Tag: PR Newswire

For the second consecutive year, Miller Children’s & Women’s Hospital has received the
Immunization Friendly Birth Hospital award for continued excellence in protecting vulnerable infants from RSV.

LONG BEACH, Calif., Dec. 22, 2025 /PRNewswire/ — For the second year in a row, Miller Children’s & Women’s Hospital has been recognized by the California Department of Public Health with the prestigious Immunization Friendly Birth Hospital Award for its leadership in infant immunization. The award highlights the hospital’s exceptional work in protecting infants against Respiratory Syncytial Virus (RSV) during the 2024-25 RSV season.

As part of the Vaccines for Children Program, Miller Children’s & Women’s Hospital administered nirsevimab, an injectable monoclonal antibody that prevents severe RSV, to more than 800 eligible infants between October 2024 and March 2025. This proactive immunization effort reduces the risk of life-threatening respiratory infections in infants and young children, providing critical protection against a virus that can lead to serious complications.

“We are deeply honored to receive this recognition from the California Department of Public Health,” says Graham Tse, M.D., chief medical officer, Miller Children’s & Women’s Hospital. “This award reflects the unwavering commitment of our care team to protect the health and well-being of our youngest patients. By prioritizing having nirsevimab available and educating our parents on the benefits of vaccination, we are making meaningful strides in preventing severe RSV and enhancing health outcomes for infants throughout our community.”

Vaccination efforts are critical for the health and safety of infants, especially those born prematurely or with underlying health conditions. Children’s hospitals, like Miller Children’s & Women’s Hospital, play a pivotal role in ensuring that infants receive the preventive care they need during the earliest and most vulnerable stages of life. By providing targeted immunization programs, hospitals can help prevent unnecessary hospitalizations and improve long-term health outcomes. The award highlights Miller Children’s & Women’s Hospital’s ongoing commitment to infant health and safety, further cementing its position as a leader in pediatric care.

The Vaccines for Children Program is a federally funded initiative that provides vaccines to children who might not otherwise have access due to financial or insurance barriers. Programs like this help reduce disparities in healthcare access, ensuring that all infants—regardless of socioeconomic background—can be protected against preventable diseases. Continued support for initiatives like Vaccines for Children is essential to maintaining equitable access to preventive care and safeguarding vulnerable populations from serious infections.

“As a children’s hospital, our mission is to ensure every child has the opportunity to grow up healthy,” says Dr. Tse. “Our involvement in the Vaccines for Children Program underscores the vital role of early prevention in protecting the health of our patients and reducing the impact of serious infections. We are incredibly proud of our team’s dedication and the measurable difference they continue to make in the lives of families throughout our community.”

About Miller Children’s & Women’s Hospital:
Miller Children’s & Women’s Hospital, part of MemorialCare, a not-for-profit, integrated healthcare system, stands as one of only eight free-standing children’s hospitals in California. It is the only hospital in the state to offer the 7D Surgical System for pediatric spine surgery. Treating nearly 13,000 children annually, the hospital has become a regional hub for over 69,000 children who require specialized outpatient care. These services are provided through the Cherese Mari Laulhere Children’s Village Outpatient Center and satellite centers in Torrance, Fountain Valley, and Irvine. With maternal-fetal medicine specialists and neonatologists available around the clock, the hospital ensures comprehensive care for high-risk pregnancies and premature infants. Miller Children’s & Women’s is nationally recognized by U.S. News & World Report as a High Performing Hospital for Maternity Care. Visit millerchildrens.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/miller-childrens–womens-hospital-earns-state-recognition-for-infant-immunization-leadership-302648171.html

SOURCE Miller Children’s & Women’s Hospital

For the second consecutive year, Miller Children’s & Women’s Hospital has received the
Immunization Friendly Birth Hospital award for continued excellence in protecting vulnerable infants from RSV.

LONG BEACH, Calif., Dec. 22, 2025 /PRNewswire/ — For the second year in a row, Miller Children’s & Women’s Hospital has been recognized by the California Department of Public Health with the prestigious Immunization Friendly Birth Hospital Award for its leadership in infant immunization. The award highlights the hospital’s exceptional work in protecting infants against Respiratory Syncytial Virus (RSV) during the 2024-25 RSV season.

As part of the Vaccines for Children Program, Miller Children’s & Women’s Hospital administered nirsevimab, an injectable monoclonal antibody that prevents severe RSV, to more than 800 eligible infants between October 2024 and March 2025. This proactive immunization effort reduces the risk of life-threatening respiratory infections in infants and young children, providing critical protection against a virus that can lead to serious complications.

“We are deeply honored to receive this recognition from the California Department of Public Health,” says Graham Tse, M.D., chief medical officer, Miller Children’s & Women’s Hospital. “This award reflects the unwavering commitment of our care team to protect the health and well-being of our youngest patients. By prioritizing having nirsevimab available and educating our parents on the benefits of vaccination, we are making meaningful strides in preventing severe RSV and enhancing health outcomes for infants throughout our community.”

