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PowerHouse Scales Up in the Southwest, Adding Top-Tier Development Team

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MCLEAN, Va., April 2, 2025 /PRNewswire/ — Continuing its impressive growth streak in Dallas and Reno, PowerHouse Data Centers has enhanced its leadership team with the strategic addition of Dallas-based Jeff Parsons as Senior Vice President, Development & Construction. Parsons will lead its premier best-in-class team in the Southwest region, driving development and expanding PowerHouse’s presence in this key market.

Parsons, a Texas A&M graduate with over 30 years of operational and technical experience, is recognized as one of the industry’s top construction and development leaders and ideally suited to spearhead PowerHouse’s continued Southwest expansion. He spent over a decade at DPR Construction leading high-profile projects and was instrumental in scaling operations and establishing a strong regional presence, overseeing a construction team of 800 people.  Known for his strategic acumen, collaborative mindset, and ability to develop high-performing teams, Parsons brings a comprehensive understanding of the Southwest market. His addition further cements PowerHouse’s expansion strategy, reinforcing its ability to scale efficiently while maintaining the speed and precision hyperscale clients expect.

“Jeff’s leadership experience, extensive industry relationships, and track record of delivering sophisticated, mission-critical data centers on time and budget make him the ideal leader to drive our Southwest expansion,” said Doug Fleit, Co-founder and CEO of Powerhouse Data Centers. “We take a very focused and precise approach to our data center development, and Jeff’s attention to detail and leadership will continue to strengthen PowerHouse’s ability to serve the needs of hyperscale users in a very rapidly growing Southwest market.”  

With its Southwest leadership team, PowerHouse builds on its success in six major U.S. markets to deliver scalable capacity where hyperscalers need it most.

A Team Built to Lead and Shape the Future 

Reporting directly to Luke Kipfer, PowerHouse’s Managing Director, Parsons rounds out the firm’s exceptional leadership team, and works in parallel with Pete McGrath, Senior Vice President, Development & Construction for the Northeast, aligning national strategies to support PowerHouse’s continued expansion.

With Parsons at the helm, the Southwest team collaborates closely with Karen Petersburg, Vice President, Development & Construction, who has been instrumental in expanding PowerHouse’s footprint in the Southwest, with sites in Reno and Texas. Petersburg, who also leads Sustainability and ESG initiatives for PowerHouse, will continue driving sustainability efforts in the company’s growing portfolio.

Surrounding Parsons is a team of seasoned professionals with rich expertise in large-scale data center development, including

BK Hatcher, Director Data Center Development & Construction, brings over a decade of experience in mission-critical development, having overseen large-scale data center projects exceeding 300 MW. Before joining PowerHouse, he served as Senior Project Manager at Worldwide Mission Critical, where he led end-to-end development of multi-building campuses for some of the world’s largest cloud and colocation providers. Hatcher’s expertise in site selection, budgeting, and large-scale execution positions PowerHouse to seamlessly deliver complex projects across the Southwest.Jeff Tharp, Director Data Center Development & Construction, has delivered 200+ MW of hyperscale capacity throughout his 11-year career in the industry. As a Senior Project Manager at McCarthy Building Companies, he played an important role in executing high-density data centers for leading hyperscalers, ensuring cost efficiency, schedule certainty and technical precision. His experience in construction management and multi-site coordination adds to PowerHouse’s ability to execute at scale.Zac Vincent, Assistant Project Manager, specializes in modular and prefabricated construction, a critical component of modern hyperscale deployment. Previously with Holder Construction, he led the development of an industry-first modular data center program and managed $138 million in electrical subcontracts—all delivered on time and under budget. His focus on efficiency and innovation will further enhance PowerHouse’s ability to provide fast, scalable data center solutions.

“PowerHouse’s team is a world class group of highly experienced professionals, developing both mid-sized and large scale campuses, raising the bar for rapid data center development,” said Luke Kipfer, Managing Director of PowerHouse Data Centers. “This team has led some of the most complex hyperscale developments for the biggest names in the industry. Their expertise ensures we deliver with precision, and at the highest standards.”

