Tag: PR Newswire

DELRAY BEACH, Fla., Aug. 23, 2025 /PRNewswire/ — The global containerized BESS market is projected to grow from USD 13.87 billion in 2025 to USD 35.82 billion by 2030, at a CAGR of 20.9% according to a new report by MarketsandMarkets™. This robust growth is fueled by the increasing integration of renewable energy sources, rising demand for grid flexibility, and the need for reliable backup power across residential, commercial, and utility sectors. Containerized BESS offers a modular, scalable, and rapidly deployable solution that addresses key challenges associated with intermittent solar and wind power, peak load management, and energy security. As global focus intensifies on decarbonization, grid modernization, and electrification, containerized BESS is emerging as a key enabler of the clean energy transition. Supportive policies, renewable integration mandates, and large-scale utility investments are expected to sustain market momentum through the end of the decade.

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Browse in-depth TOC on “Containerized Battery Energy Storage System (BESS) Market” 

160 – Tables
60 – Figures
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Containerized Battery Energy Storage System (BESS) Market Scope:

 

The advanced lead-acid battery type is estimated to account for a significant market share in the containerized BESS market during the forecast period

Advanced lead-acid batteries are expected to secure a significant share of the containerized BESS market, particularly in cost-sensitive and short-duration applications. While lithium-ion batteries dominate due to their high energy density and longer cycle life, advanced lead-acid technologies, such as absorbed glass mat (AGM) and gel batteries, offer compelling advantages in terms of lower upfront cost, proven safety, and ease of recycling. These attributes make them especially attractive for applications where budget constraints, thermal stability, and robust cycling under moderate loads are prioritized. In containerized BESS deployments, advanced lead-acid batteries are often utilized in microgrids, telecom infrastructure, rural electrification, and backup power systems across both developing and developed markets. Their mature supply chain, compatibility with standard power electronics, and reduced cooling requirements further enhance their value proposition in regions with limited technical support or extreme climate conditions. Their durability, safety, and recyclability position them as a key complement to lithium-ion systems, ensuring they continue to hold a notable share in the evolving containerized BESS landscape.

The 1,000–5,000 kWh segment is set to capture the largest market share in the forecast period

The 1,000–5,000 kWh capacity segment is estimated to capture the largest market share in the containerized BESS market, driven by its optimal balance between energy capacity, cost-efficiency, and operational flexibility. This range is ideally suited for a wide variety of applications across the commercial, industrial, and utility sectors, including peak shaving, load shifting, backup power, and renewable energy integration. Containerized BESS units in this capacity range are often deployed in 20-foot and 40-foot containers, offering modularity, scalability, and ease of transportation. Their size makes them well-suited for mid-scale projects such as EV charging hubs, microgrids, manufacturing facilities, and municipal substations, where higher capacity is required but space and budget constraints still apply.

Additionally, the growing adoption of solar-plus-storage systems in commercial and industrial applications is accelerating demand for this segment, as it allows for effective energy management and cost savings without overinvestment. With the increasing focus on decentralization, energy resilience, and grid flexibility, the 1000–5000 kWh segment is emerging as the most versatile and commercially attractive capacity range in the containerized BESS market.

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Europe is positioned to retain a significant market share throughout the forecast period.

Europe is expected to maintain a substantial share of the global containerized BESS industry throughout the forecast period, driven by ambitious climate policies, stringent emissions regulations, and a growing need for grid modernization. The region’s strong push toward decarbonization, backed by initiatives such as the European Green Deal and Fit for 55, has accelerated the integration of renewable energy and the deployment of advanced storage solutions to stabilize the grid. Containerized BESS offers a modular and scalable format that aligns well with Europe’s urban energy projects, renewable co-location sites, and cross-border energy balancing needs.

Several countries across Europe are investing heavily in localized battery manufacturing and energy storage infrastructure, supported by frameworks like the European Battery Alliance, aimed at reducing reliance on imports and reinforcing supply chain resilience. The rise of electric vehicles, coupled with the electrification of industries and buildings, is also increasing the demand for flexible energy storage to manage intermittent generation and peak loads. With a mature regulatory environment, high renewable penetration, and advanced R&D in battery technologies and recycling, Europe is well-positioned to remain at the forefront of the containerized BESS market through 2030 and beyond.