Vaccination efforts are critical for the health and safety of infants, especially those born prematurely or with underlying health conditions. Children’s hospitals, like Miller Children’s & Women’s Hospital, play a pivotal role in ensuring that infants receive the preventive care they need during the earliest and most vulnerable stages of life. By providing targeted immunization programs, hospitals can help prevent unnecessary hospitalizations and improve long-term health outcomes. The award highlights Miller Children’s & Women’s Hospital’s ongoing commitment to infant health and safety, further cementing its position as a leader in pediatric care.

The Vaccines for Children Program is a federally funded initiative that provides vaccines to children who might not otherwise have access due to financial or insurance barriers. Programs like this help reduce disparities in healthcare access, ensuring that all infants—regardless of socioeconomic background—can be protected against preventable diseases. Continued support for initiatives like Vaccines for Children is essential to maintaining equitable access to preventive care and safeguarding vulnerable populations from serious infections.

“As a children’s hospital, our mission is to ensure every child has the opportunity to grow up healthy,” says Dr. Tse. “Our involvement in the Vaccines for Children Program underscores the vital role of early prevention in protecting the health of our patients and reducing the impact of serious infections. We are incredibly proud of our team’s dedication and the measurable difference they continue to make in the lives of families throughout our community.”

About Miller Children’s & Women’s Hospital:
Miller Children’s & Women’s Hospital, part of MemorialCare, a not-for-profit, integrated healthcare system, stands as one of only eight free-standing children’s hospitals in California. It is the only hospital in the state to offer the 7D Surgical System for pediatric spine surgery. Treating nearly 13,000 children annually, the hospital has become a regional hub for over 69,000 children who require specialized outpatient care. These services are provided through the Cherese Mari Laulhere Children’s Village Outpatient Center and satellite centers in Torrance, Fountain Valley, and Irvine. With maternal-fetal medicine specialists and neonatologists available around the clock, the hospital ensures comprehensive care for high-risk pregnancies and premature infants. Miller Children’s & Women’s is nationally recognized by U.S. News & World Report as a High Performing Hospital for Maternity Care. Visit millerchildrens.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/miller-childrens–womens-hospital-earns-state-recognition-for-infant-immunization-leadership-302648171.html

SOURCE Miller Children’s & Women’s Hospital

• Through employee giving, the dollar value of volunteer service and Duke Energy Foundation matching funds, more than $1 million was invested in the communities the company serves

ST. PETERSBURG, Fla., Dec. 22, 2025 /PRNewswire/ — In 2025, Duke Energy Florida employees once again demonstrated their commitment to strengthening the communities the company serves. Together, their generosity helped drive more than $1 million in community investment through local nonprofit organizations.

From January through November, Duke Energy Florida employees contributed more than $293,000 to causes they care about and volunteered nearly 11,000 hours in the communities where they live and work. The value of those volunteer hours totals more than $380,000. Through Duke Energy Foundation, employee donations and volunteer time were matched with more than $387,000, amplifying the impact even further.

“Caring for our customers is intrinsic to the work Duke Energy employees do every day, so it’s no surprise that they would choose to continue giving back however they can,” said Melissa Seixas, Duke Energy Florida state president. “I’m proud to work alongside these incredibly generous men and women who are living out our company’s core principles, and in turn, creating real, tangible value for the people and communities we serve.”

Throughout the year, Duke Energy Foundation made additional investments across Duke Energy Florida’s 35-county service territory, including $300,000 for climate resiliency initiatives, $789,000 to support colleges and universities, $163,000 in emergency preparedness and resiliency grants and $125,000 in grants to combat food insecurity.

Duke Energy knows customers are feeling higher costs everywhere, and the company is focused on keeping its own costs in check while also connecting customers with practical ways to save and lower their bills. For more information, please visit duke-energy.com/SeasonalSavings. 

Duke Energy Florida
Duke Energy Florida, a subsidiary of Duke Energy, owns 12,300 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida. 

Duke Energy 
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. The company’s electric utilities serve 8.6 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,100 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. 

Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage. 

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition. 

Contact: Aly Raschid
24-Hour: 800.559.3853
X: @DE_AlyRaschid

View original content to download multimedia:https://www.prnewswire.com/news-releases/duke-energy-florida-employees-continue-to-power-meaningful-change-in-2025-302648135.html

SOURCE Duke Energy

DALLAS, Dec. 22, 2025 /PRNewswire/ — EarthX, a leading international environmental nonprofit and media platform, today announced a major new student initiative for Earthx2026, including a free student scholarship program, a new student journalism collaboration with George Washington University, and expanded student-focused programming at its annual Earth Week conference, taking place April 20–22, 2026, in Dallas. The scholarship program is expected to provide financial aid to cover approximately $75,000 in registration fees for eligible students.

The initiative reflects EarthX’s mission to build pragmatic, bipartisan pathways to environmental progress—while equipping the next generation of leaders with access, education, and real-world experience at the intersection of sustainability, policy, finance, and storytelling.

