Technology
Cogeco Communications Announces $200 Million Reopening of Senior Secured Notes due 2033
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1 day agoon
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/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./
MONTRÉAL, Aug. 6, 2026 /CNW/ — Cogeco Communications Inc. (TSX: CCA) (“Cogeco Communications” or the “Corporation”) announced today that it has priced an offering of an additional $200 million aggregate principal amount of its 5.299% senior secured notes due February 16, 2033 (the “Notes”).
The Notes will have identical terms (except for their date of issue, issue price, matters relating to the resale restriction and temporary security identifiers) and be fully fungible with and form a single series with the $300 million aggregate principal amount of 5.299% senior secured notes issued by the Corporation on February 16, 2023. The Notes will be issued at a price of 103.966% of their face value (plus accrued interest from February 16, 2026), for a reopening yield of 4.565%.
The Notes are being offered through an agency syndicate consisting of BMO Nesbitt Burns Inc., CIBC World Markets Inc. and National Bank Financial Inc., as joint bookrunners and co-lead managers, and including Merrill Lynch Canada Inc., Desjardins Securities Inc., RBC Dominion Securities Inc., MUFG Securities (Canada), Ltd., TD Securities Inc. and Casgrain & Company Limited, as co-managers.
The offering is expected to close on or about August 10, 2026, subject to customary closing conditions. Cogeco Communications intends to use the net proceeds of the offering to repay existing indebtedness and for other general corporate purposes.
The Notes will be direct and unsubordinated secured debt obligations of Cogeco Communications and will rank equally and pari passu, with all other secured senior indebtedness of Cogeco Communications.
The Notes have been assigned a provisional rating of “BBB (low)” from DBRS Limited (DBRS Morningstar) with a “Stable” trend and a provisional rating of “BBB-” from Standard & Poor’s Ratings Services. The Notes are being offered in Canada on a private placement basis in reliance upon exemptions from the prospectus requirements under applicable securities legislation.
The Notes have not been and will not be qualified for sale to the public under applicable securities laws in Canada and, accordingly, any offer and sale of the Notes in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws. The Notes have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration under, or an applicable exemption from the registration requirements of, the U.S. Securities Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer to sell or a solicitation of an offer to buy any securities in any jurisdiction where it is unlawful to do so.
ABOUT COGECO COMMUNICATIONS INC.
Cogeco Communications Inc. is a leading telecommunications provider committed to bringing people together through powerful communications and entertainment experiences. We provide world-class Internet, wireless, video and wireline phone services to 1.6 million residential and business subscribers in Canada and thirteen states in the United States. Our services are marketed under the Cogeco and oxio brands in Canada, and under the Breezeline and welo brands in the U.S. We take pride in our strong presence in the communities we serve and in our commitment to a sustainable future. Cogeco Communications Inc.’s subordinate voting shares are listed on the Toronto Stock Exchange (TSX: CCA).
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release constitute forward-looking information within the meaning of securities laws. Forward-looking information may relate to Cogeco Communications, future outlook and anticipated events, business, operations, financial performance, financial condition or results and, in some cases, can be identified by terminology such as “may”; “will”; “should”; “expect”; “plan”; “anticipate”; “believe”; “intend”; “estimate”; “predict”; “potential”; “continue”; “foresee”; “ensure” or other similar expressions concerning matters that are not historical facts. Particularly, statements with respect to the offering of Notes and the intended timing and completion thereof, and the expected use of the net proceeds of the offering of Notes, are forward-looking statements. These statements are based on certain factors and assumptions including expected satisfaction or waiver of the conditions to closing the offering of Notes on the expected timeline, which Cogeco Communications believes are reasonable as of the current date. While management considers these assumptions to be reasonable based on information currently available to the Corporation, they may prove to be incorrect. Forward-looking information is also subject to certain factors, including risks and uncertainties that could cause actual results to differ materially from what Cogeco Communications currently expects. These factors include risks such as the failure to satisfy the conditions to the completion of the offering of Notes, as well as general market conditions, competitive risks (including changing competitive and technology ecosystems and disruptive competitive strategies adopted by our competitors), business risks, regulatory risks (including changes in laws or government policies and the impact of regulatory decisions, such as those of the Canadian Radio-television and Telecommunications Commission in Canada or of the Federal Communications Commission in the U.S.), tax risks, technology risks (including the evolution of technology and the threat of cybersecurity), financial risks (including variations in currency and interest rates), economic conditions (including inflation, trade tariffs, reduced consumer spending and increasing costs), talent management risks (including the highly competitive market for a limited pool of digitally skilled employees), human-caused and natural threats to the Corporation’s network (including increased frequency of extreme weather events with the potential to disrupt operations), infrastructure and systems, sustainability and sustainability reporting risks, ethical behavior risks, ownership risks, litigation risks and public health and safety, many of which are beyond the Corporation’s control. For more exhaustive information on these risks and uncertainties, the reader should refer to the “Uncertainties and main risk factors” section of the Corporation’s fiscal 2025 annual Management’s Discussion and Analysis (“MD&A”) and of the fiscal 2026 third-quarter MD&A. The closing of the offering is subject to general market and other conditions and there can be no assurance that the offering will be completed or that the terms of the offering will not be modified. These factors are not intended to represent a complete list of the factors that could affect Cogeco Communications and future events and results may vary significantly from what management currently foresees. The reader should not place undue importance on forward-looking information contained in this press release and the forward-looking statements contained in this press release represent Cogeco Communications’ expectations as of the date of this press release (or as of the date they are otherwise stated to be made) and are subject to change after such date. While management may elect to do so, the Corporation is under no obligation (and expressly disclaims any such obligation) and does not undertake to update or alter this information at any particular time, whether as a result of new information, future events or otherwise, except as required by law. All amounts are stated in Canadian dollars unless otherwise indicated.