About PowerHouse Data Centers 
PowerHouse Data Centers, a wholly owned division of American Real Estate Partners (AREP), is a developer and owner of next-generation data centers and provides technical real estate solutions for hyperscalers across the country. Starting in Northern Virginia’s Data Center Alley, the world’s largest data center market, before strategically expanding to key markets across the United States, PowerHouse owns its land sites, offering unparalleled fast-track approvals and zoning approvals in its full suite of development services. As an industry disruptor, PowerHouse provides flexible next-generation data center models with the quickest speed to market of any data center while meeting hyperscalers’ growing market, data, utility, and space demands. The company has 87 buildings and 25.5M sq. ft. currently in planning, underway or completed, representing over 5.9 GW of power in six major US markets. Operating as the data center division of AREP, PowerHouse is uniquely positioned as a leader in world-class data center development. With some of the industry’s deepest real estate relationships, PowerHouse leverages its strategic joint venture partnerships, proven leadership, and best-in-class technical expertise to deliver innovative real estate solutions nationwide. Visit our newsroom for more information, and follow us on LinkedIn, YouTube, and X.

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SOURCE PowerHouse Data Centers

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BCE reports results of Series S and T preferred share conversions

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October 19, 2026

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MONTRÉAL, Oct. 19, 2026 /CNW/ — BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that 400 of its 4,798,333 fixed-rate Cumulative Redeemable First Preferred Shares, Series T (“Series T Preferred Shares”) have been tendered for conversion on November 2, 2026, on a one-for-one basis, into floating-rate Cumulative Redeemable First Preferred Shares, Series S (“Series S Preferred Shares”). In addition, 676,765 of its 1,866,877 Series S Preferred Shares have been tendered for conversion on November 2, 2026, on a one-for-one basis, into Series T Preferred Shares. Consequently, on November 2, 2026, BCE will have 5,474,698 Series T Preferred Shares and 1,190,512 Series S Preferred Shares issued and outstanding. The Series T Preferred Shares and the Series S Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbols BCE.PR.T and BCE.PR.S, respectively.

The Series T Preferred Shares will pay on a quarterly basis, for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE, a fixed cash dividend based on an annual fixed dividend rate of 5.523%.

The Series S Preferred Shares will continue to pay a monthly floating adjustable cash dividend for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE. The monthly floating adjustable dividend for any particular month will continue to be calculated based on the prime rate for such month and using the Designated Percentage for such month representing the sum of an adjustment factor (based on the market price of the Series S Preferred Shares in the preceding month) and the Designated Percentage for the preceding month.

About BCE
BCE is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.

1 Based on total revenue and total combined customer connections.

Media inquiries:
Ellen Murphy
media@bell.ca

Investor inquiries:
Krishna Somers
krishna.somers@bell.ca

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SOURCE BCE Inc.

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3M announces collaboration with GSEO to advance Expanded Beam Optical manufacturing and development

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October 19, 2026

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ST. PAUL, Minn., Oct. 19, 2026 /PRNewswire/ — 3M (NYSE: MMM) today announced a collaboration with Genius Electronic Optical Co., Ltd. (GSEO, Taiwan: 3406), an optical technology company, to advance technology development and manufacturing for 3M’s Expanded Beam Optical (EBO) solutions. In support of these efforts, 3M expects to make a strategic investment to acquire approximately 4.7% of GSEO’s common shares as part of the company’s private placement of newly issued shares, subject to customary closing conditions.

The collaboration brings together 3M’s EBO technology leadership, optical interconnect expertise, materials science, manufacturing scale and customer relationships with GSEO’s precision optics manufacturing capabilities and production scale. Together, the companies aim to support EBO commercialization and long-term capacity expansion to meet growing demand from hyperscale data centers and other advanced connectivity applications.

“3M is investing in capabilities and partnerships that can accelerate innovation for our customers,” said William Brown, 3M Chairman and CEO. “By selecting GSEO as a manufacturing partner and investing in the company, we are strengthening the path to scale next-generation optical connectivity solutions for high-performance data center infrastructure.”