Through the Earthx2026 Student Scholarship Program, currently enrolled undergraduate, graduate, and high school students are eligible to apply for free registration to the EarthX Congress of Conferences. Young professionals who have completed their education within the last two years may apply for a discounted registration, while teachers, professors, and academic leaders are eligible for a special educator rate.

“EarthX has always been about bringing a diversity of voices to the table,” said Peter Simek, CEO of EarthX. “If we want durable environmental solutions, we have to invest early in the people who will shape the next generation of policy, capital, technology, and culture. This program is about access, exposure, and real opportunity.”

Students attending Earthx2026 will have the opportunity to engage directly with global leaders in clean energy, conservation, finance, innovation, and media; participate in curated student networking and mentorship experiences; and explore career pathways across the environmental and sustainability ecosystem.

As part of the student initiative, EarthX also announced a new collaboration with Planet Forward, a nationally recognized environmental journalism program based at GWU’s School of Media and Public Affairs. The partnership will provide students with opportunities to contribute original reporting and storytelling to EarthX’s digital media platforms, amplifying youth voices on environmental solutions and innovation.

Founded in 2009, Planet Forward trains and supports emerging storytellers across disciplines, helping students translate environmental challenges into compelling, solutions-focused narratives for public audiences.

“This collaboration amplifies what Planet Forward does best, equipping students to turn complex environmental challenges into narratives that drive understanding and action. EarthX provides a powerful platform for these distinctive emerging voices to be heard,” said Planet Forward Founding Director Frank Sesno.

Additional student-focused programming at Earthx2026—including curated networking, mentorship opportunities, and student-led sessions—will be announced in the coming months.

For more information about the Earthx2026 Student Scholarship Program and application details, visit earthx.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/earthx-launches-student-scholarship-program-and-new-journalism-collaboration-ahead-of-earthx2026-302648090.html

SOURCE EarthX

• Together with customers, employees and local partners, Duke Energy is making a difference – providing critical energy assistance so families can stay safe and connected during challenging times.

GREENVILLE, S.C., Dec. 22, 2025 /PRNewswire/ — As temperatures drop this holiday season, more families are turning to community resources to make ends meet.

Impact this year: Through the Share the Light Fund®, Duke Energy, its Foundation, customers and employees have contributed more than $670,000 in South Carolina to community agencies this year alone – helping neighbors keep their homes warm and powered when it matters most.

Long-term commitment: Since 2022, more than $11 million has been contributed to nonprofit partners to connect customers in need with assistance nationwide.

What they’re saying

Amanda Dow, Duke Energy Foundation South Carolina director: “Behind every request for help is a story—a family, a friend, a community member working to get through a tough time. Through Share the Light Fund and our local partners, we’re able to support our neighbors in their moment of need.”

Kristi King-Brock, Anderson Interfaith Ministries executive director: “Duke Energy has provided consistent funding to AIM for the last 35 years through the Shine the Light Fund formally known as the Share the Warmth program. This partnership has allowed us to assist thousands of low-income individuals and families with their utility bills. We are so grateful for Duke’s continued investment in our work, allowing us to give Hope and change lives.”

Shelley L. Price, G.R.A.S.P. executive director: “We are incredibly grateful to Duke Energy for their continued partnership and support through the Share the Light Fund. This funding allows GRASP to provide critical assistance to families and individuals who are facing difficult choices between paying for utilities and meeting other basic needs. Partnerships like this strengthen our community and help ensure that no one has to go without essential services during times of hardship.”

How to get help or give back: Customers who need assistance can find local agencies through our Payment Assistance Finder. 

Want to help? You can set up a recurring or one-time contribution to the Share the Light Fund – bringing comfort and connection to those who need it most

Deeper dive: Many homes across the Palmetto State were unable to benefit from weatherization programs because of pre-existing health and safety issues. That’s why Duke Energy and Duke Energy Foundation awarded $125,000 in microgrants in 2025 to South Carolina nonprofits that have programs to help make necessary repairs to enable households to become eligible for energy efficiency improvements. 

• Duke Energy also increased incentives and eligibility for many of its energy efficiency and demand response programs in South Carolina, expanding ways customers can save money and energy. For more information about these programs, visit duke-energy.com/SeasonalSavings.

Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. The company’s electric utilities serve 8.6 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,100 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. 

Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage. 

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition. 

Contact: Catherine Ramirez
24-Hour: 800.559.3853 

View original content to download multimedia:https://www.prnewswire.com/news-releases/duke-energy-partners-with-community-organization-in-south-carolina-to-help-customers-in-need-stay-safe-warm-and-connected-302648042.html

SOURCE Duke Energy

Data reveals dramatic improvements in financial and operational readiness for licensed childcare providers.