INFORMATION:
Patrice Ouimet
Troy Crandall
Chief Financial Officer
Head, Investor Relations
Cogeco Communications Inc.
Cogeco Communications Inc.
(514) 764-4700
(514) 764-4600
SOURCE Cogeco Communications Inc.
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Technology
Malaysia Broadens Diaspora Strategy, Taps Global Malaysian Expertise to Strengthen Local Talent
Published
40 minutes agoon
August 8, 2026By
TalentCorp establishes MyHeart Global Connect, a global advisory council of distinguished Malaysians overseas, to strengthen Malaysia’s talent agenda.
SINGAPORE, Aug. 8, 2026 /PRNewswire/ — Malaysia is broadening its approach to engaging Malaysians overseas, moving beyond a traditional focus on talent return towards a more coordinated national strategy that harnesses global Malaysian expertise to strengthen local talent and national competitiveness.
As part of this next chapter, Talent Corporation Malaysia Berhad (TalentCorp), the strategic think tank under the Ministry of Human Resources (KESUMA), today established MyHeart Global Connect, a global advisory council comprising 15 Malaysians based in 10 countries, during Salam Dari Malaysia @ Singapore.
Officiated by the Minister of Human Resources, YB Dato’ Sri Ramanan Ramakrishnan on 7 August 2026, and attended by H.E. Datin Paduka Anizan Siti Hajjar Adnin, High Commissioner of Malaysia to Singapore, the event brought together 250 Malaysian professionals, entrepreneurs, industry leaders, academics, students and community representatives living and working in Singapore.
Speaking at the event, YB Dato’ Sri Ramanan said Malaysia’s talent ecosystem extends beyond its borders and engaging Malaysians overseas must become a coordinated national effort.
“Malaysia’s talent story does not end at our borders. Malaysians overseas remain an important part of our country’s talent ecosystem. As we strengthen local talent, we must also strengthen our engagement with Malaysians around the world so their expertise, experience and global networks can complement our nation’s development.”
The Minister said the MADANI Government remains committed to building a stronger, more competitive and future-ready workforce through quality jobs, stronger industry collaboration and investments in future skills.
He added that TalentCorp has been tasked to work closely with KESUMA, other ministries and agencies, Malaysian diplomatic missions, industry partners and the Malaysian diaspora to shape the next chapter of Malaysia’s diaspora engagement.
“We already have strong foundations through TalentCorp’s Returning Expert Programme and MyHeart. The next step is to build on those foundations through a more coordinated national approach that enables Malaysians overseas to continue contributing to Malaysia’s development while complementing our efforts to strengthen talent at home,” he said.
MyHeart Global Connect brings together accomplished Malaysians from around the world to provide strategic insights, international perspectives and global networks that support Malaysia’s talent agenda. The council will strengthen collaboration between Government, industry, academia and the Malaysian diaspora, while creating more opportunities for mentorship, knowledge exchange, strategic partnerships and international collaboration.
The initiative complements the Government’s broader efforts to strengthen Malaysia’s competitiveness through initiatives such as the Johor-Singapore Special Economic Zone (JS-SEZ), which aims to attract high-value investments, create quality jobs and expand opportunities for Malaysians.
TalentCorp Group CEO Ms Biruntha Mooruthi said the establishment of MyHeart Global Connect reflects a new chapter in Malaysia’s engagement with its global talent.
“Many Malaysians overseas have built exceptional careers, expertise and international networks. MyHeart Global Connect gives us a structured way to bring that global expertise into national conversations, strengthen collaboration with Government, industry and academia, and ensure it complements the development of talent here at home.”
She added that Singapore remains one of TalentCorp’s strongest diaspora communities, with almost 4,000 Malaysians registered on MyHeart, while also being the largest source of applications under the Returning Expert Programme.
