations and energy optimization strategies.

Primary Growth Drivers

Building Energy Efficiency Mandates: Increasing regulatory pressure to reduce energy consumption and carbon emissions
District Cooling Expansion: Rising investments in centralized cooling infrastructure, particularly in high-temperature regions
Waste Heat Recovery Adoption: Industrial facilities leveraging exhaust heat to generate cooling capacity
Low-GWP Refrigerant Transition: Compliance with global agreements promoting eco-friendly refrigerants

Absorption chillers offer a compelling value proposition by utilizing waste heat instead of electricity, significantly reducing operational costs and emissions.

Technology Landscape: Efficiency and Sustainability at the Core

The market is defined by technology configurations optimized for performance and energy utilization:

Double-Stage Absorption Chillers (85.4% share):
Lead the market due to higher efficiency and better performance at elevated temperatures
Lithium Bromide Systems (92.5% share):
Dominate due to superior absorption efficiency and reliability in large-scale applications
Emerging Trend:
Increasing adoption of solar-thermal-driven absorption systems in high-insolation regions

These systems are particularly effective in applications where continuous thermal energy availability aligns with cooling demand.

Supply Chain Dynamics: Integrated Energy Ecosystem

Upstream

Heat source providers (cogeneration systems, industrial exhaust, solar thermal)
Component manufacturers (heat exchangers, pumps, control systems)

Midstream (OEMs)

Key manufacturers include:

Thermax Ltd
Shuangliang Eco-Energy Systems Co. Ltd.
Carrier Corporation
Trane Inc.
Johnson Controls

These companies focus on system integration, efficiency optimization, and lifecycle services.

Downstream

District cooling developers
Industrial facilities
Commercial real estate developers

Pricing Trends & Value Proposition

Absorption chillers operate within a value-based pricing model:

Higher upfront costs compared to electric chillers
Significantly lower lifecycle costs when waste heat is available
Increasing ROI driven by energy savings and regulatory compliance

The key purchasing decision factor is total cost of ownership (TCO) rather than initial capital expenditure.

Access the Complete Report in PDF Format: https://www.futuremarketinsights.com/reports/brochure/rep-gb-1584

Segment Analysis: High-Efficiency Systems Drive Demand

By Technology

Double-stage systems dominate due to superior coefficient of performance
Single-stage systems cater to smaller or lower-temperature applications

By Absorber Type

Lithium bromide leads due to high efficiency and reliability
Ammonia-based systems serve niche industrial applications

By Application

District cooling and commercial buildings lead adoption
Industrial process cooling is a fast-growing segment

Regional Analysis: Growth Anchored in Energy Transition

Asia Pacific (High Growth)

India and China drive demand through infrastructure and industrial expansion
Strong adoption of district cooling and waste heat recovery

North America

Growth supported by data center expansion and sustainability initiatives

Japan

Mature market with established cogeneration infrastructure

Middle East

High adoption driven by extreme climate conditions and district cooling projects

Competitive Landscape: Efficiency, Integration & Service Define Leadership

The market is moderately consolidated, with competition based on:

Efficiency at varying thermal inputs
Integration with district cooling systems
Aftermarket services and maintenance capabilities

Key Players

Thermax Ltd
Shuangliang Eco-Energy Systems Co. Ltd.
Carrier Corporation
Trane Inc.
Johnson Controls

Companies are increasingly investing in R&D, renewable integration, and advanced control systems to enhance competitiveness.

Risks & Market Constraints

High initial capital investment
Complex integration with thermal energy infrastructure
Competition from advanced electric chillers
Maintenance requirements and operational complexity

Investment Opportunities & Future Outlook

The absorption chiller market presents long-term opportunities in:

Solar-powered absorption cooling systems
Industrial waste heat recovery integration
District cooling infrastructure expansion
Smart energy management and hybrid cooling systems

Buy Report: Unlock 360° insights for strategic decision making and investment planning: https://www.futuremarketinsights.com/checkout/1584

Future Outlook (2036)

Strategic Takeaway for Decision-Makers

As global industries move toward low-carbon, energy-efficient operations, absorption chillers will play a pivotal role in shaping the future of sustainable cooling.