WASHINGTON, Dec. 22, 2025 /PRNewswire/ — The Association of Women’s Business Centers (AWBC), in partnership with Stearns Bank, today announced early results from the new WBC Childcare Accelerator Award Program, revealing strong improvements in financial management, business planning, and operational readiness among licensed childcare providers across the first cohort. The program, funded by Stearns Bank’s $875,000 contribution, launched in Summer 2025 through seven Women’s Business Center hubs and is already demonstrating how targeted business support can strengthen childcare infrastructure nationwide.

Initial impact data from a sample set of 28 participants shows that 67 percent adopted new financial tracking tools or systems to better manage their business finances after completing the Accelerator. The proportion of participants with a written business plan increased from 42 percent to 85 percent, with nearly half developing or adopting a new plan during the program. Providers also reported major improvements in operational budgeting, with the share using a monthly operating budget rising from 34 percent to 84 percent and half establishing a new budgeting process. Despite these gains, the majority of participants, 84 percent, expect to need additional funding soon to support program growth, facility upgrades, or new equipment, underscoring the continued need for investment in childcare businesses nationally.

“These early results confirm what our network has long recognized: when childcare providers have access to tailored training, trusted advisors, and flexible capital, their businesses strengthen quickly and meaningfully,” said Corinne Goble, CEO of AWBC. “Stearns Bank’s investment is helping address one of the most critical gaps in the childcare ecosystem, and we’re already seeing the ripple effect across communities.” Kelly Skalicky, CEO of Stearns Bank, added, “At Stearns Bank, we understand the vital role childcare providers—of all sizes—play in strengthening and uplifting their local communities through essential family care services. We’re proud to be working alongside the AWBC to provide meaningful resources for childcare providers serving local communities across the U.S.”

Participants also shared powerful reflections on their experiences in the program. One provider noted, “The program helped me turn my small home daycare into a more organized and confident business. I learned how to manage my finances better, plan for growth, and connect with other childcare providers who inspire me every day.”

The Childcare Accelerator Program is being delivered through the Center for Rural Affairs Women’s Business Center in Nebraska; the Center for Women’s Entrepreneurship at Chatham University in Pennsylvania; El Pájaro Women’s Business Center in California; the National Association for Family Child Care in Washington, D.C.; the North Dakota Women’s Business Center – East; Women’s Economic Ventures in California; and WomenVenture in Minnesota. Each hub provides hands-on training, personalized technical assistance, and financial guidance to help local childcare providers strengthen their businesses and expand access to high-quality childcare in their communities.

The program comes at a critical moment for the childcare sector, which continues to face staffing shortages, rising costs, thin operating margins, and limited access to capital, all of which constrain providers’ ability to meet growing demand. The Accelerator’s early impact demonstrates how targeted resources and structured business support can improve long-term sustainability and strengthen the childcare backbone that working families rely on. Participants will continue receiving technical assistance through their local Women’s Business Centers and will be reassessed in six months to evaluate progress toward the program’s ultimate goal of expanding access to high-quality childcare in their communities.

About the Association of Women’s Business Centers (AWBC)
The Association of Women’s Business Centers (AWBC) is the leading national voice and resource for igniting the economic power of women’s entrepreneurship. AWBC advocates for and supports a network of over 150 Women’s Business Centers (WBCs) across the United States. These centers provide entrepreneurs with free coaching, networking opportunities, small business resources, training, and more. AWBC’s mission is to ensure that small business owners have the tools and support they need to succeed in business and contribute to the broader economy.

In partnership with Verizon, TikTok, and other corporate allies, AWBC expands access to digital readiness and upskilling programs, as well as national initiatives including HOPE2Women.org, VeteranStartup.org, and Biz2Grow.org.

About Stearns Bank
Stearns Bank National Association is a majority women-owned and governed financial services institution committed to empowering entrepreneurs, small businesses, and local communities to reach their full financial potential. As a privately held, employee-owned institution, Stearns Bank offers a wide array of national products and services and is regularly recognized as one of the nation’s highest-performing banks and “Best Banks to Work For” by American Banker. Member FDIC. Equal Housing Lender. Learn more at www.StearnsBank.com.

Media Contact:
Laura Henson
HVM Communications
917-539-7812
406707@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-association-of-womens-business-centers-and-stearns-bank-celebrate-initial-success-of-childcare-accelerator-program-302647406.html

SOURCE The Association of Women’s Business Centers (AWBC)

Data reveals dramatic improvements in financial and operational readiness for licensed childcare providers.

WASHINGTON, Dec. 22, 2025 /PRNewswire/ — The Association of Women’s Business Centers (AWBC), in partnership with Stearns Bank, today announced early results from the new WBC Childcare Accelerator Award Program, revealing strong improvements in financial management, business planning, and operational readiness among licensed childcare providers across the first cohort. The program, funded by Stearns Bank’s $875,000 contribution, launched in Summer 2025 through seven Women’s Business Center hubs and is already demonstrating how targeted business support can strengthen childcare infrastructure nationwide.