Major companies operating in the containerized BESS companies are Tesla (US), CATL (China), BYD (China), Honeywell International, Inc. (US), and Eaton (Ireland).

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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

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MarketsandMarkets™ INC.
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SOURCE MarketsandMarkets

BEIJING, Aug. 23, 2025 /PRNewswire/ — Chinese innovation brand ASTRAUX is set to host its Global Launch Event on September 4, 2025, in Berlin, unveiling three groundbreaking products at IFA 2025:

ASTRAUX Micro Smart EV AL series: ASTRAUX’s new micro electric vehicle is designed to meet the demands of urban mobility and appeal to all generations. Certified under the EU’s L6e/L7e categories, it can be legally driven from the age of 14 in certain European countries—bringing new freedom and fun to city transport.

Visually, the vehicle stands out with a highly original design concept: oversized circular headlights, a panoramic sunroof, and a 360° viewing layout that blends bold personality with enhanced safety. Inside, it offers in-car karaoke and ambient lighting, while externally it is equipped with a drone—transforming it from a simple car into a mobile entertainment hub.

At the launch event, ASTRAUX will also unveil two additional innovations: the AI-powered companion robot Aimon and the AI sunglasses, marking the brand’s latest step in lifestyle-driven smart technology.

Designed for all generation, ASTRAUX brings a new philosophy of “Joy for All”, merging style, technology, and affordability. This cross-category launch marks a bold step into smart mobility, emotional companionship, and wearable AI experiences.

Limited-Time Offer — Starting today until September 6, 24:00 CET, reserve any product for just €9.9 with a full refund available until November 10:

ASTRAUX AL7 Early Bird price: €7,990 (Reg. €8,990)

ASTRAUX AL6 Early Bird price: €5,990 (Reg. €6,990)

ASTRAUX’s vision is to make innovative design accessible, giving consumers smarter, more playful, and more affordable technology. As the brand puts it: “Style it. Live it. Show it.”

The countdown has begun. Join us at IFA Berlin and witness a new era of smart living.

Website: https://astra-ux.com/zh
Pre-order Link: https://astra-ux.com/products/electric-mini-car
Media Contact: press.astraux@maktoumtech.com 
Social Media:

Instagram: @Astraux.global
TikTok: @astrauxglobal
Facebook: @Astraux.global

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SOURCE ASTRAUX

DELRAY BEACH, Fla., Aug. 23, 2025 /PRNewswire/ — The global Industrial Steam Generation Outlook is anticipated to grow from estimated 9,856.7 billion kg in 2024 to 12,780.0 billion kg by 2030, at a CAGR of 4.5% during the forecast period. The Industrial Steam Generation Outlook is constantly growing due to the growing focus on enhancing energy efficiency, operational safety, and environmental sustainability across industries, as well as the rising demand from manufacturing, chemical processing, food & beverages. This growth is further supported by the increasing need for reliable and cost-effective heat sources to meet expanding production capacities and heightened awareness of carbon emission reduction and resource optimization. Technological advancements, such as high-efficiency boilers, waste heat recovery systems, and renewable-powered steam generation solutions, are becoming essential as industries face pressures from stricter emission norms, fluctuating fuel prices, and the need for operational resilience.

Browse 60 market data Tables and 30 Figures spread through 130 Pages and in-depth TOC on ‘Industrial Steam Generation Outlook – Global Forecast to 2030’

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By temperature, 150–250°C segment to be second-largest segment in Industrial Steam Generation Outlook during forecast period.

The 150–250°C temperature segment is projected to hold the second-largest Industrial Steam Generation Outlook share during the forecast period, driven by its extensive application in medium-to-high pressure processes. Industries such as chemicals, pulp & paper, and pharmaceuticals rely on this temperature range for efficient heat transfer, sterilization, and process optimization. Its ability to support more energy-intensive operations makes it a preferred choice for continuous and large-scale industrial activities. Furthermore, adopting advanced boiler designs and heat recovery systems operating within this range enhances energy efficiency and reduces operational costs, contributing to the segment’s strong market position.