Adsorption Chillers Market- https://www.futuremarketinsights.com/reports/adsorption-chillers-market

Data Center Chillers Market- https://www.futuremarketinsights.com/reports/data-center-chillers-market

About Future Market Insights (FMI)

Logo: https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg

SOURCE Future Market Insights

Posted in UncategorizedTagged PR Newswire

Ampace Spotlights AI-Ready Battery Solutions for Gigascale Infrastructure at DCW Washington 2026

Posted on April 22, 2026 by sHq_LoGiNz

WASHINGTON, April 21, 2026 /PRNewswire/ — Ampace, a global leader in advanced lithium-ion battery technology, is participating in Data Center World 2026 at the Walter E. Washington Convention Center (Booth 206), where active visitor engagement reflected growing industry focus on how power infrastructure must evolve for the AI era.

This year, Ampace is showcasing how battery systems are becoming an increasingly important enabler of gigascale AI infrastructure. From cell-level technologies to system-level deployment, spanning applications from commercial and industrial energy storage to UPS systems, Ampace is presenting solutions designed to help data centers manage rising power volatility, improve resilience, and scale more efficiently.

At the center of the showcase is the PU Series, Ampace’s AI-ready battery platform engineered for the increasingly dynamic conditions of modern compute environments. As AI clusters drive 100kW+ rack densities, millisecond-level load spikes, and frequent workload transitions, conventional backup systems are being asked to do far more than emergency support. Ampace’s PU Series is designed to absorb rapid fluctuations, maintain stable output, and support uninterrupted operation under highly variable AI workloads.

A key highlight of Ampace’s presence this week will be its featured TECH TALK session with Eaton on April 22, from 2:30 PM to 3:15 PM (Room 209ABC), titled Powering Gigascale AI: How Advanced Batteries Stabilize Extreme Training Loads.

The session will bring together shared industry perspectives from Aaron Schott, UPS Sales Manager at Ampace, and Jon Hymel, Product Manager at Eaton, two professionals working closely with hyperscale, colocation, enterprise, and mission-critical customers navigating the next wave of AI infrastructure growth.

Together, the speakers will explore how established UPS architectures and advanced lithium battery systems are increasingly working in tandem to meet the operational realities of AI data centers. The discussion will examine how battery technologies can support real-time load balancing, improve reliability, and help operators prepare for the transition from megawatt-scale campuses to gigawatt-scale compute ecosystems.

Their joint appearance reflects a growing alignment across the power infrastructure ecosystem: scalable AI requires not only more electricity, but smarter coordination between UPS systems, energy storage, and facility operations. As data centers evolve, battery-enabled continuity is becoming a shared priority across technology providers, operators, and infrastructure partners.

Built for demanding AI applications, Ampace’s platform is engineered to respond rapidly during ramp-up and ramp-down events, while maintaining stable operation under continuous partial-load cycling. Its semi-solid cell technology further enhances intrinsic safety by reducing leakage risk and lowering thermal runaway gas generation, while cabinet-level validation under UL 9540A standards reinforces readiness for mission-critical deployments.

At Ampace’s booth, visitors have been exploring how advanced battery systems can help reduce infrastructure oversizing, relieve pressure on grid connections, and improve continuity in facilities originally designed for steady-state demand. The strong response reflects a broader market shift: batteries are no longer viewed only as standby assets, but as active components of modern AI power architecture.