Initial impact data from a sample set of 28 participants shows that 67 percent adopted new financial tracking tools or systems to better manage their business finances after completing the Accelerator. The proportion of participants with a written business plan increased from 42 percent to 85 percent, with nearly half developing or adopting a new plan during the program. Providers also reported major improvements in operational budgeting, with the share using a monthly operating budget rising from 34 percent to 84 percent and half establishing a new budgeting process. Despite these gains, the majority of participants, 84 percent, expect to need additional funding soon to support program growth, facility upgrades, or new equipment, underscoring the continued need for investment in childcare businesses nationally.

“These early results confirm what our network has long recognized: when childcare providers have access to tailored training, trusted advisors, and flexible capital, their businesses strengthen quickly and meaningfully,” said Corinne Goble, CEO of AWBC. “Stearns Bank’s investment is helping address one of the most critical gaps in the childcare ecosystem, and we’re already seeing the ripple effect across communities.” Kelly Skalicky, CEO of Stearns Bank, added, “At Stearns Bank, we understand the vital role childcare providers—of all sizes—play in strengthening and uplifting their local communities through essential family care services. We’re proud to be working alongside the AWBC to provide meaningful resources for childcare providers serving local communities across the U.S.”

Participants also shared powerful reflections on their experiences in the program. One provider noted, “The program helped me turn my small home daycare into a more organized and confident business. I learned how to manage my finances better, plan for growth, and connect with other childcare providers who inspire me every day.”

The Childcare Accelerator Program is being delivered through the Center for Rural Affairs Women’s Business Center in Nebraska; the Center for Women’s Entrepreneurship at Chatham University in Pennsylvania; El Pájaro Women’s Business Center in California; the National Association for Family Child Care in Washington, D.C.; the North Dakota Women’s Business Center – East; Women’s Economic Ventures in California; and WomenVenture in Minnesota. Each hub provides hands-on training, personalized technical assistance, and financial guidance to help local childcare providers strengthen their businesses and expand access to high-quality childcare in their communities.

The program comes at a critical moment for the childcare sector, which continues to face staffing shortages, rising costs, thin operating margins, and limited access to capital, all of which constrain providers’ ability to meet growing demand. The Accelerator’s early impact demonstrates how targeted resources and structured business support can improve long-term sustainability and strengthen the childcare backbone that working families rely on. Participants will continue receiving technical assistance through their local Women’s Business Centers and will be reassessed in six months to evaluate progress toward the program’s ultimate goal of expanding access to high-quality childcare in their communities.

About the Association of Women’s Business Centers (AWBC)
The Association of Women’s Business Centers (AWBC) is the leading national voice and resource for igniting the economic power of women’s entrepreneurship. AWBC advocates for and supports a network of over 150 Women’s Business Centers (WBCs) across the United States. These centers provide entrepreneurs with free coaching, networking opportunities, small business resources, training, and more. AWBC’s mission is to ensure that small business owners have the tools and support they need to succeed in business and contribute to the broader economy.

In partnership with Verizon, TikTok, and other corporate allies, AWBC expands access to digital readiness and upskilling programs, as well as national initiatives including HOPE2Women.org, VeteranStartup.org, and Biz2Grow.org.

About Stearns Bank
Stearns Bank National Association is a majority women-owned and governed financial services institution committed to empowering entrepreneurs, small businesses, and local communities to reach their full financial potential. As a privately held, employee-owned institution, Stearns Bank offers a wide array of national products and services and is regularly recognized as one of the nation’s highest-performing banks and “Best Banks to Work For” by American Banker. Member FDIC. Equal Housing Lender. Learn more at www.StearnsBank.com.

Media Contact:
Laura Henson
HVM Communications
917-539-7812
406707@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-association-of-womens-business-centers-and-stearns-bank-celebrate-initial-success-of-childcare-accelerator-program-302647406.html

SOURCE The Association of Women’s Business Centers (AWBC)

• Transaction Entered into with Solar Advocate Development for the Sale and Construction of Three Solar Power Projects in New York State

• Three Community Solar Projects Totaling 16.87 MW; Strategic Sale Fuels Independent Power Producer Expansion

^{This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated June 5, 2025 to its short form base shelf prospectus dated May 7, 2025.}

TORONTO, Dec. 22, 2025 /PRNewswire/ – PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) (“PowerBank” or the “Company“), a leader in North American energy infrastructure development and asset ownership, today announced the sale of its Elmira, Jordan Road 1, and Jordan Road 2 solar power projects (the “Projects“) to Solar Advocate Development LLC (the “Owner”). The transaction, valued at approximately $41 million USD, includes PowerBank’s continued engagement to construct the Projects through to commercial operation. The three community solar projects represent a combined generation capacity of 16.87 MW.

Dr. Richard Lu, CEO of PowerBank, commented: “This transaction represents a pivotal moment in PowerBank’s evolution. Since 2018, we have built a trusted partnership with Solar Advocate Development, and these three projects mark our eleventh successful collaboration. What makes this particularly strategic is our ability to capitalize on accelerated construction timelines created by the One Big Beautiful Bill Act. While our core focus remains building our Independent Power Producer portfolio for long-term value creation, we’re selectively monetizing development assets where market conditions are optimal. This transaction exemplifies that strategy—converting development expertise into immediate capital that directly funds our IPP growth trajectory. It’s a win-win: our partner gets high-quality community solar projects, and we reinvest the proceeds to expand our owned-and-operated asset base.”

