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Kern Energy Announces Hydrogen Storage, Utilization and Decarbonization Initiative at Bakersfield Refinery, Partners with Claire Technologies & HyAxiom for Pioneering Collaboration

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First-of-its-Kind Collaboration Couples Existing Infrastructure with New Technology Advancing Innovating Strategies to Producing Lower Carbon Transportation Fuels

BAKERSFIELD, Calif., Feb. 25, 2025 /PRNewswire/ — Kern Energy is announcing a significant investment in its Bakersfield, CA refinery, reducing its carbon footprint while improving efficiency with Claire Technologies’ hydrogen storage and release system alongside seven HyAxiom, Inc. hydrogen-powered fuel cells. Building on its 90-year history as a renewable fuel pioneer producing California gasoline and diesel, Kern Energy is spearheading this first-in-kind project that will reclaim, store and utilize co-produced hydrogen. 

HyAxiom will provide its commercially proven fuel cell capable of operating on 100% co-produced hydrogen.

“Kern Energy is proud of our long history of innovation, leveraging existing infrastructure and talent toward tackling the challenges of climate change,” said Jennifer Haley, President & CEO of Kern Energy. “This project embodies our all-of-the-above approach to achieving climate goals—collaborating with forward-thinking partners to empower Kern Energy to reliably and affordably supply the fuels our state needs today, while serving as a catalyst and incubator for transformative technology that will shape the fuels of tomorrow. California is poised to be the national leader in clean new hydrogen technologies and Kern Energy is proud to do our part.” 

A global leader in fuel cell technology providing power and heat for commercial and industrial uses, HyAxiom will provide its commercially proven fuel cell capable of operating on 100% co-produced hydrogen, producing up to 3 MW of zero-emission electricity to the refinery. “The installation of HyAxiom’s hydrogen-powered fuel cells at Kern Energy’s refining facility represents a transformative step forward in clean energy innovation,” said Doo Soon Lee, CEO of HyAxiom, Inc. “As demonstrated by over 70 MW of the 100% direct hydrogen-powered fuel cells in operation globally, we will deliver resilient, emission-free electricity while supporting the decarbonization of critical industries like refining. We are proud to play a role in advancing the use of hydrogen as a key solution for achieving a more sustainable energy future in the Americas.” 

Incorporating Claire Technologies’ patented system, the project will also store hydrogen in a stable liquid form, making it available for on-demand release to serve other processes within refinery operations when needed. “We are delighted to partner with Kern Energy and HyAxiom to demonstrate our ability to store hydrogen in existing tankage which can then be released on demand using Claire’s proprietary EzH2TM technology. This opens the door for large-scale energy storage to be achieved using existing refinery facilities,” said Paul Allinson, Founder of Claire Technologies. “This collaboration marks a significant milestone in the pursuit of advancing clean energy technologies and revolutionizing hydrogen storage at ambient conditions in the energy industry.”  

The project, expected to come online in 2027, is the latest in Kern Energy’s efforts to drive innovative solutions that will make our work, our fuels, and our communities safer, cleaner and healthier. 

MEDIA CONTACTS:

Kern Energy
Brooke Holland 
+1 (661) 845-0761
bholland@kernenergy.com

Claire Technologies
Chris Goff
chris.goff@clairetechnologies.com

HyAxiom, Inc.
Joanne Grybosh
+1 (860) 500-0060
joanne.grybosh@doosan.com

About Kern Energy

Kern Energy is an independent, family-owned and operated company powered by a team of more than 200. As the only refiner between San Francisco and Los Angeles producing gasoline and diesel, Kern Energy is a critical California supplier producing approximately one percent of California’s gasoline and three percent of its diesel, all while meeting some of the world’s most stringent fuel standards. A renewable fuel pioneer, Kern Energy became the second refinery in the U.S. to produce renewable diesel by co-processing bio-feed in 2009 and was the first small refiner in California to blend biodiesel in 2012. 

For more information, please visit www.kernenergy.com and follow us on LinkedIn. 

About HyAxiom, Inc.

Based in Connecticut, HyAxiom, Inc. is a leading global fuel cell and hydrogen solutions provider enabling reliable, cost-competitive and carbon-free energy sources for industrial and commercial uses. Building upon decades of experience in fuel cell development, HyAxiom’s mission is to accelerate a sustainable energy future by delivering a full spectrum of hydrogen solutions including fuel cells for both stationary and mobility applications as well as electrolyzers for hydrogen production. As a core technology provider, HyAxiom is a key pillar in the Doosan Group’s hydrogen vision. 

For more information, visit the HyAxiom website and follow us on LinkedIn.  

About Claire Technologies 

Claire Technologies provides low carbon solutions that use hydrogen instead of diesel fuel to power heavy modes of transportation, reduce carbon emissions in processing facilities and economically store significant amounts of power for indefinite periods of time.  Claire’s proprietary integrated technology system that produces EzH2, a patented bimodal product, will offer price-competitive energy solutions that eliminates or significantly reduces emissions. Claire plans to deploy low carbon solutions in the market by the end of 2027. 

