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AlphaStruxure and Montgomery County Break Ground on Nation’s Largest Renewable Energy-Powered Transit Depot

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Montgomery County, Maryland’s David F. Bone Equipment Maintenance and Transit Operations Center will be the largest renewable energy-powered transit depot, the largest transit depot microgrid in the nation, and the first on the East Coast to produce green hydrogen on-site.This 5.65 megawatt microgrid project, delivered for zero upfront costs via Energy as a Service, will feature solar arrays, electric bus chargers, battery energy storage, and a County-owned hydrogen electrolyzer, thereby allowing the depot to operate indefinitely in “island mode.”Event photos, 3D renderings, B-roll and other media assets can be found here

DERWOOD, Md., June 14, 2024 /PRNewswire/ — Today, AlphaStruxure, a leader in Energy as a Service (EaaS) microgrid solutions, and Montgomery County, Maryland (County) broke ground on an integrated microgrid infrastructure project. The project will feature electric bus charging and on-site green hydrogen production powered by solar and battery energy storage.

The County operates the second-largest bus fleet in the Washington, D.C. region. Its David F. Bone Equipment Maintenance and Transit Operations Center is a major depot within Ride On Montgomery’s network and the fifth largest County-owned energy consumer. By 2035, the depot is projected to accommodate 200 zero-emissions buses, of which most will be hydrogen fuel cellNew electric buses (FCEBs). The County is using FCEBs in part because they have a greater range versus battery electric buses and can thus support longer bus routes. A hydrogen FCEB is a zero-emissions vehicle, powered by hydrogen and oxygen, emitting only water.

The microgrid’s construction is expected to be completed in 2025, when the system will begin sending renewable energy back to the grid and have the ability to power zero-emissions buses. This microgrid follows the launch of the Brookville Smart Energy Bus Depot in 2022, which was the County’s first fully constructed microgrid-powered bus depot and also led by AlphaStruxure. Together, the two depots will eventually power about 335 zero-emissions transit buses, according to the County’s latest fleet transition plan.

“It’s a joyous moment to be breaking ground on a project that is the new standard for public transit in the United States,” said Juan Macias, CEO of AlphaStruxure. “The County has proven itself as a national leader in zero-emissions transit, in part by prioritizing simultaneous procurement of both the buses and the sustainable infrastructure needed to power them. Both are fundamental to a successful fleet transition. Our Energy as a Service approach enables the County to achieve sustainable and resilient transit — without upfront capital, in a way that de-risks the financial, construction, and operations phases of the project.”

“This project is the largest renewable energy-powered transit depot and transit depot microgrid in the nation; it is also the first facility on the East Coast to produce green hydrogen on-site,” said County Executive Marc Elrich. “Montgomery County is providing a sustainable model for the nation to follow. It is great to see this bus depot microgrid move from concept to construction so quickly thanks to our ongoing partnership with AlphaStruxure and their related companies; we already have five microgrids in operation or development, with more underway. This project will both ensure that County services are prepared for the increasingly extreme weather due to climate change as well as increasing our production of clean energy.”

“Transitioning to green transit is better for our commuters and the health of our communities. That’s why I worked to secure funding to support Montgomery County’s efforts to move to a fully zero-emission bus fleet fueled by renewable power,” said U.S. Senator Chris Van Hollen. “Projects like these are critical to achieving Maryland’s ambitious clean energy goals while making local public transit more reliable and cost-effective.”

“By breaking ground on America’s largest electric bus depot, Montgomery County continues to lead the country with investments in creating a clean energy future for our children and grandchildren,” U.S. Representative Jamie Raskin said. “I’m confident this project will serve as an inspiration for other local governments exploring sustainable energy transitions, and I’m committed to continue strongly advocating for commonsense pro-climate legislation in Congress to benefit Maryland and the nation.”

Fueling the County’s FCEBs with green hydrogen produced by the microgrid’s solar array advances the County’s goal of reaching a 100% reduction in carbon emissions by 2035. The microgrid also enables the County to reduce its Scope 1 and 2 emissions by 4,000 metric tons of CO2 per year, equivalent to approximately 780 homes’ annual electricity use. The County will also use the microgrid to advance equity. The microgrid will support zero-emissions buses for cleaner air and less congestion along its Bus Rapid Transit (BRT) network, which serves many minority and low-income riders. It will also support new career and training opportunities for underserved communities through a County apprenticeship program.