Visit Booth 206 to meet the Ampace team, experience the PU Series on site, and join in-depth discussions on how advanced battery solutions are helping build a more resilient, scalable, and efficient AI infrastructure. On-site specialists are available throughout the show for live demonstrations, technical briefings, and media inquiries.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ampace-spotlights-ai-ready-battery-solutions-for-gigascale-infrastructure-at-dcw-washington-2026-302749593.html

SOURCE Ampace

Posted in UncategorizedTagged PR Newswire

New Report Shows How Regenerative Material Solutions Can Help End Plastic Pollution

Posted on April 22, 2026 by sHq_LoGiNz

LOS ANGELES, April 21, 2026 /PRNewswire/ — Plastic Pollution Coalition (PPC) today released a special report that aims to help educate and guide people toward using nontoxic substitutes for plastic that safeguard ecosystems and human health throughout their entire life cycle, from feedstock to end of life. It explores biobased and regenerative materials; discusses a holistic framework for material evaluation; showcases a few of the most promising biobased feedstocks for global scalability; and calls for a level playing field for regenerative material markets to compete with petroleum-based synthetics.

The report, “MATERIAL SHIFT: A Primer on Regenerative Alternatives to Plastic,” highlights four categories of regenerative materials that are promising replacements for conventional fossil fuel–based plastics: agricultural residues and byproducts, hemp and other bast fibers, mycelium, and seaweed. It concludes with a link to a landing page of innovators using these biomass feedstocks to create and scale next-generation materials to replace plastic.

Download the Report

MATERIAL SHIFT outlines how the effectiveness of these plastic substitutes depends on a variety of factors, some of which are frequently overlooked in Life Cycle Analyses (LCAs), such as feedstock sourcing and comprehensive end-of-life scenarios. The report emphasizes “regeneration,” or the concept of systems capable of sustaining themselves while enhancing the health of their surrounding environments, as a key principle of a circular economy and a critical tool to curbing global plastic pollution.

The report highlights regenerative materials that help transition away from the current linear, “take–make–waste” economy toward a more circular system—one that extends the useful life of the products people use.

Key takeaways:

As single-use plastic packaging is responsible for roughly 40% of global plastic pollution, and 99% of single-use plastic packaging is made from fossil fuels, the demand for biobased packaging products is increasing rapidly to not only mitigate pollution, but to reduce global dependence on gas and oil.
In the transition away from single-use plastic packaging, non-toxic reuse and refill systems must serve as the foundation; however, in applications where such systems are not possible, regenerative materials could fill the need.
True regenerative materials must be biobased, sustainably sourced, and fully biodegradable in natural environments (including home compost and marine conditions) to ensure a net positive impact on ecosystems.
It is critical to assess materials from a holistic, systems view that considers human and ecological health throughout the full life cycle and ensures transparency, ethical production, and the safe return of materials to natural cycles.
Every material has pros and cons; developed incorrectly, some could yield unintended health, environmental, and social impacts, yet be marketed as “sustainable” simply because they are derived from nature.
Systemic economic and political factors keep petroleum-based plastics artificially “cheap” and abundant. Leveling the playing field is essential for regenerative materials to compete at scale and help end global plastic pollution.

“All synthetic materials (plastic from fossil fuels) become pollution, even if they are recovered and recycled. Where durable materials for reuse are not possible, biobased materials are a vital tool in our collective effort to reduce our reliance on plastic and mitigate further harm to human health and our environment. Nature-based solutions exist today, and are already replacing plastic in a wide range of applications, despite lopsided rules that externalize the cost of plastic onto society—making it artificially ‘cheap.’ This report brings these considerations into view and uses a holistic material evaluation framework to rethink how we design materials from the start.”
— Aidan Maguire, Business Partnerships Manager, Plastic Pollution Coalition

“Regenerative materials support the needed transition from our current wasteful and toxic fossil fuel and plastics-based society to the nontoxic plastic-free future centered around refill and reuse. As this new report shows, it is crucial to consider the full life cycle and range of impacts of the materials and products used, from raw material production through manufacturing, use, and disposal.”
— Dianna Cohen, Co-Founder and Chief Visioning Officer, Plastic Pollution Coalition

PRESS CONTACT:
Plastic Pollution Coalition
Erica Cirino, Communications Manager
Press@plasticpollutioncoalition.org
+1(323) 936-3010 x1

