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State Grid Wulian County Power Supply Company: Make every effort to investigate the hidden dangers of the distribution network Flood control

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2 years ago

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RIZHAO, China, Aug. 9, 2024 /PRNewswire/ — Recently, State Grid Wulian County Power Supply Company transforms the 10-kilovolt school line from Zhongzhi Town, and reasonably divides the electricity load carried by the low-voltage line to ensure the safety of flood control and flood control in Xuezhuang Reservoir. During the critical period of the local flood season, State Grid Wulian County Power Supply Company strengthens the professional management of distribution network operation and inspection, eliminates all kinds of hidden dangers of electricity consumption, and improves the reliability and safe operation level of power supply, laying a solid foundation for the power grid to meet the peak of the summer.

In order to ensure that Wulian Power Grid safely survives the peak of electricity consumption in summer, State Grid Wulian County Power Supply Company plans ahead of time, deploys carefully, takes active actions, and does a good job in welcoming the peak of summer in an all-round way. The first is to ensure the safe operation of the power grid, focusing on the implementation of the safety production responsibility system at all levels, and adhere to “Safety production rectification“. The investigation and management of hidden accidents and other work are closely combined to strengthen the management of weak links of the power grid, carry out an all-round investigation of transmission and transformation equipment, especially infrared temperature measurement of heavy-load transmission and transformation equipment, and timely detection and elimination of defects. Solidly promote the upgrading and reform of the agricultural network. We will accelerate the elimination of regional low-voltage phenomena and further improve the safe and reliable operation level of the power grid. The second is to protect key projects and people’s livelihood electricity. Adhere to the principle of key points and people’s livelihood, refine and optimize the orderly power consumption plan, and improve the internal orderly electricity early warning and emergency mechanism. The joint government departments issued the “Orderly Electricity Plan for the Peak and Summer” to actively guide customers to avoid peak electricity and fill valleys, so as to ensure the reasonable allocation of power resources. The third is to ensure the safety of the power grid. Persist in “Combination of anti-robbing and prevention”, increase measures, strictly organize, formulate flood control and rescue plans, set up rescue commandos, and carry out flood control and rescue models. It is planned to exercise to improve the emergency response capacity of flood control and rescue. Prepare flood control materials, work equipment, vehicles and communication equipment in advance, register the quantity and storage place of all flood control materials, and set up a special person to keep and check it regularly. Carry out a comprehensive inspection of the waterproofing and lightning protection of substations and the power facilities of key reservoirs, canals and drainage ditches to ensure the safety of the power grid.

On this basis, State Grid Wulian County Power Supply Company has focused on the investigation of hidden dangers of the distribution network, strictly implemented the investigation standards of distribution equipment, compiled the Outline for the Investigation of Hidden Defects of Distribution Equipment, and promoted the standardized investigation of hidden dangers of the distribution network. The distribution equipment of 10 kilovolts and below, including transformers, switches, power cable lines, overhead lines, channels, production auxiliary facilities, etc. shall be carried out by means of data and on-site comparison, power outage and live detection. The hidden dangers of the distribution network shall be divided into critical defects, serious defects and general defects, and the three-level treatment methods shall be taken to immediately, eliminate defects within the specified time, and formulate targeted treatment opinions. It is to ensure that the distribution equipment is always in a safe state. At present, the company has completed the investigation of 810 distribution network racks in the county, and replaced 31 full-load transformers.

View original content:https://www.prnewswire.com/apac/news-releases/state-grid-wulian-county-power-supply-company-make-every-effort-to-investigate-the-hidden-dangers-of-the-distribution-network-flood-control-302218706.html

SOURCE State Grid Wulian County Power Supply Company

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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20 minutes ago

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July 23, 2026

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

Published

20 minutes ago

on

July 23, 2026

By

NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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Fathom Applauds Introduction of the FRONTIER Act, the First Federal Blueprint for Independent AI Verification

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20 minutes ago

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July 23, 2026

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Reps. Lori Trahan (D-MA-03) and Jay Obernolte (R-CA-23) introduce a bill to build a competitive marketplace of independent verifiers for frontier AI models.

WASHINGTON, July 23, 2026 /PRNewswire/ — Fathom welcomes the introduction of the FRONTIER Act, the most complete federal framework yet for independent, third-party verification of frontier AI. The legislation is built to earn public trust as AI technology continues to accelerate. As frontier systems begin to take autonomous action in the world, the gap between what these models can do and our ability to keep them in check is widening. FRONTIER is the starting point to close that gap.

“AI governance keeps running into the same wall. The technology is hard to measure and it moves faster than any law can keep up with,” said Andrew Freedman, Co-Founder and CEO of Fathom. “Trying to write the perfect rules and freezing them in place won’t work. What will work is a competitive market of independent verifiers who are accountable for real-world outcomes and who the government can actually count on. The FRONTIER Act shows we can move fast and still get this right.”

The bill gets the fundamentals correct. It sets one public standard – the adequate mitigation of catastrophic risk – and holds both the AI companies and their independent verifiers accountable to it. FRONTIER does not freeze a single testing method into statute. Instead, it licenses competing verification organizations, allows them to sharpen their methods, and gives the government the power to revoke a license when a verifier’s work does not hold up in the field. That is how you build a system that keeps pace with the science instead of falling behind it.

Fathom thanks Reps. Trahan and Obernolte for their leadership, and for their courage in releasing a discussion draft, inviting scrutiny, and incorporating substantive improvements from across the field. One priority improvement as the bill advances: giving the government a fuller range of tools to act upstream – for pushing companies to close identified gaps in risk mitigation early, rather than only once a catastrophe is imminent. We are committed to working with these sponsors, committees of jurisdiction, and Congressional leadership to continue refining the bill in the weeks and months ahead.

About Fathom
Fathom is an independent nonprofit whose mission is to build a governance architecture that helps society navigate the transition to a world with AI by fostering trust, safety, and innovation. Fathom has developed and championed the independent verification model for AI and works with policymakers across the country to put it into practice. Learn more at http://fathom.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fathom-applauds-introduction-of-the-frontier-act-the-first-federal-blueprint-for-independent-ai-verification-302833546.html

SOURCE Fathom AI Inc.

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