GSEO’s existing precision optics manufacturing capabilities and technical development experience are expected to support manufacturing readiness for 3M’s EBO ferrules, co-packaged optics solutions and related optical interconnect applications. The collaboration is part of 3M’s broader EBO ecosystem strategy, which includes continued work with customers and partners across the optical interconnect market.

“GSEO is pleased to expand its relationship with 3M as we work together to advance optical interconnect solutions for next-generation data center infrastructure,” said Micro Kuo, GSEO CEO and President. “This collaboration brings together complementary technology and manufacturing strengths to support continued innovation and help meet the performance demands of high-growth connectivity markets.”

3M expects the strategic investment to close in the fourth quarter of 2026, subject to customary closing conditions.

Forward-Looking Statements
Certain statements in this release are considered “forward-looking statements” under the federal securities laws, including the Private Securities Litigation Reform Act of 1995, as amended, and are intended to enjoy the protection of those laws. Forward-looking statements may appear throughout this release and are typically identified by the words “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “evaluate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “impact,” “initial,” “intend,” “likely,” “may,” “outlook,” “plan,” “possible,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and other words that are similar to, or have the opposite meanings of, those words. Forward-looking statements speak only as of the date they are made, 3M assumes no duty to update those statements, and readers are cautioned not to place undue reliance on any of those statements. Forward-looking statements are based on certain assumptions and expectations of future events and trends that are subject to risks and uncertainties, including those described in Part I, Item 1A, “Risk Factors” of 3M’s Form 10-K for the year ended December 31, 2025.

About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Contacts
3M
Investor Contact:
Diane Farrow, 612-202-2449
Media Contact:
3MNews@mmm.com 

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SOURCE 3M Company

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Scott Vicknair Personal Injury Lawyers Announces Second Annual Operation Fur-Ever Home Pet Adoption Event at Lafreniere Park

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October 19, 2026

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NEW ORLEANS, Oct. 19, 2026 /PRNewswire/ — Scott Vicknair Personal Injury Lawyers is excited to announce the return of its second annual Operation Fur-Ever Home, a free community pet adoption event taking place on Saturday, November 14, 2026, from 9:00 a.m. to 11:00 a.m. at Lafreniere Park in Metairie, Louisiana.

The free, family-friendly event will give attendees the opportunity to meet adoptable pets from local animal shelters, learn about responsible pet ownership, and potentially welcome a new furry companion into their homes. Those who preregister for the event will also be entered for a chance to win a Soundcore speaker and a free pet adoption.

“Last year’s event was everything we hoped it would be, and we are incredibly excited to bring Operation Fur-Ever Home back for a second year,” said David Vicknair, founding partner of Scott Vicknair Personal Injury Lawyers. “There is something special about watching a family meet a pet that could become part of their lives for years to come. We wanted to create another opportunity to make those connections while supporting the organizations that work tirelessly to care for animals in our community.”

Building on the success of the first event, this year’s event continues the firm’s commitment to supporting local animal shelters and creating meaningful opportunities for families throughout Southeast Louisiana.

“Giving back to our community has always been an important part of who we are as a firm,” said Vicknair. “Whether we are helping students prepare for school, recognizing deserving teachers, or supporting local animal shelters, our goal is to make a positive difference in the communities we serve.”

Operation Fur-Ever Home is free and open to the public. Families, animal lovers, and anyone interested in adopting a pet are encouraged to attend and preregister.

About Scott Vicknair Personal Injury Lawyers

Scott Vicknair Personal Injury Lawyers is a New Orleans-based personal injury firm committed to providing exceptional legal representation while also investing in the communities it serves. Their experienced team of dedicated attorneys specializes in car accidents, personal injury, and wrongful death cases in New Orleans. With diverse personal and professional backgrounds, they craft legal strategies tailored to each client’s specific case and needs.

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SOURCE Scott Vicknair Personal Injury Lawyers

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