North America to hold second-largest market share during forecast period.

North America is expected to maintain a significant share of the Industrial Steam Generation Outlook during the forecast period, supported by a well-established industrial base in sectors such as chemicals and food & beverages. The region’s focus on upgrading aging steam generation infrastructure with high-efficiency and low-emission systems is a key driver of growth. Stringent environmental regulations from agencies such as the US Environmental Protection Agency (EPA) are accelerating the adoption of cleaner and more sustainable steam technologies. Additionally, advancements in automation, IoT-enabled monitoring, and predictive maintenance are boosting operational efficiency and reducing downtime. The presence of leading boiler manufacturers and technology providers in the region further strengthens its market position.

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Key Market Players

Prominent companies in this market include Mitsubishi Heavy Industries, Ltd. (Japan), Babcock & Wilcox Enterprises, Inc. (United States), Bosch Industriekessel GmbH (Germany), Thermax Limited (India), Alfa Laval (Sweden), Doosan Enerbility (South Korea), Parker Boiler (United States), Forbes Marshall (India) which are the market leaders in the Industrial Steam Generation Outlook.

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About MarketsandMarkets™:

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/

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SOURCE MarketsandMarkets

ARLINGTON, Va., Aug. 22, 2025 /PRNewswire/ — On August 21, 2025, the Mississippi State Department of Health declared a public health emergency after reporting an alarming rise in infant mortality, on top of already leading the nation in infant death rates. March of Dimes, the nation’s leading nonprofit fighting for the health of moms and babies, issued the following response from President and CEO, Cindy Rahman:

“The Mississippi Department of Health’s declaration of a public health emergency in response to infant mortality is a painful reminder of the maternal and infant health crisis facing our nation. In 2024, Mississippi’s infant mortality rate was 9.7 deaths per 1,000 live births, the highest of any state and substantially higher than the provisional US rate of 5.5 in 2024. The burden falls especially hard on babies born to Black moms, who experienced an infant mortality rate of 15.2—a nearly 24% increase from the previous year, while the rate among babies born to white moms declined.

Every number represents a baby lost and a family grieving. Although Mississippi accounts for less than 1% of US births, the state accounts for more than 1.6% of all infant deaths. These losses should be a wake-up call to the nation. March of Dimes supports Mississippi’s public health leadership for raising attention to this critical issue and outlining key strategies to improve birth outcomes in the state.

The recent rise in infant deaths in Mississippi is occurring most often in the earliest days of life, with deaths among newborns under 28 days old driving much of the increase. Prematurity, birth defects, and maternal complications of pregnancy are key contributors to these losses. March of Dimes’ Report Card shows Mississippi has some of the worst maternal and infant outcomes in the nation, with a preterm birth rate of 15% compared to 10.4% nationally. Nearly half of all counties in Mississippi are considered maternity care deserts, leaving families with little or no access to maternity care and putting them at greater risk for poor outcomes. Mississippi’s commitment to improving its system of care for moms and babies, filling gaps in care, and expanding community health and home visiting programs is an important step forward—and aligns closely with the priorities March of Dimes has been advocating across the country.

Mississippi’s crisis reflects a wider trend. Provisional CDC data show that twenty-four states reported rising infant mortality rates in 2024. Some of these states, including Mississippi, Arkansas, and Louisiana, were already among the worst in the nation for infant mortality rates, underscoring that our system is failing moms and babies in the places that need investment most.

We know the best way to save babies’ lives is to support moms’ health before, during, and after pregnancy. That means increasing access to early prenatal care, reducing maternity care deserts, and ensuring no matter where a mom gives birth, she and her baby can be quickly connected to appropriate treatment—from routine delivery to the most specialized newborn care. It also means investing in home visiting programs and community health workers who connect families to resources where they live. Our maternity care deserts report shows that millions of women in the US live in counties with little or no access to maternity care, placing moms and babies at higher risk for poor outcomes.