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-report-shows-how-regenerative-material-solutions-can-help-end-plastic-pollution-302749519.html

SOURCE Plastic Pollution Coalition

Posted in UncategorizedTagged PR Newswire

New Report Shows How Regenerative Material Solutions Can Help End Plastic Pollution

Posted on April 22, 2026 by sHq_LoGiNz

Download the Report

Key takeaways:

As single-use plastic packaging is responsible for roughly 40% of global plastic pollution, and 99% of single-use plastic packaging is made from fossil fuels, the demand for biobased packaging products is increasing rapidly to not only mitigate pollution, but to reduce global dependence on gas and oil.
In the transition away from single-use plastic packaging, non-toxic reuse and refill systems must serve as the foundation; however, in applications where such systems are not possible, regenerative materials could fill the need.
True regenerative materials must be biobased, sustainably sourced, and fully biodegradable in natural environments (including home compost and marine conditions) to ensure a net positive impact on ecosystems.
It is critical to assess materials from a holistic, systems view that considers human and ecological health throughout the full life cycle and ensures transparency, ethical production, and the safe return of materials to natural cycles.
Every material has pros and cons; developed incorrectly, some could yield unintended health, environmental, and social impacts, yet be marketed as “sustainable” simply because they are derived from nature.
Systemic economic and political factors keep petroleum-based plastics artificially “cheap” and abundant. Leveling the playing field is essential for regenerative materials to compete at scale and help end global plastic pollution.

PRESS CONTACT:
Plastic Pollution Coalition
Erica Cirino, Communications Manager
Press@plasticpollutioncoalition.org
+1(323) 936-3010 x1

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-report-shows-how-regenerative-material-solutions-can-help-end-plastic-pollution-302749519.html

SOURCE Plastic Pollution Coalition

Posted in UncategorizedTagged PR Newswire

FERMI PROVIDES BUSINESS UPDATE

Posted on April 22, 2026 by sHq_LoGiNz

DALLAS, April 21, 2026 /PRNewswire/ — Fermi Inc. (d/b/a Fermi America) (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi America™ (“Fermi” or the “Company”), subsequent to the Company’s announcement of Fermi 2.0 on April 20, 2026, has received significant and positive feedback from multiple potential tenants, the Company’s landlord, the Texas Tech University System, as well as suppliers, vendors, contractors, financing sources, and other partners. The Company is gratified by that feedback and is pursuing Fermi 2.0’s business and leadership objectives with all deliberate speed.

The Company also acknowledges receipt of a letter from Mr. Toby Neugebauer, and has reviewed a press release issued by him, calling for the initiation of a process for the immediate sale of the Company. As Mr. Neugebauer indicated in his press release, he was removed from his position on April, 17, 2026, after careful consideration by the Company’s Board of Directors in accordance with its fiduciary duties. Given recent changes in leadership, which position the Company for its next chapter of growth and evolution from a startup to a scaled enterprise, the Company firmly believes a sale is not in the best interest of its continued momentum on Project Matador, ability to serve potential tenants and long-term value creation for shareholders. The Board, consistent with its fiduciary duties, will carefully review all avenues to maximize shareholder value, which include continued execution of its business plan, strategic investments from third parties, joint ventures or other transactions.

About Fermi America™

Fermi America™ (NASDAQ & LSE: FRMI) (fermiamerica.com) is pioneering the development of next-generation private electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry and Co-Founder and former Co-Managing Partner of Quantum Energy Toby Neugebauer, Fermi America™ combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world’s largest, 17 GW next-generation private HyperGrid campus. Project Matador is expected to integrate the nation’s biggest combined-cycle natural gas project, one of the largest clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to deliver hyperscaler artificial intelligence.