Like the Brookville depot, this existing depot will remain fully operational throughout its 28-phase construction process, with no impact on transit services. The microgrid will provide sustainable, resilient power to a mixed fleet of battery electric and FCEBs, along with the facility’s five buildings. It will also be interconnected to the Pepco utility grid and is engineered to operate in island mode indefinitely, ensuring uninterrupted service for the County’s constituents during extended grid or power outages and emergency situations. Specifically, the microgrid will include:

5.65 MWDC of rooftop and canopy solar generation2 MW/6.88 MWh battery energy storageUp to 2.25 MW of charging capacity1 MW hydrogen electrolyzerSoftware tools and IoT-connected hardwareA complete overview can be found here.

AlphaStruxure and the County will leverage a close partnership with the local utility, Pepco, to deploy the large-scale microgrid on a rapid timeline. In addition to powering on-site production of green hydrogen, a resilient fuel source for FCEBs, the microgrid will also be able to send up to two megawatts (MWs) of renewable energy back to the utility grid via a Pepco net metering program.

“Because of their ability to accelerate adoption of clean power sources, microgrids are emerging as a key driver of the energy transition,” said Jana Gerber, Schneider Electric’s President of North America Microgrids. “And as extreme weather increases, a microgrid’s ability to withstand these events is critical for municipalities that need to deliver services to constituents around the clock. Schneider Electric is very proud to contribute to the key infrastructure of this benchmark project that further establishes Montgomery County’s leadership in microgrid and Energy as a Service adoption. The County continues to lead the way and show what is possible.”

AlphaStruxure, a joint venture of Carlyle and Schneider Electric™, will finance the project through the Energy as a Service (EaaS) business model. The Boston, MA-based company will deliver all aspects of design, construction, and long-term operations and maintenance. As a joint venture, AlphaStruxure combines Carlyle’s comprehensive financial capabilities and infrastructure expertise with Schneider Electric’s leading microgrid technology, software, and services.

AlphaStruxure serves as a trusted partner for the County, helping it to achieve its 2035 fleet sustainability and resilience goals. It is delivering the microgrid to the County without requiring capital expenditures via an EaaS contract, a long-term agreement ensuring predictable operating expenses, performance, and energy pricing.

Montgomery County’s Department of General Services, the Department of Transportation, and the Office of Energy and Sustainability are spearheading this ambitious drive toward achieving net-zero emissions by leading the transition of the County’s transit fleet and depot infrastructure. AlphaStruxure’s partners for this project include Mortenson for design-build; Schneider Electric for the battery energy storage system, microgrid controls, switchgear, and services; WSP as the engineer of record; AZZO for network and cybersecurity; The Mobility House for charge management software; and Heliox for EV charger hardware.

AlphaStruxure is a leading Energy as a Service (EaaS) provider and microgrid integrator. Its purpose is to decarbonize energy infrastructure at speed and scale. It does so by helping public- and private-sector organizations achieve ambitious, tailored energy transformations — without the CapEx or complexity. AlphaStruxure designs, finances, builds, owns, operates and maintains energy infrastructure, including microgrids, to deliver emissions reductions, reliability, and resilience. Its projects include two of the largest transit microgrids in the U.S. and a microgrid for John F. Kennedy International Airport’s New Terminal One. Unlike other EaaS providers, AlphaStruxure owns its clients’ systems for the entire lifecycle, making the company accountable to long-term guarantees on pricing and performance. AlphaStruxure’s joint-venture model harnesses Carlyle’s expertise in financing large-scale energy infrastructure projects and Schneider Electric’s 185+ year legacy of energy innovation, with more than 350 successful microgrid projects across North America. AlphaStruxure is based in Boston, Massachusetts, operates across North America, and leverages global capabilities. Learn more about the company at alphastruxure.com and follow the company on LinkedIn.