Protecting Medicaid is equally critical. Medicaid covers nearly 53% of births in Mississippi and 40% nationwide, making it a critical lifeline for moms and babies. Any cuts or restrictions will only make this crisis worse. Telehealth, home visiting, and other community-based supports are essential tools, but they cannot succeed without the foundation of health insurance through Medicaid and other programs that support families.

The United States is among the most dangerous developed nations for childbirth. We cannot afford to move backward. March of Dimes will continue to lead efforts to expand access to care, protect Medicaid, and advance policies that support the health of moms and babies so that every family has the opportunity to thrive from day one.”

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SOURCE March of Dimes Inc.

WEST ATLANTIC CITY, N.J., Aug. 22, 2025 /PRNewswire/ — The Great Bay Insurance Group (the “Group”), the leading provider of coastal homeowners’ insurance in New Jersey, today announced that Timothy J. Byrne, Sr., Chief Executive Officer of the Group, has been award the Company Person of the Year by the PIANJ at its annual conference.  This award is given to individuals who foster a strong working relationship with agents and brokers, and who exemplify a commitment to professionalism and service.

Great Bay is a coastal Homeowners writer in New Jersey with plans to expand into other products and States.  Great Bay is known for its ease of doing business, prompt fair claims handling and most of all for providing a stable market.

Mr. Byrne, Sr., a founding member of the Group in 2019, has over 40 years of broad industry experience in various leadership capacities.  Mr. Byrne began his career at 14 years old working summers in his father’s retail agency founded by his grandfather John J Byrne in 1959, The J Byrne Agency of Cape May County NJ, working nine summers while attending Wildwood High School, Rutgers College and a post-graduate degree in Insurance from what is now the St. John’s School of Risk Management, Insurance & Actuarial Science. Mr. Byrne joined the agency full-time in June of 1983.

In 2003 Mr. Byrne, having identified the need for a Coastal Homeowners option, founded Coastal Agents Alliance (“CAA”) ultimately placing over $50,000,000 in surplus lines homeowners’ business in eight northeast states.  In 2015 he sold CAA to Gryphon investors who merged CAA with Orchid Underwriters out of Vero Beach FL.

After three years at Orchid Underwriters, Mr. Byrne left to form Great Bay Insurance Group, which began operations in August of 2019. In Mr. Byrne’s acceptance speech, he highlighted his love of independent agents and how IAs were the key to his success.  Between his time at CAA and Orchid he claimed he has probably visited more independent agencies than any other person alive. “Few can do what independent agencies can do,” Mr. Byrne told the audience of independent agents. “From the threat of ‘captive agents’ in the 1970s to the ‘banks-forming-insurance-agencies’ of the 1990s to the current AI and the internet cutting out the middleman, agents have survived.  Weathering the coastal HO crises post Andrew or KRW, or the wildfire crisis post-California fires, IA’s have not only survived but thrive in challenging environments. Other outlets of distribution pack up and go home,” said Mr. Byrne.

Contact:
Investor Relations
Brian Schleider
609-434-2000, x102
brian.schleider@greatbayinsure.com

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SOURCE Great Bay Insurance Group

NAIROBI, Kenya, Aug. 22, 2025 /PRNewswire/ — Global clean energy leader BLUETTI has deepened its partnership with the United Nations Human Settlements Programme (UN-Habitat) to accelerate access to sustainable clean energy across Africa. Building on the ongoing ‘Lighting An African Family’ (LAAF) initiative in Kenya, now in its fourth year, the program continues to benefit 500 families and more than 2,000 residents in urban and peri-urban underserved communities, the majority from women-led households.

As part of the partnership, BLUETTI attended the 2025 Devolution Conference (12–15 August), Kenya’s premier policy forum, to showcase how clean, affordable energy solutions support housing, urban resilience, and intelligent urban solutions. The conference reinforced the shared commitment of parties, institutions and the Kenyan Government that clean energy is critical to foster a sustainable future for all.

Building on this momentum, the partnership engaged communities in two urban areas: Muhoroni, a rapidly growing peri-urban area in Kisumu County, and EX-Grogon and Mathare, informal settlements in central Nairobi. Through training and technology transfer, BLUETTI donated 500 E60 Solar Lighting and Storage kits, benefiting over 2,000 residents. Over five years, the initiative is expected to reduce carbon emissions by 337.5 tons, while enhancing urban resilience and environmental awareness in the communities.