For more information, visit www.Clairetechnologies.com and follow us on LinkedIn

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SOURCE HyAxiom, Inc.; Kern Energy

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Killam Apartment REIT Announces 2026 GRESB Score

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HALIFAX, NS, Oct. 6, 2026 /CNW/ — Killam Apartment REIT (TSX: KMP.UN) (“Killam”) today announced its 2026 GRESB score, based on the 2025 reporting year. Killam achieved a score of 83.9 out of a maximum possible 100 for its standing investments, representing a 2.2-point year-over-year improvement in its environmental, social, and governance (ESG) performance.

“Sustainability has long been embedded in how we operate, invest capital, and plan for the future,” said Philip Fraser, President and CEO. “We approach ESG the same way we approach all our business decisions, with a focus on long-term performance, accountability, and doing the right thing.”

Killam’s key initiatives contributing to this achievement include:

Energy and Emissions Reductions: Achieved year-over-year reductions in energy consumption and greenhouse gas emissions across the portfolio.Renewable Energy Installations: Installed solar photovoltaic (PV) systems at 13 additional buildings during the year, increasing on-site renewable energy generation capacity.Waste Management Improvements: Improved recycling practices through participation in a voluntary recycling program in New Brunswick.

For more information about Killam’s ESG initiatives, visit https://www.killamreit.com/esg-overview.

About Killam

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada’s largest residential real estate investment trusts, owning, operating, managing and developing a $5.6 billion portfolio of apartments and manufactured home communities. Killam’s long-term strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations, 2) expanding the portfolio and diversifying geographically through accretive acquisitions that target newer properties and through the disposition of non-core assets, and 3) developing high-quality properties in its core markets.

About GRESB

GRESB is an industry-driven organization that assesses ESG performance of real assets globally. Its annual benchmark provides standardized and validated data to investors and stakeholders, enabling transparency and accountability in sustainability practices.

Note: The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein. Certain statements in this press release may constitute forward-looking statements, including statements regarding embedding sustainability into Killam’s operations, investment and future planning; Killam’s focus on long-term performance, accountability and doing the right thing; and Killam’s priorities.

Readers should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those anticipated or implied, or those suggested by any forward-looking statements, including: the effects and duration of local, international and global events, any government responses thereto and the effectiveness of measures intended to mitigate any impacts thereof; competition; government legislation and the interpretation and enforcement thereof; litigation to which Killam may be subject; global, national and regional economic conditions (including interest rates and inflation); the availability of capital to fund further investments in Killam’s business; and other factors identified under the “Risk Factors” section of Killam’s most recently filed annual information form, under the “Risks and Uncertainties” section of Killam’s most recently filed MD&A, and in other documents Killam files from time to time with securities regulatory authorities in Canada, each of which is available on SEDAR+ at www.sedarplus.ca. Killam does not intend to update or revise any forward-looking statement, whether as a result of new information, future events, circumstances, or otherwise, except as required by law. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

For information, please contact:
Claire Hawksworth, CPA
Senior Manager, Investor Relations
chawksworth@killamreit.com
(902) 442-5322

SOURCE Killam Apartment Real Estate Investment Trust

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ChatIQ Leads S&P Global’s Latest Capital IQ Pro Update with Expanded AI-Powered Research Capabilities

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New platform capabilities bring AI deeper into research and modeling workflows while expanding analytics across valuation, credit and global markets.

NEW YORK, Oct. 6, 2026 /PRNewswire/ — S&P Global (NYSE: SPGI) today announced the latest updates to S&P Capital IQ Pro, led by an expanded ChatIQ experience that brings conversational AI deeper into the platform. The enhanced ChatIQ helps financial professionals ask natural-language questions and quickly access S&P Global data and insights in one place.

ChatIQ brings multi-source analysis, screening and charting into a single conversational experience. Users can ask questions across company, market, credit and economic data, alongside financial documents, news and research, helping them spend less time moving between tools and more time analyzing reliable information.

“S&P Global continues to evolve around the ways clients research, analyze and collaborate,” said Whit McGraw, Head of Platforms at S&P Global Market Intelligence. “With the expanded ChatIQ experience, we are making AI a more natural part of the Capital IQ Pro workflow by combining conversational access with the depth, quality and transparency clients expect from S&P Global.”

Key Capital IQ Pro Updates

The latest Capital IQ Pro release brings AI-powered research, modeling and presentation tools together with expanded data and analytics across valuation, private markets, fixed income, credit and broader market use cases.