Transaction Highlights

The transaction demonstrates PowerBank’s comprehensive development capabilities and deepening market presence in New York State’s renewable energy sector. Key highlights include:

• Total Transaction Value: Approximately $41 million USD, encompassing both project sale and construction services
• Combined Capacity: 16.87 MW across three strategically located community solar installations
• Development Milestones Achieved: Completed interconnection agreements with utility partners and secured permits from local authorities
• NYSERDA Eligibility: Projects positioned to qualify for New York State Energy Research and Development Authority NY-Sun Program incentives
• EPC Contract Engineering, procurement, and construction (“EPC”) agreements executed December 19, 2025, with PowerBank delivering turnkey solutions to commercial operation

Strategic Rationale and Market Context

This transaction reflects PowerBank’s balanced approach to value creation in the rapidly evolving renewable energy landscape. The passage of the One Big Beautiful Bill Act has created accelerated timelines for solar project development, enabling PowerBank to strategically monetize select shovel-ready assets while maintaining focus on its core objective to expand its portfolio as an Independent Power Producer.

The Projects are being constructed as ground-mount solar installations serving the community solar market—a high-growth segment providing clean energy access to residential and small business customers who cannot install on-site solar. As community solar projects, these facilities will deliver renewable electricity benefits to multiple subscribers within their local utility service territories.

PowerBank’s ongoing partnership with Solar Advocate Development, now spanning seven years and eleven announced or completed projects, underscores the Company’s reputation for delivering high-quality, permitted, and interconnected solar assets. The net proceeds from this and similar strategic sales directly support PowerBank’s expansion of its owned IPP portfolio, creating a sustainable capital recycling model.

There are several risks associated with the development of the Projects. The development of any project is subject to the continued availability of third-party financing arrangements for the Owner and the risks associated with the construction of a solar power project. Each EPC agreement includes a corresponding guarantee agreement entered into between Owner and the Company that provides that the Owner shall have, if it is not satisfied with its due diligence, the absolute and unconditional right to sell, transfer, convey or assign the Project back to the Company (“Sell-Back Right”) without incurring any further liabilities by providing written notice to Company at any time within 60 days of December 19, 2025. If any EPC agreement is terminated, the Company will not achieve the transaction value and will required to return any funds that have been received associated with the terminated Project. In addition, governments may revise, reduce or eliminate incentives and policy support schemes for solar power, which could result in future projects no longer being economic. Please refer to “Forward-Looking Statements” for additional discussion of the assumptions and risk factors associated with the statements in this press release.

About PowerBank Corporation

PowerBank Corporation is a North American renewable energy developer and independent power producer specializing in distributed solar and Battery Energy Storage System (BESS) projects across Canada and the United States. The Company’s integrated business model encompasses project development, construction management, and long-term asset ownership, serving utility, commercial, industrial, municipal, and residential off-takers.

PowerBank’s diversified portfolio strategy spans multiple leading North American markets and includes utility-scale projects, host off-taker arrangements, community solar installations, and virtual net metering programs. The Company has successfully developed and constructed renewable energy projects exceeding 100 megawatts of combined capacity and maintains a robust development pipeline of over one gigawatt of potential future projects.

To learn more about PowerBank Corporation and its commitment to accelerating the clean energy transition, please visit www.powerbankcorp.com.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements and forward-looking information ‎within the meaning of Canadian securities legislation (collectively, “forward-looking ‎statements”) that relate to the Company’s current expectations and views of future events. ‎Any statements that express, or involve discussions as to, expectations, beliefs, plans, ‎objectives, assumptions or future events or performance (often, but not always, through the ‎use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will ‎continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, ‎‎”projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be ‎forward-looking statements and may involve estimates, assumptions and uncertainties ‎which could cause actual results or outcomes to differ materially from those expressed in ‎such forward-looking statements. In particular and without limitation, this news release ‎contains forward-looking statements pertaining to the Company’s expectations regarding its industry trends and overall market growth; the Company’s growth strategies the expected energy production from the solar power projects mentioned in this press release; the expected value of the EPC agreements; the reduction of carbon emissions; and the Company’s development pipeline. No assurance ‎can be given that these expectations will prove to be correct and such forward-looking ‎statements included in this news release should not be unduly relied upon. These ‎statements speak only as of the date of this news release.‎

Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. In making the forward looking statements included in this news release, the Company has made various material assumptions, including but not limited to: that the Owner will not exercise the Sell-Back Right; obtaining the necessary regulatory approvals; that regulatory requirements will be maintained; general business and economic conditions; the Company’s ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; the Company’s ability to attract and retain skilled staff; market competition; the products and services offered by the Company’s competitors; that the Company’s current good relationships with its service providers and other third parties will be maintained; and government subsidies and funding for renewable energy will continue as currently contemplated. Although the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and the Company cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements.

