28 h. ago Copenhagen Infrastructure Partners Acquires Beehive Battery Energy Storage System in Arizona from EDF power solutions North America

NEW YORK and SAN DIEGO, Aug. 15, 2025 (GLOBE NEWSWIRE) — Copenhagen Infrastructure Partners (CIP), through its fifth flagship fund, CI V, and EDF power solutions North America, today announced that CIP has acquired full ownership of the 1 gigawatt hour (GWh) Beehive Battery Energy Storage System (BESS). Beehive is a 250 MW / 4-hour […]

Economics

5 d. ago Power Solutions International, Inc. Secured $135 Million Long

WOOD DALE, Ill., Aug. 11, 2025 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (“PSI” or the “Company”) is excited to announce a significant financial milestone. On July 30, 2025, PSI entered into a Second Amendment (the “Amendment”) to its existing Uncommitted Revolving Credit Agreement with Standard Chartered Bank, acting as administrative agent alongside participating lenders […]

Society

8 d. ago Power Solutions International Announces Record Second Quarter 2025 Financial Results

Quarter Sales of $191.9 million, up 74% from a year earlier, Quarter Net Income of $51.2 million, up 138% from a year earlier, Diluted EPS $2.22 for the Quarter, up 136% from a year earlier, Resolution of going concern with $29.2 million net income and $1.27 EPS impact, Reduced debt $15.0 million for the Quarter […]

Society

1 week ago ZAPI GROUP Expands Electric Drive Charging Solutions with the Strategic Acquisition of Stercom Power Solutions

POVIGLIO, Italy — ZAPI GROUP, a global leader in electrification, today announced the successful acquisition of the majority of Stercom Power Solutions, a pioneer in intelligent charging and energy storage systems based in Germany. The strategic acquisition enhances ZAPI GROUP’s charging solutions portfolio and technical capabilities while also extending its market reach in key growth […]

Other

1 week ago Point2 Technology and Foxconn Interconnect Technology Partner to Revolutionize AI Cluster Scalability with Terabit

Point2’s e-Tube Interconnect Platform Breaks Barriers of Copper and Optical Cabling to Accelerate AI Cluster Scale-Up in Hyperscale Data Centers SAN JOSE, Calif. — Point2 Technology, a leading provider of ultra-low-power, low-latency mixed-signal SoC solutions for multi-terabit interconnect, and Foxconn Interconnect Technology (FIT), a global leader in precision interconnect solutions, have signed a Memorandum of […]

Culture

last month B.C. pilot charged with hijacking and terrorism over Vancouver flight

VANCOUVER — A man who allegedly seized a light aircraft in Victoria, setting off a security scare at Vancouver International Airport on Tuesday, has been charged with hijacking and terrorism. A spokeswoman for the Public Prosecution Service of Canada said Wednesday that a charge of hijacking had been filed in Richmond, B.C., constituting a “terrorist […]

Transport