AI-powered workflows: ChatIQ Spreadsheets introduces an AI-powered Excel modeling assistant for model building, review and analysis with refreshable Capital IQ Pro formulas, while ChatIQ Presentations, now available in Labs, helps users create data-driven PowerPoint slides using Capital IQ Pro data.Valuation and financial analysis: New Discounted Cash Flow analysis, customizable Total Enterprise Value calculations, point-in-time trading comparables and improved export capabilities support more flexible company valuation workflows.Private markets: A new custom benchmarking tool from With Intelligence helps users create tailored private market benchmarks and compare fund performance using key metrics.Fixed income: Integration of Markit’s Global Sector Curves and a new Rate Profile page provide deeper visibility into global bond markets, pricing trends and tenor-level analysis.Credit analysis: Redesigned RatingsDirect corporate and sector profiles, expanded insurance analytics and Credit Memo Builder enhancements improve access to relevant credit information, source transparency and consistency across the credit review process.Data coverage: Additional enhancements across banking, energy, insurance, macroeconomic data, private companies, sustainability, news and alerts expand the platform’s content coverage and usability.Portfolio insights: AI-powered Portfolio Insights, now in beta, helps users identify drivers of portfolio return and connect performance with relevant market developments, news, events and earnings context.

The updates are part of S&P Global Market Intelligence’s broader strategy for Capital IQ Pro, which brings together reliable data, AI-powered tools and connected experiences to support financial professionals across research, analysis and decision-making and help them uncover value across global markets.

For more information on S&P Capital IQ Pro, please see here.

To learn more about Artificial Intelligence at S&P Global, please visit here.

Media Contacts:

Orla O’Brien
S&P Global
+1 857-407-8559
orla.obrien@spglobal.com   

Florence Bogitsh
S&P Global Market Intelligence
+1 646 460-7204
florence.bogitsh@spglobal.com 
press.mi@spglobal.com  

About S&P Global
S&P Global (NYSE: SPGI) enables businesses, governments, and individuals with trusted data, expertise and technology to make decisions with conviction. We are Advancing Essential Intelligence through world-leading benchmarks, data, and insights that customers need in order to plan confidently, act decisively and thrive in a rapidly changing global landscape.

From helping our customers assess new investments across the capital and commodities markets to navigating the energy expansion, acceleration of artificial intelligence, and evolution of public and private markets, we enable the world’s leading organizations to unlock opportunities, solve challenges and plan for tomorrow – today. Learn more at www.spglobal.com.

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SOURCE S&P Global

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Strategic Buyer Acquires Florida MSP as Demand Rises for Managed IT Services

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Deal Facilitated by Viking Mergers & Acquisitions

TAMPA, Fla., Oct. 6, 2026 /PRNewswire/ — A managed IT and cybersecurity services provider serving small and mid-sized businesses in Florida has been acquired by a strategic buyer, bringing together complementary IT industry expertise and further building upon a platform for continued growth.

“Delivering outcomes like this for business owners is what drives our Florida team,” said Larry Lawson II, President, Viking Florida Division. “Tripp, Jacob, and Dylan guided every step of this process and brought together a seller and buyer well-positioned for long-term success.”

For over 15 years, the company has grown from a traditional Managed Services Provider (MSP) into a full Managed Security Services Provider (MSSP). Built as a business known for responsiveness, personalized service, and security solutions tailored to each client, much of the company’s growth came through referrals and long-term client relationships, supported by an experienced team that manages day-to-day service delivery. The company’s clients include non-profit organizations, law firms, and family-owned medical practices that rely on responsive, security-focused IT support.

The buyer is an established managed IT services provider with a multi-state footprint, already serving nonprofit, financial, and healthcare clients. Together, the shared focus on IT services and preserving the legacy of the companies they acquire created a strong strategic fit, positioning the business for continued growth in Florida and nationwide.

The transaction was facilitated by the Viking Mergers & Acquisitions team: Larry “Tripp” Lawson III, Partner, Jacob Middleton, Associate Partner, and Dylan Bradley, Associate Advisor, who represented the seller throughout the sale process. From engagement to close, the transaction took approximately six months, reflecting growing buyer demand for IT solutions companies in the lower-middle market.

“We ran a disciplined process, kept the right buyers at the table, and gave our client real choices. That’s what made the difference here,” said Tripp Lawson. “We’re proud to have delivered a smooth transition for the seller, their team, and the company’s clients.”

About Viking Mergers and Acquisitions Florida Division
Viking Mergers & Acquisitions, with offices strategically located throughout Florida, supports business owners with annual revenues ranging from $2M to $250M. Viking offers complimentary business valuation services, ongoing valuation updates, and comprehensive exit planning and strategy for small and middle-market business owners.

As one of the largest and most successful mergers and acquisitions firms in the United States, Viking is headquartered in Tampa, FL, and Charlotte, NC. The firm has offices strategically positioned across the U.S., providing exceptional brokerage services as well as mergers & acquisitions advisory work. Over the past three decades, Viking has successfully sold over 950 businesses, achieving a closing ratio of nearly four times the industry average. Viking consistently maintains an impressive 85% closing rate, securing sellers an average of 96% of their asking price.

Visit https://www.vikingmerger.com to request a confidential, complimentary business valuation or to access more information regarding selling or buying a business. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/strategic-buyer-acquires-florida-msp-as-demand-rises-for-managed-it-services-302900302.html

SOURCE Viking Mergers & Acquisitions

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