Whether actual results, performance or achievements will conform to the Company’s expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under “Forward-‎Looking Statements” and “Risk ‎Factors” in the Company’s most recently completed Annual Information Form, and other public filings of the Company, which include: the Owner may exercise the Sell-Back Right and require the Company to reacquire any of the Projects and return the related funds received; the Company may be adversely affected by volatile solar power market and industry conditions; the execution of the Company’s growth strategy depends upon the continued availability of third-party financing arrangements; the Company’s future success depends partly on its ability to expand the pipeline of its energy business in several key markets; governments may revise, reduce or eliminate incentives and policy support schemes for solar and battery storage power; general global economic conditions may have an adverse impact on our operating performance and results of operations; the Company’s project development and construction activities may not be successful; developing and operating solar Project exposes the Company to various risks; the Company faces a number of risks involving Power Purchase Agreements (“PPAs”) and project-level financing arrangements; any changes to the laws, regulations and policies that the Company is subject to may present technical, regulatory and economic barriers to the purchase and use of solar power; the markets in which the Company competes are highly competitive and evolving quickly; an anti-circumvention investigation could adversely affect the Company by potentially raising the prices of key supplies for the construction of solar power projects; foreign exchange rate fluctuations; a change in the Company’s effective tax rate can have a significant adverse impact on its business; seasonal variations in demand linked to construction cycles and weather conditions may influence the Company’s results of operations; the Company may be unable to generate sufficient cash flows or have access to external financing; the Company may incur substantial additional indebtedness in the future; the Company is subject to risks from supply chain issues; risks related to inflation and tariffs; unexpected warranty expenses that may not be adequately covered by the Company’s insurance policies; if the Company is unable to attract and retain key personnel, it may not be able to compete effectively in the renewable energy market; there are a limited number of purchasers of utility-scale quantities of electricity; compliance with environmental laws and regulations can be expensive; corporate responsibility may adversely impose additional costs; the future impact of any global pandemic on the Company is unknown at this time; the Company has limited insurance coverage; the Company will be reliant on information technology systems and may be subject to damaging cyberattacks; the Company may become subject to litigation; there is no guarantee on how the Company will use its available funds; the Company will continue to sell securities for cash to fund operations, capital expansion, mergers and acquisitions that will dilute the current shareholders; and future dilution as a result of financings.

The Company undertakes no obligation to update or revise any ‎forward-looking statements, whether as a result of new information, future events or ‎otherwise, except as may be required by law. New factors emerge from time to time, and it ‎is not possible for the Company to predict all of them, or assess the impact of each such ‎factor or the extent to which any factor, or combination of factors, may cause results to ‎differ materially from those contained in any forward-looking statement. Any forward-‎looking statements contained in this news release are expressly qualified in their entirety by ‎this cautionary statement.‎

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SOURCE PowerBank Corporation

NASHVILLE, Tenn., Dec. 22, 2025 /PRNewswire/ — Jay Walker, Founder and CEO of REVIVE, today announced that The Jay Walker Show has been officially named the flagship anchor program of the network, airing daily from 8:00–9:00 p.m. ET (7:00–8:00 p.m. CT) on REVIVE. The announcement comes as REVIVE expands distribution and is now live in Spectrum homes, bringing the creator-first network to audiences through traditional television access alongside streaming and digital.

In addition to the nightly TV hour, The Jay Walker Show will continue releasing daily across all major audio podcast platforms through AUDIO ONE, giving audiences the flexibility to watch nightly or listen on-demand wherever they get podcasts.

“REVIVE is my network — and I built it for this era,” said Jay Walker, Founder & CEO of REVIVE and host of The Jay Walker Show. “I’m excited to be back on TV daily because people are tired of the noise and the made-for-TV nonsense. This show is about bringing common sense back, addressing the issues that really matter, and putting the conversation where it belongs — with the people.”

The Jay Walker Show is known for high-impact interviews, sharp cultural commentary, and real-time response to the stories driving the day. The program has featured major voices and cultural icons including Mo’Nique, D.L. Hughley, Steve Harvey, Keith Sweat, Tamela Mann, Doug Jones, and more, spanning entertainment, community leadership, faith, politics, and culture.

As REVIVE’s flagship anchor hour, The Jay Walker Show will serve as the nightly front door to the network’s broader content strategy: live news, original entertainment, and interactive programming created and curated by Jay Walker. REVIVE blends traditional entertainment with citizen journalism to deliver balanced, engaging content that puts viewers at the center of the conversation — elevating community perspectives, real-time feedback, and storytelling that reflects what audiences are actually living through.