“Partnership with BLUETTI brings renewable energy to vulnerable families in Sub-Saharan Africa, especially for women led households, showcasing a UN- private sector partnership model,” Mr Oumar Sylla, Director of the Regional Office for Africa at UN-Habitat said while meeting the representatives of BLUETTI at the UN offices in Nairobi.

“We are proud to strengthen our joint effort with UN-Habitat, embracing the mission and responsibility of advancing the Sustainable Development Goals,” said James Ray, BLUETTI spokesperson.

Following the Kenya launch, BLUETTI and UN-Habitat plan to expand related programs to other African countries, reaffirming their commitment to sustainability and energy equity.

About BLUETTI

As a technology pioneer in clean energy, BLUETTI delivers reliable solutions ranging from home battery backup systems to portable power stations for outdoor adventures. Trusted by over 3.5 billion users across 110+ countries and regions, BLUETTI remains committed to long-term sustainability and responsible innovation.

About UN-Habitat

The United Nations Human Settlements Programme (UN-Habitat) is the UN’s focal point on urbanization, promoting socially and environmentally sustainable cities and communities, and working globally with partners to foster inclusive, resilient development while reducing inequality, discrimination, and poverty.

Ellen Lee
PR Specialist
ellenlee@bluetti.com

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SOURCE BLUETTI POWER INC.

ENFIELD, Conn., Aug. 22, 2025 /PRNewswire/ — Louth Callan Renewables today announced it has rebranded to Louth Callan to better reflect its transformation of Engineering, Procurement, and Construction (EPC) services to include Geothermal, Transmission & Substation (T&S), and Traditional Industrial Power projects across the United States. The move reflects the company’s evolution from a renewable focused builder to a full spectrum energy and infrastructure partner capable of delivering complex, grid-critical assets from concept to Commercial Operation.

“Rebranding to Louth Callan reflects our commitment to serving the full spectrum of our clients’ infrastructure needs—renewable and conventional, generation and grid, and everything in between,” said Nicholas Sylvestre, Founder and CEO of Louth Callan. “By combining the discipline and rigor of utility-scale EPC with the speed and adaptability required for fast-moving, capital-intensive projects, we are building a broader EPC platform that can deliver across modern energy systems. This evolution strengthens our ability to partner with clients through the energy transition, ensuring reliable, efficient, and future-ready solutions.”

With the expanded offerings, Louth Callan now delivers turnkey EPC solutions across four complementary domains:

• Geothermal – Full-lifecycle delivery from feasibility and resource assessment through wellfield development, surface facilities, and power island integration. Focusing on both utility scale plant construction and commercial and industrial applications. Louth Callan’s execution model emphasizes subsurface risk management, HSE leadership, and integration with district energy and industrial heat users where applicable.
• Transmission & Substation (T&S) – Planning, design, and construction of high-voltage lines and substations, including protection & controls, relaying, SCADA, and commissioning. The team supports grid interconnections for utility owners, IPPs, and large energy consumers, with a focus on quality, outage minimization, and schedule certainty.
• Traditional Industrial Power – EPC for conventional thermal and industrial power assets, including combined heat and power (CHP), process steam, and balance-of-plant upgrades and repowers. Louth Callan’s approach emphasizes reliability, maintainability, and lifecycle cost optimization.
• Renewables (Ongoing) – The company continues to execute utility scale (50mws or greater) solar, storage, hydro and hybrid projects integrating these assets with T&S scopes and, where appropriate, with geothermal or thermal resources to form resilient portfolios.

“Our customers want one accountable partner who can safely deliver complex projects, align with evolving interconnection standards, and manage multi-disciplinary risk,” Nicholas stated, “By unifying our brand and expanding our EPC capabilities, Louth Callan is positioned to deliver exactly that.”

What does this mean for our partners?