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SOURCE AlphaStruxure

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ASUS Accelerates Enterprise AI at Scale with 6th-Gen AMD EPYC Server CPUs

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 ASUS leverages 6th-gen AMD EPYC Server CPUs to deliver scalable, efficient compute for enterprise AI, cloud, virtualization and business-critical workloads

SAN FRANCISCO, July 24, 2026 /PRNewswire/ — ASUS today announced its groundbreaking new server lineup powered by the AMD EPYC™ 9006 processors, engineered to deliver unmatched performance for the most demanding intensive enterprise workloads. This advanced portfolio introduces two highly optimized series with efficiency-optimized AMD EPYC SP8 server CPU, the flagship dual-socket ASUS RS700A/720A for extreme compute density and the single-socket ASUS RS500A/520A for superior space efficiency and deployment flexibility.

Both series integrate full PCIe® 6.0, leading memory support, and high-density E3.S storage, all underpinned by proprietary ASUS innovations for superior thermal management and operational efficiency to meet and exceed the rigorous demands of enterprise AI, virtualization, storage and cloud environments.

“The new ASUS server series, powered by 6th-gen AMD EPYC server CPUs, is engineered to power every enterprise workload with flexible, scalable infrastructure,” Paul Ju, Senior Vice President of ASUS, commented, “This launch marks a significant milestone for ASUS and our clients. The new series empowers businesses with a resilient foundation to achieve unprecedented computing efficiency and accelerating AI innovation with inference.”

ASUS expands 6th-gen AMD EPYC server portfolio with dual optimized series

ASUS has introduced a new server lineup segmented into two distinct series, each precisely engineered to meet diverse enterprise demands.

The flagship RS700A/720A series (dual-socket) delivers extreme compute density, making it ideal for AI inferencing, and complex simulations. It offers exceptional bandwidth with PCIe 6.0, memory leadership via 32 DIMM slots supporting ultrafast MRDIMM, and high-density storage with up to 32 E3.S bays in a compact 2U form factor.

Complementing this is the RS500A/520A series (single-socket), a highly efficient and space-optimized solution with depth under 800mm, perfect for mainstream enterprise workloads and rack-constrained environments. Featuring full PCIe 6.0 capabilities, E3.S storage support, and modular scalability through shared components with the RS700A and RS720A series, it provides uncompromised performance in a streamlined, deployment-friendly design.

ASUS elevates the AMD EPYC platform with cutting-edge proprietary innovations

ASUS has significantly advanced the AMD EPYC 9006 platform with a series of proprietary engineering breakthroughs focused on superior reliability, thermal management, and operational efficiency.

The DC-MHS modular architecture features a zone-partitioned chassis that separates I/O, HPM, fan, and storage modules to accelerate development, reduce capital costs, and enable rapid serviceability. The patented ASUS DIMM.2 Innovation repositions M.2 storage to the cooler DIMM region, eliminating thermal throttling without extra heatsinks and unlocking greater scalability. Thermal Radar 3.0 with PID Control delivers precise real-time fan regulation via advanced algorithms, reducing energy use and maintaining peak performance under heavy enterprise-level workload.

Completing the suite is the optimized tool-less operational-velocity design, which boosts maintenance efficiency, maximizing uptime and lowering TCO and sustaining peak performance even under volatile, high-load AI/HPC workloads.

AVAILABILITY & PRICING

ASUS RS700A/720A series and RS500A/520A series servers will be available soon. Please contact your local ASUS representative for further information.

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Fractal posts 20% revenue growth and 92% net income growth in Q1 FY27

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Adjusted EBITDA Grows at 35% YoYGross Margin up 29 bps1 to 46%; Adjusted EBITDA Margin up 189 bps to 17%

NEW YORK, July 24, 2026 /PRNewswire/ — Fractal Analytics Ltd (BSE: 544700) (NSE: FRACTAL) announced its consolidated financial results for Q1 FY27, ending June 30, 2026.

In Q1 FY27, the Company reported consolidated operating revenue of INR 9,125 m, a growth of 20% year on year (YoY). Revenue growth was led by the company’s Healthcare and Life Sciences (HLS) industry, which clocked 69% growth YoY. Strong sustained growth in HLS over the last several quarters has resulted in it becoming the second largest industry in the portfolio. Banking, Financial Services and Insurance (BFSI) also performed very well, growing 36% YoY in Q1. Fractal’s largest industry, Consumer Packaged Goods and Retail (CPGR), continued to gather momentum, growing 19% YoY. On the other hand, TMT declined 22% YoY.