Additional Information and Where to Find It

If the Company determines to hold a special meeting of shareholders, the Company will file a proxy statement on Schedule 14A, an accompanying white proxy card and other relevant documents with the Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies from the Company’s shareholders for such meeting. SHAREHOLDERS OF THE COMPANY ARE STRONGLY ENCOURAGED TO READ THE COMPANY’S DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), IF ANY, AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY, IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and shareholders may obtain a copy of any definitive proxy statement of the Company, an accompanying white proxy card, any amendments or supplements thereto and other documents filed by the Company with the SEC if and when they become available at no charge at the SEC’s website at www.sec.gov. Copies will also be available at no charge in the “SEC Filings” subsection of the Company’s Investor Relations website at https://fermiamerica.com/ or by contacting the Company’s Investor Relations Department at IR@fermiamerica.com, as soon as reasonably practicable after such materials are electronically filed with, or furnished to, the SEC.

Participants in the Solicitation

If the Company determines to hold a special meeting of shareholders, the Company, its directors and certain of its executive officers may be deemed participants in the solicitation of proxies from the Company’s shareholders in connection with matters to be considered at such special meeting of shareholders. Information regarding the direct and indirect interests, by security holdings or otherwise, of the Company’s directors and executive officers is included in the Company’s final prospectus, filed with the SEC on October 1, 2025, the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 30, 2026, and in the Company’s Current Reports on Form 8-K filed with the SEC from time to time. Changes to the direct or indirect interests of the Company’s directors and executive officers are set forth in SEC filings on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4. These documents are available free of charge as described above. Updated information regarding the identities of potential participants and their direct or indirect interests, by security holdings or otherwise, in the Company will be set forth in the definitive proxy statement for the Company’s special meeting of shareholders and other relevant documents to be filed with the SEC, if and when they become available.

Forward-Looking Statements

Statements contained in this press release which are not historical facts, such as those relating to future events, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Fermi undertakes no duty to publicly update or revise such forward-looking information, whether as a result of new information, future events, or otherwise. Investors should consult further disclosures and risk factors included in our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, the Registration Statement on Form S-8 and other documents filed from time to time with the SEC by Fermi.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fermi-provides-business-update-302749474.html

SOURCE Fermi Inc.

Posted in UncategorizedTagged PR Newswire

Illinois American Water Celebrates Earth Day with a Focus on Sustainable Operations & Water Source Protection

Posted on April 21, 2026 by sHq_LoGiNz

Simple Ways to Make Earth Day Every Day

BELLEVILLE, Ill., April 21, 2026 /PRNewswire/ — In recognition of Earth Day, Illinois American Water is highlighting its ongoing commitment to protecting local water resources through environmental stewardship, strategic infrastructure investment and community engagement.

Serving approximately 1.3 million people across Illinois, Illinois American Water works year-round to protect water at its source while delivering safe, reliable service to homes and businesses across the state. From investing in renewable energy and environmentally responsible operations to partnering with educators, farmers and community organizations, the company’s efforts are focused on helping ensure clean water today and for future generations.

“Protecting water starts long before it reaches the tap,” said Rebecca Losli, President of Illinois American Water. “Our employees are committed every day to strengthening infrastructure, safeguarding local waterways and supporting the communities we serve.”

As part of its commitment to sustainable operations, Illinois American Water has invested in renewable energy projects that reduce environmental impact. The solar installations located at its Bradley Water Treatment Plant in Champaign and San Koty Water Treatment Plant in Peoria – with a combined total of over 12,000 solar panels – are projected to offset greenhouse gas emissions equivalent to removing nearly 25,000 cars from the road or conserving more than 13 million gallons of gasoline over 15 years.

In celebration of Earth Day 2026, supporting the theme “Our Power, Our Planet,” Illinois American Water employees across the state are also participating in environmental, educational and industry initiatives that reinforce sustainable practices and water source protection.

Earlier this week, company employees in Peoria partnered with the Sun Foundation’s Clean Water Celebration to teach middle school students how source water is treated to make potable drinking water. Understanding the journey of water from source to treatment to tap is a complex process that requires many steps to help ensure water safety and quality.