Where to listen to The Jay Walker Show (Audio via AUDIO ONE):
Apple Podcasts: https://podcasts.apple.com/us/podcast/the-jay-walker-show/id1832337764
Spotify: https://open.spotify.com/show/2tOoUbGBbyyyKM6wgqb2ht

Where to watch:
REVIVE — Daily, 8:00–9:00 p.m. ET / 7:00–8:00 p.m. CT (now live in Spectrum homes)

About REVIVE
REVIVE is a next-generation network headquartered in the Nashville area, built for podcast creators and audiences who live in real conversation. Founded by Jay Walker, REVIVE features live news, original entertainment, and interactive programming that blends traditional media with citizen journalism — delivering balanced, engaging content that informs, entertains, and keeps viewers at the center of the conversation.

About Revive Media Co.
Revive Media Co. is Jay Walker’s latest media venture, launched in 2025 from the Nashville area. The multiplatform company combines traditional entertainment programming with live news, citizen journalism, and immersive viewer experiences. Through its national broadcasting network, streaming platform, and forthcoming app, Revive Media enables creators and community members to share stories while delivering curated content to audiences nationwide. Building on Walker’s decade-long presence in television and media, Revive Media Co. is committed to balanced, purpose-driven programming that informs, empowers, and engages viewers.

Media Contact
Khali West
Press & Public Relations
kwest@woahrae.com 

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SOURCE REVIVE MEDIA CO

Beko has secured its first sustainability-linked loan to expand renewable energy capacity, strengthen earthquake resilience, and promote next-generation eco-efficient appliances and diversity, with sustainability targets tied to emission reduction and increased women’s representation.

ISTANBUL, Dec. 22, 2025 /PRNewswire/ — Beko, the leading global home appliance company, has signed a €100 million sustainability-linked loan with IFC, a member of the World Bank Group. Marking Beko’s first sustainability-linked loan, the agreement reinforces the company’s commitment to integrating sustainability across its value chain and driving innovation in energy-efficient technologies.

IFC is the world’s largest development institution focused on the private sector in emerging markets. The newly secured financing will facilitate the ongoing operation of Beko’s two solar power plants dedicated to renewable energy use and strengthen six production facilities which will improve resilience against potential earthquake damage. The loan will also accelerate Beko’s global research and development (R&D) into digitalization and the creation of smart, resource-efficient, and health-focused appliances, supporting sustainable living worldwide.

This five-year financing, structured in accordance with the company’s Sustainability-Linked Financing Framework, includes the company’s 2030 targets to reduce greenhouse gas emissions and strengthen gender diversity within the workforce; reflecting IFC’s focus on inclusive and climate-resilient growth.

“The sustainability-linked loan with IFC marks yet another important milestone in our journey toward building a net-zero future,” said Barış Alparslan, Chief Financial Officer of Beko. “By investing in renewable energy, earthquake resilience, and R&D for smarter, more efficient products, we’re strengthening our ability to meet global sustainability expectations while continuing to deliver value to our customers and communities worldwide. Beko is proud to deepen its collaboration with IFC as we scale innovation that respects the world and is respected worldwide.”

“Our investment in Beko underscores the importance of building resilient infrastructure and advancing R&D to ensure the long-term competitiveness and sustainability of the region’s manufacturing sector,” said Ashruf Megahed, IFC Regional Industry Head for Manufacturing, Agribusiness and Services in the Middle East and Central Asia. “By working with leading companies like Beko, we want to drive economic resilience and create jobs, generating positive effects for the wider economy.”

ABOUT BEKO  

Beko is an international home appliance company with a strong global presence, operating through subsidiaries in more than 55 countries with a workforce of over 50,000 employees and production facilities spanning multiple regions—including Europe, Asia, Africa, and the Middle East. Beko has 22 brands owned or used with a limited license (Arçelik, Beko, Whirlpool*, Grundig, Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy, Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel, Bauknecht, Privileg, Altus, Ignis, Polar). Beko became the largest white goods company in Europe with its market share (based on volumes) and reached a consolidated turnover of 10.6 billion Euros in 2024. Beko’s 28 R&D and Design Centers & Offices across the globe are home to over 2,300 researchers and hold more than 4,500 international registered patent applications to date. The company has achieved the highest score in the S&P Global Corporate Sustainability Assessment (CSA) in the DHP Household Durables industry for the seventh consecutive year (based on the results dated 16 October 2025) and has been included in the Dow Jones Sustainability Indices for the eighth consecutive year.** The company has been recognized as the 17^th most sustainable company on TIME Magazine and Statista’s 2025 list of the World’s Most Sustainable Companies. Beko’s vision is ‘Respecting the World, Respected Worldwide.’  

www.bekocorporate.com  

*Licensee limited to certain jurisdictions.  
**The data presented belongs to Arçelik A.Ş., a parent company of Beko.  

lAbout IFC

IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing economies. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions, leveraging private sector innovation and investment to help create a world free of poverty on a livable planet.
www.ifc.org

 

Photo – https://mma.prnewswire.com/media/2849756/BEKO_Chief_Finance_Officer.jpg
Logo – https://mma.prnewswire.com/media/2765641/Beko_Logo_Corporate.jpg

 

 

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SOURCE Beko