• A more comprehensive and detailed Louth Callan: A single brand and unified project delivery model across generation, grid, and industrial scopes.
• Same trusted team but expanded: Existing contracts, teams, and points of contact remain unchanged; the legal entity and obligations are unaffected by the brand update, but the strength and experience of our team increases significantly.
• Stronger supply chain: Expanded vendor frameworks and category strategies across electrical equipment, major mechanical packages, drilling/well services, and civil works.
• Clear HSE & Quality leadership: Reinforced programs aligned to internationally recognized standards, with field-first safety culture and continuous improvement baked into commissioning and turnover.

Louth Callan’s EPC framework is engineered to de-risk critical path activities such as permitting, interconnection, long-lead procurement, civil & foundations, and commissioning while maintaining rigorous interface control across OEMs and specialty subcontractors. The result is predictable schedules, grid-compliant assets, and lifecycle performance aligned to customers’ commercial objectives.

The Louth Callan brand transformation includes a refreshed logo, a new visual identity, and a redesigned website that will roll out across digital channels, job sites, documentation, vehicles, and PPE over the coming weeks. While our branding has changed, our unwavering commitment to safety, quality, and excellence remains the same. We invite you to explore the new site, learn more about our work and see how we are building better – together. www.louthcallan.com

Thank you for being a part of the journey.  

About Louth Callan

Louth Callan is an EPC construction partner delivering complex energy and infrastructure projects across geothermal, transmission & substation, traditional industrial power, and renewables. The company integrates engineering, procurement, construction, and commissioning to bring grid-critical assets online safely, on schedule, and to specification. Louth Callan operates across the United States with teams experienced in utility, IPP, and industrial owner environments.

For further information, please contact Kristen Michaelian, kristen@louthcallan.com

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SOURCE Louth Callan Renewables

FLORHAM PARK, N.J., Aug. 22, 2025 /PRNewswire/ — Reworld Holding Corporation (the “Company”) announced today that it has commenced a cash tender offer for any and all of its outstanding 5.000% Senior Notes due 2030 (the “Notes”), upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement, dated the date hereof (as it may be amended or supplemented from time to time, the “Statement”), and in the related tender offer documents (as may be amended or supplemented from time to time, and collectively with the Statement, the “Offer Documents”) (the “Offer”). In connection with the Offer, and on the terms and subject to the conditions set forth in the Offer Documents, the Company is soliciting consents of holders of the Notes (the “Consent Solicitation”) to authorize the elimination of substantially all of the restrictive covenants, all reporting obligations, certain events of default and related provisions contained in the related indenture governing the Notes (the “Proposed Amendments”). Holders may not tender their Notes without delivering their consents to the Proposed Amendments and may not deliver consents to the Proposed Amendments without tendering their related Notes. A valid withdrawal of tendered Notes at or before the Withdrawal Deadline (as defined hereinafter) will constitute the valid revocation of consents.

The early tender deadline for the Offer is 5:00 p.m., New York City time, on September 5, 2025 (as it may be extended, the “Early Tender Date”), and the Offer will expire at 5:00 p.m., New York City time, on September 22, 2025 (as it may be extended, the “Expiration Date”), in each case, unless earlier terminated by the Company. Notes tendered may be withdrawn at any time at or before 5:00 p.m., New York City time, on September 5, 2025 (as it may be extended, the “Withdrawal Deadline”) but not thereafter, except in certain limited circumstances as described in the Offer Documents. The Company may extend an Early Tender Date without extending the related Withdrawal Deadline.

The table below summarizes certain payment terms of the Offer and the Consent Solicitation:

* Per $1,000 principal amount of Notes.

Holders validly tendering the Notes at or before the Early Tender Date will be eligible to receive the Total Consideration with respect to the Notes tendered. Holders validly tendering Notes after the Early Tender Date but at or before the Expiration Date will be eligible to receive only the Tender Consideration for the Notes, which is equal to the Total Consideration less the Early Participation Premium. In addition, holders whose Notes are purchased in the Offer will receive accrued and unpaid interest in respect of their purchased Notes from the last interest payment date of the Notes up to, but not including, the applicable settlement date for the Notes.