Fractal’s focus on deepening customer relationships continues to yield good outcomes. Its clients collectively increased their spending with the company, as reflected in the Net Revenue Retention2 of 117% in Q1. Further, its Net Promoter Score (NPS) during the period stood at 77.

The company reported improved profit margins at all levels. Gross Margin in Q1 was at 46%, while Adjusted EBITDA Margin expanded by 189 bps YoY to 17%. Net Income grew 92% YoY to INR 723 m.

Commenting on the performance, Srikanth Velamakanni, Group CEO and Executive Vice-Chairman, said:

“Enterprises are putting real transformation budgets behind AI now and we’re seeing it directly in the size of the deals coming to us. TMT was the drag on our headline growth this quarter. Excluding TMT, our business grew 35% year on year, which is a better read on the underlying demand we’re seeing.

As data sovereignty becomes a bigger priority for governments and enterprises, and as open-weight models keep improving, clients need a partner who can work across models and infrastructure. We have invested heavily in our people, our research, and our own intellectual property to be that partner.”

1 Basis points = 1/100th of 1%
2 Net Revenue Retention in our Fractal.ai segment measures how effectively we retain and expand revenue from our existing clients over a defined period and is calculated by comparing the current period’s revenue from the clients who existed at the start of the period, with their revenue in the previous period – including the effects of upsells, cross-sells and contractions

About Fractal 

Fractal Analytics Ltd (BSE: 544700) (NSE: FRACTAL) is a globally recognized pure-play enterprise AI company trusted by Fortune 500®-sized enterprises to power decision-making through AI services, solutions, and products, anchored by Cogentiq, its flagship agentic AI platform. With over 6,000 professionals across North America, EMEA, and Asia-Pacific, Fractal partners with business leaders to drive competitive differentiation for their organizations by embedding AI into critical decisions across business functions and industry verticals.

Fractal invests more than 6% of its revenue in AI R&D, supporting foundational AI research, product development, and IP creation that address both immediate client needs and long-term technological advancement. Fractal’s track record includes developing proprietary models and products such as Cogentiq Health – Vaidya.ai and Cogentiq Data Science – PiEvolve, as well as incubating and spinning out Qure.ai, a global healthcare AI leader focused on the rapid identification and management of tuberculosis, lung cancer, and stroke (or critical health conditions). Fractal’s suite of businesses consists of Asper.ai (a Revenue Growth Management product for CPG companies) and Analytics Vidhya (an Ed-tech platform).

For more information, go to www.fractal.ai.

Logo: https://mma.prnewswire.com/media/2931510/5858548/Fractal_Logo.jpg

 

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SOURCE Fractal Analytics Limited

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Xryma Plc : Pre-Listing Liquidity Facility and Price Discovery Process

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NICOSIA, Cyprus, July 24, 2026 /PRNewswire/ — Xryma Plc (“Xryma”)  announces its intention to reapply within the next twelve months for admission to list on Euronext Paris (“Euronext”), with such admission being subject to Euronext’s approval. Before submitting its application, Xryma intends to launch a pre-listing liquidity facility and price discovery process, comprising a private placement to institutional and qualified investors alongside a secondary market offer to Xryma existing shareholders (“shareholders”) wishing to exit prior to listing.  

The admission referred to above that is subject to the approval of Euronext may also be subject to approval by relevant regulatory authorities, and no assurance can be given that approval will be granted or as to the timing of any admission.

The pre-listing liquidity facility and price discovery process is designed to:

Enable shareholders seeking an exit to participate without the need to open an EU brokerage account,Provide a clear and orderly opportunity for existing shareholders to sell all or part of their holdings ahead of any potential admission to trading on Euronext Paris,Enable shareholders to sell all or part of their holdings at the same price at which qualified and institutional investors subscribe for shares in the Company,Establish, through a bookbuild with qualified and institutional investors, a market-validated referenced price for Xryma shares ahead of any potential admission on Euronext Paris (the “Primary Market Placement Price”),Support orderly trading upon potential admission.

Individual shareholder mailouts explaining the details of the pre-listing liquidity facility scheme with instructions and necessary documentation will be conducted during August 2026.

As the Primary Market Placement Price is to be determined by the subsequent bookbuild, shareholders will be given the opportunity to set a floor price which will result in the sale of their shares if the Primary Market Placement Price is higher.  Shareholders will receive the Primary Market Placement Price minus applicable fees.