The company’s Pontiac Water Treatment Plant recently served as a tour stop for the Farmer-Led Advances in Soil Health “From Tile to Tap” field day. The event highlighted how responsible land management and conservation practices can help protect drinking water sources downstream. Beyond education and outreach Illinois American Water has partnered with farmers to beneficially reuse water treatment residuals and wastewater treatment biosolids rather than sending them to landfills. Since 2016, thousands of tons of these materials have been applied to agricultural fields under strict guidelines designed to protect water quality and support soil health.

These efforts reflect the company’s broader commitment to environmental stewardship and watershed protection in the communities it serves.

Illinois American Water encourages customers to take simple steps at home to help conserve water and protect our vital resource, including fixing leaks, turning off the tap while brushing teeth, running full loads of laundry and dishes, and properly disposing of household items like batteries, paint and unused medications. Illinois American Water reminds customers that Saturday, April 25, is National Prescription Drug Take Back Day, organized by the U.S. Drug Enforcement Administration. Unneeded medications can be safely disposed of at official drop-off locations across the state from 10:00 AM to 2:00 PM, which prevents improper disposal that can negatively impact waterways. Find local drop-off locations and more information at dea.gov/takebackday.

Losli continued, “Small actions can make a big difference. When utilities, communities and customers work together to protect water resources, we help ensure clean and reliable water for future generations.”

For more Earth Day information and resources, visit the U.S. Environmental Protection Agency Earth Day website: epa.gov/earthday.

About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water’s approximately 7,000 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About Illinois American Water
Illinois American Water, a subsidiary of American Water, is the largest regulated water utility in the state with approximately 600 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 1.3 million people. American Water also operates a quality control and research laboratory in Belleville.

View original content to download multimedia:https://www.prnewswire.com/news-releases/illinois-american-water-celebrates-earth-day-with-a-focus-on-sustainable-operations–water-source-protection-302749423.html

SOURCE American Water

Posted in UncategorizedTagged PR Newswire

Nationwide helps deliver professional women’s soccer to Columbus in celebration of the company’s centennial year

Posted on April 21, 2026 by sHq_LoGiNz

COLUMBUS, Ohio, April 21, 2026 /PRNewswire/ — Nationwide today announced that, together with Haslam Sports Group and the Edwards family, it has been awarded a National Women’s Soccer League (NWSL) franchise in Columbus, officially securing a new professional women’s soccer club for Central Ohio. The announcement comes during Nationwide’s 100th anniversary year, marking a milestone moment for both the company and Columbus.

“Nationwide was born in Columbus, and we’ve grown up together over the last 100 years,” said Kirt Walker, Nationwide chief executive officer. “As we prepared to celebrate our centennial, we knew we wanted to do something big to give back to the city that has given us so much. Supporting a new professional women’s sports franchise in Central Ohio was a unique opportunity we just had to embrace.”

The new club is expected to begin play in the 2028 NWSL season at ScottsMiracle-Gro Field in Columbus’ Arena District, sharing a world-class, soccer-specific stadium and fan experience with the Columbus Crew. The project includes a new, women-specific training facility and stadium enhancements including new locker rooms designed for and used by NWSL teams.

“When young athletes in Central Ohio can see women competing at the highest level in their own backyard and see the investment, facilities and visibility match what they see in the men’s game, it sends a powerful message about what’s possible. We’re proud to stand alongside Haslam Sports Group and the Edwards family to help make that a reality in Columbus,” Walker added.

Nationwide has been the exclusive insurance partner of the NWSL since 2021. Through the league partnership, Nationwide and the NWSL have:

Established the Lauren Holiday Impact Award in 2024, recognizing the active NWSL player who exemplifies exceptional service, leadership and character in their community.
Created Experience Nationwide, a paid, immersive and hands-on learning program that provides NWSL players with professional development and business experience to help prepare for careers beyond the pitch.
Expanded local club relationships so that Nationwide now partners with most NWSL teams, deepening ties in local communities and with fans across the country.