Subject to the terms and conditions of the Offer being satisfied or waived, the Company will, following the Expiration Date, accept for purchase all Notes validly tendered at or before the Expiration Date (and not validly withdrawn at or before the Withdrawal Deadline). The Company will pay the Total Consideration or the Tender Consideration, as the case may be, for the Notes accepted for purchase promptly following the acceptance of the Notes for purchase. 

The Company’s obligation to consummate the Offer is subject to the satisfaction or waiver of certain conditions, which are more fully described in the Statement, including, among others, (i) the receipt of validly delivered consents to the Proposed Amendments from holders representing at least a majority of the aggregate principal amount of the Notes then outstanding, (ii) the execution and delivery by the Company and the trustee of the supplemental indenture with respect to the Notes implementing the Proposed Amendments to the indenture, and (iii) the consummation of debt financing on terms satisfactory to the Company that yields sufficient net cash proceeds to fund the Total Consideration for all of the outstanding Notes.

Barclays Capital Inc. is acting as dealer manager and solicitation agent (the “Dealer Manager and Solicitation Agent”) for the Offer and the Consent Solicitation. Questions regarding the terms of the Offer and the Consent Solicitation can be directed to the Dealer Manager and Solicitation Agent at (800) 438-3242 (toll free) and (212) 528-7581 (collect).

The information and tender agent for the Offer and Consent Solicitation is Global Bondholder Services Corporation. Holders with questions or who would like additional copies of the Offer Documents may call Global Bondholder Services Corporation, toll-free at (866) 807-2200 or (212) 430-3774 (collect).

This news release is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell the Notes. The Offer and the Consent Solicitation are being made only pursuant to the Offer Documents that the Company will be distributing to holders promptly. Holders and investors should read carefully the Offer Documents because they contain important information, including the various terms of and conditions to the Offer and the Consent Solicitation. None of the Company, the Dealer Manager and Solicitation Agent, the information and tender agent or their respective affiliates is making any recommendation as to whether or not holders should tender all or any portion of their Notes in the Offer or deliver their consents in the Consent Solicitation.

About Reworld Holding Corporation

Reworld Holding Corporation or Reworld™, headquartered in Florham Park, New Jersey, is a leader in sustainable waste solutions, providing innovative and environmentally responsible services to a global community. Reworld™ is committed to advancing zero waste initiatives and supporting sustainability goals through state-of-the-art technologies that reimagine, reduce, reuse, recycle, recover, and renew. For more information, visit www.reworldwaste.com.

Cautionary Statement on Forward-Looking Statements

Information provided and statements contained in this press release that are not purely historical are forward-looking statements within the meaning of the applicable securities laws. Certain statements in this press release may constitute forward-looking information within the meaning of securities laws. Forward-looking information may relate to the Company’s future outlook and anticipated events, business, operations, financial performance, financial condition or results and, in some cases, can be identified by terminology such as “may”; “will”; “should”; “expect”; “plan”; “anticipate”; “believe”; “intend”; “estimate”; “predict”; “potential”; “continue”; “foresee”, “ensure” or other similar expressions concerning matters that are not historical facts. The reader should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company will not update these statements unless applicable securities laws require it to do so. 

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SOURCE Reworld Holding Corporation

NAVAJO, N.M., Aug. 22, 2025 /PRNewswire/ — More than 40 Navajo children at Crystal Boarding School will start the school year with brand-new shoes thanks to acclaimed Navajo singer- songwriter Razor Saltboy, his longtime friend and World Youth Clubs Global Ambassador Beau Bridges, and the Rick and Susan Goings Foundation.

“This is about more than footwear,” said Razor Saltboy. “It’s about giving these kids a sense of pride as they walk into their classrooms.”

The shoes, donated by the Rick and Susan Goings Foundation, will be given to the students on the morning of August 27^th at the Crystal Boarding School. Rick and Susan are founders of World Youth Clubs (WYC), whose mission is to develop, enhance, and advance community-based youth organizations that create safe, supportive environments for young people worldwide.

Beau Bridges, Emmy, Grammy, and Golden Globe winner, is a passionate advocate for youth. His decades-long commitment to underserved children continues through his work with WYC.