Shareholders and Investors may be scaled back to match corresponding demand from the other party, with partial fulfilment a possibility if the Company cannot match supply to demand.

Completion of the process is subject to achieving a level of institutional and qualified investor demand that the Board considers appropriate to support an orderly market should Xryma subsequently be admitted to trading on Euronext Paris.

Participation is entirely voluntary. Shareholders who do not wish to sell will simply retain their shares. Shareholders that do not intend to participate should continue to onboard with a Euronext participating broker, or a Euroclear ESES custodian, per previous communications.

The major shareholders, SCP Select All Enterprise (Monaco) and SCP Red 5 Solutions (Monaco) will not participate in the offer and will be subject to lock up arrangements.

Mr Nikogiannis (John) Karantzis, CEO of Xryma Plc comments: “Our shareholders have told us they would value a straightforward way to realise their holdings without the time and cost of opening an EU brokerage account. This process is our response to that feedback. We are structuring the placement to be large enough to establish a credible reference price whilst limiting dilution, with demand directed first towards meeting shareholder sell interest. We look forward to updating the market on the revised timetable in due course.”

Shareholders seeking a more detailed explanation of the pre-listing liquidity facility and price discovery process, should refer to the guide available at https://www.xryma.com/investors

Important Information & Disclaimers

This press release may contain inside information within the meaning of Article 7(1) of Regulation (EU) 596/2014 (Market Abuse Regulation).

This publication is not for publication or distribution or release, directly or indirectly, in or into the United States of America (including its territories and possessions, any state of the United States and the District of Columbia), Canada, Australia, South Africa, Japan or any other jurisdiction where such an announcement would be unlawful. The distribution of this publication may be restricted by law in certain jurisdictions and persons into whose possession this document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. No action has been taken that would permit an offering of the treasury shares or possession or distribution of this publication in any jurisdiction where action for that purpose is required.

This publication does not constitute or form part of an offer for sale or solicitation of an offer to purchase or subscribe for securities in the United States, Canada, Australia, South Africa, Japan or any other jurisdiction and the securities referred to herein have not been registered under the securities laws of any such jurisdiction. Any New Shares (if such are issued) will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or under the securities laws of any State or any other jurisdiction of the United States, and may not be offered or sold, directly or indirectly, in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of, the Securities Act and in compliance with all applicable securities laws of any State or any other jurisdiction of the United States. No public offering of securities is being made in the United States or in any other jurisdiction.

The information set forth herein must not be distributed in any jurisdiction where such distribution is unlawful, and any recipients are requested to inform themselves about and to observe such restrictions.

The Offering referred to herein by Xryma Plc will only be made in accordance with all applicable corporate and securities laws. Any shares referred to herein will exclusively be offered or sold in reliance on any applicable exemptions from prospectus or registration requirements in any jurisdiction. In member states of the European Economic Area, this publication is only addressed to and directed at persons who are ‘qualified investors’ within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (as amended and including any relevant delegated regulations, the “Prospectus Regulation”) or in any other circumstances falling within exemptions available in the relevant member state under Article 1(4) and/or 1(5) of the Prospectus Regulation. In the United Kingdom, this publication is only addressed to and directed at qualified investors within the meaning of the Prospectus Regulation, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended (“EUWA”), who are persons (i) who have professional experience in matters relating to investments falling within Article 19(5) (investment professionals) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Order”), (ii) falling within article 49(2)(a) to (d) (high net worth companies, incorporated associations, etc.) of the Order, or (iii) to whom it may otherwise be lawfully communicated; any other persons in the United Kingdom should not take any action on the basis of this publication and should not act on or rely on it.

This publication does not constitute a recommendation concerning the prospective Offering. This announcement does not constitute an Offer or invitation to subscribe.

This announcement includes statements that are, or may be deemed to be, ‘forward looking statements’. These forward-looking statements can be identified by the use of forward looking terminology, including the terms ‘believes’, ‘estimates’, ‘anticipates’, ‘expects’, ‘intends’, ‘may’, ‘will’, or ‘should’ or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. By their nature, forward looking statements involve risk and uncertainty because they relate to future events and circumstances which may or may not occur. Many of these factors are beyond the control of the Company. Should one or more of these risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results and circumstances may vary materially from those described in this announcement as anticipated, believed, estimated or expected.

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