Columbus has emerged as a national hub for women’s sports, hosting marquee events and driving significant sports-related economic activity for the region. The addition of an NWSL club will build on that momentum, generating new economic activity and providing another pathway for girls and young women inspired by the global growth of soccer.

“This club is also a celebration of the Columbus Way – public and private partners, businesses and civic leaders and passionate fans all coming together to do something big for our community,” Walker said. “We are grateful to the leaders across the city, county and region whose support helped make this possible. Together, we’re not just adding another team, we’re strengthening the foundation for economic growth and opportunity in Central Ohio.”

Nationwide’s mutual structure allows the company to take a long-term view and invest beyond its core businesses, especially in the communities it calls home. The new club is expected to bring more visitors downtown, support local businesses, create opportunities for neighbors and associates, and help keep the Arena District vibrant year-round. It represents another way Nationwide delivers value for its members while continuing to serve as a long-term community builder in Columbus.

The new NWSL club adds to a broader portfolio of sports relationships for Nationwide that includes sponsorships in the NFL, NWSL, MLS, PGA TOUR and NHL.

About Nationwide
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified financial services and insurance organizations in the United States. Nationwide is rated A+ by Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; and pet, motorcycle and boat insurance.

For more information about Nationwide and Nationwide’s ratings, visit www.nationwide.com or Company Ratings — Nationwide.

Contact:
Emily Buzzard
(614) 249-6349
news@nationwide.com

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SOURCE Nationwide

Posted in UncategorizedTagged PR Newswire

California American Water Celebrates Earth Day With Water Saving Tips

Posted on April 21, 2026 by sHq_LoGiNz

Simple Ways to Make Earth Day Every Day

SAN DIEGO, April 21, 2026 /PRNewswire/ — In recognition of Earth Day, California American Water is highlighting the importance of protecting local water resources through environmental stewardship, strategic infrastructure investment and community engagement.

Serving approximately 720,000 people across California, the company works year-round to protect water at its source while delivering safe, reliable service to homes and businesses across California.

“Protecting water starts long before it reaches the tap,” said Sarah Leeper, President of California American Water. “Our employees are committed every day to strengthening infrastructure, safeguarding local water resources and supporting the communities we serve.”

California American also encourages customers to take simple steps at home that help conserve water and protect this vital resource, including fixing leaks, turning off the tap while brushing teeth, running full loads of laundry and dishes and properly disposing of household items like batteries, paint and unused medications.

For more Earth Day information and resources, visit the U.S. Environmental Protection Agency Earth Day website: epa.gov/earthday.

This Saturday, April 25, is also National Prescription Drug Take Back Day, organized by the U.S. Drug Enforcement Administration. Unneeded medications can be safely disposed of at official drop-off locations across California from 10:00 AM to 2:00 PM. Find local drop-off locations and more information at dea.gov/takebackday.

About California American Water
California American Water, a subsidiary of American Water with approximately 300 dedicated employees, provides safe, clean, reliable and affordable water and wastewater services to approximately 720,000 people.

View original content to download multimedia:https://www.prnewswire.com/news-releases/california-american-water-celebrates-earth-day-with-water-saving-tips-302749327.html

SOURCE American Water

Posted in UncategorizedTagged PR Newswire

California American Water Celebrates Earth Day With Water Saving Tips

Posted on April 21, 2026 by sHq_LoGiNz

Simple Ways to Make Earth Day Every Day

Serving approximately 720,000 people across California, the company works year-round to protect water at its source while delivering safe, reliable service to homes and businesses across California.

For more Earth Day information and resources, visit the U.S. Environmental Protection Agency Earth Day website: epa.gov/earthday.

View original content to download multimedia:https://www.prnewswire.com/news-releases/california-american-water-celebrates-earth-day-with-water-saving-tips-302749327.html

SOURCE American Water

Posted in UncategorizedTagged PR Newswire