Crystal Boarding School, located in Navajo, New Mexico, serves students in kindergarten through sixth grade. Many of these children come from families who face economic hardships, making supportive efforts like this one deeply meaningful to their education and well-being.

About Razor Saltboy
Razor Saltboy, is a Navajo country singer-songwriter. His music blends Navajo traditions with country storytelling. Beyond the stage, Razor is committed to uplifting his community, as seen through initiatives like this back-to-school shoe distribution.

About Beau Bridges
Beau Bridges is an acclaimed actor known for over fifty films, including The Fabulous Baker Boys and Jerry Maguire. A lifelong advocate for youth and the environment, Beau has championed programs that provide safe, creative spaces for young people to thrive. He proudly serves as a founding Board member and Global Ambassador for World Youth Clubs.

About World Youth Clubs
World Youth Clubs (WYC) is the only international youth development organization establishing and assisting a network of youth clubs around the world. WYC helps local communities create safe and productive spaces for young people, especially those lacking necessary resources. World Youth Clubs is dedicated to empowering youth worldwide to create an impact that transcends borders.

Learn more at www.worldyouthclubs.org.

About Crystal Boarding School
Crystal Boarding School is a small public school located at Highway 134, Navajo, New Mexico. Many students face socioeconomic challenges, making community partnerships and resources essential to their success.

Media Contact:
Rebecca R. Rhodes
rrhodes@ledfordrhodes.com
321.695.6728

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SOURCE World Youth Clubs

WASHINGTON, Aug. 22, 2025 /PRNewswire/ — A coalition of Southern mayors, facilitated by Ohio River South, is calling on the Trump Administration to reverse course on proposed budget cuts and a potential reorganization within the Department of Health and Human Services (HHS) that could dismantle key HIV and STI prevention programs and jeopardize national progress toward ending the HIV epidemic.

In a joint letter sent this week to HHS Secretary Robert F. Kennedy, Jr., the mayors raise alarms about the possible elimination of the CDC’s Division of HIV Prevention, along with reduced funding for the Ryan White HIV/AIDS Program, the Ending the HIV Epidemic (EHE) Initiative, and the CDC Division of STD Prevention.

“As Mayors who represent cities in southern states, we have a considerable number of individuals living with HIV within our jurisdictions,” the mayors wrote. “Any disruption to existing HIV funding and programs will undoubtedly impede our progress in reducing new HIV transmissions and other related infectious diseases, increase healthcare costs, and could quickly erase the progress made over the last six years.”

The mayors’ letter points to stark realities:

• 53% of all new HIV diagnoses in 2022 occurred in the South.
• Every infection prevented saves an average of $1.1 million in additional lifetime healthcare costs.
• Even a modest decline in access to PrEP and testing could result in 8,000 additional infections annually, adding nearly $2 billion in avoidable long-term costs.

The mayors also flagged historic spikes in STI rates—including the highest levels of syphilis since the 1950s—and warned that cuts to the CDC’s STD Division would hinder states’ ability to track and respond to outbreaks.

Framing the issue as both a health equity and fiscal responsibility challenge, the mayors urged the administration to preserve FY 2025 funding levels for all four critical programs. They stressed that dismantling the HIV prevention infrastructure now would not only cost lives—it would cost billions.

“The letter from Southern mayors could not come at a more urgent time,” added the Southern AIDS Coalition. “These mayors are sending a clear, unified message: prevention efforts cannot be sidelined. The proposed federal restructuring and ongoing budget threats put lives and public health infrastructure at risk. We applaud the leadership of these mayors for standing up for their cities, for their residents, and for people living with and vulnerable to HIV. In a region bearing the brunt of the epidemic, preserving funding for prevention, treatment, and surveillance is essential. Their leadership is a reminder that ending the HIV epidemic starts with courageous local action and a refusal to accept preventable loss as the status quo.”

The full letter is available here and participating mayors are available for interviews upon request.

Media Contact:
Hyun Shin
817-304-3867
hyun@ohioriversouth.com

View original content:https://www.prnewswire.com/news-releases/southern-mayors-warn-trump-administration-cuts-to-hiv-and-sti-funding-threaten-public-health-economic-stability-302536448.html

SOURCE Ohio River South