The programme also featured a special sharing session by Malaysian filmmaker Raymond Tan, director of ITAM: A Sun Bear Story, Malaysia’s first feature-length wildlife documentary to receive a nationwide cinema release. As he prepares to return to Malaysia after building his career internationally, Tan shared how global exposure, experience and networks can create new opportunities for Malaysia’s creative ecosystem and inspire the next generation of local talent.
Following the launch, the Minister participated in an open dialogue session with members of the Malaysian community in Singapore, where participants shared ideas and perspectives on strengthening Malaysia’s talent ecosystem and enhancing engagement with Malaysians overseas.
TalentCorp will continue expanding MyHeart Global Connect, working with KESUMA, Government agencies, Malaysian missions abroad, industry, academia and diaspora communities to ensure global Malaysian expertise continues to complement local talent development and contribute meaningfully to Malaysia’s long-term growth and competitiveness.
For more information on MyHeart, visit www.myheart.my
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SOURCE Talent Corporation Malaysia Berhad
Technology
Nth Cycle and Kensington Capital Acquisition Corp. VI Announce Confidential Submission of Draft Registration Statement on Form S-4 With the U.S. Securities and Exchange Commission
Published
5 hours agoon
August 7, 2026By
Nth Cycle is a Pure Play Mineral Refiner for Rare Earths, Copper, and Battery Materials Aiming to Onshore the Critical Mineral Supply Chain with its Proprietary Electroextraction Platform and OYSTER System to Reduce Dependence on Foreign Refiners
Proposed Transaction Implies a Pro Forma Enterprise Value of Approximately $585 Million
BURLINGTON, Mass. and WESTBURY, N.Y., Aug. 7, 2026 /PRNewswire/ — Nth Cycle, Inc. (“Nth Cycle” or the “Company”), a pure-play critical minerals refiner focused on building midstream processing capacity, and Kensington Capital Acquisition Corp. VI (“Kensington”) (NYSE: KCAC.U), a special purpose acquisition company, today announced the confidential submission of a draft registration statement on Form S-4 (the “Registration Statement”) to the U.S. Securities and Exchange Commission (“SEC”).
The Registration Statement relates to the previously announced proposed business combination between Nth Cycle and Kensington. Subject to the completion of the SEC review process and satisfaction of customary closing conditions, including the approval of Kensington’s shareholders, the combined company will be named Nth Cycle Holdings, Inc., and its common stock is expected to be listed on the NYSE under the ticker symbol “NTH.”
Dr. Megan O’Connor, Co-Founder and CEO of Nth Cycle, commented: “This submission represents an important milestone as we advance our efforts to becoming a publicly traded company and to scaling the refining capacity that the U.S. and its allies urgently need. Critical minerals are abundant globally, but carry little commercial value until they are refined, leaving the United States and its partners dependent upon China. We built our modular OYSTER system to mitigate this national security threat while also executing at a lower cost and with less waste than conventional refineries. Partnering with Kensington gives us the opportunity to execute on our mission at the speed these markets demand.”
Justin Mirro, Chairman and CEO of Kensington, added: “Nth Cycle’s OYSTER system delivers a capital-efficient solution to a critical U.S. supply-chain bottleneck and can be deployed wherever refining capacity is needed most. We are partnering with Megan and her team to scale the technology and strengthen America’s critical minerals supply chain.”
The onshoring of critical mineral refining is one of the most important supply chain challenges facing the U.S. economy, with foreign-owned companies controlling 85% of global capacity. Nth Cycle developed a modular refining platform to systematically solve this challenge and create new critical mineral supply chains in the West. Traditional refining requires significant capital, centralized facilities, and extensive permitting. Nth Cycle’s system is designed to reduce capital intensity by upwards of 70%, while building at 5 to 10 times smaller scale with installation and permitting completed within as little as 24 months.
Positioned for the Next Industrial Era, Aligned with Government Policy and Private-Sector Demand
Critical minerals sit at the center of the new industrial economy, and like oil, they hold little value until they are refined. China today controls the purification of roughly 85% of the world’s mineral-rich materials, including feedstock sourced from the United States and Europe. Reducing that concentration has become a national priority across the West, and building domestic refining capacity is among the most direct ways to address it.
Nth Cycle is currently focused on three metal markets where federal policy and private-sector demand are converging: rare earths, which enable military systems and advanced electronics; copper, essential to moving electricity, data, and industrial power; and battery materials, which underpin energy storage, transportation, and electrification. The Company’s OYSTER system and electroextraction platform lower the capital, time, and emissions required to convert industrial scrap, black mass, and primary feeds into refined nickel, cobalt, copper, and rare earth products.
Transaction Overview
The business combination values Nth Cycle at an implied enterprise value of $585 million, assuming no redemptions by Kensington’s shareholders in connection with the closing and the payment of estimated transaction expenses. Transaction proceeds to the combined company are expected to consist of up to $230 million in Kensington’s trust, subject to redemptions, and a common stock PIPE of up to $100 million, of which $40 million has to date been committed by new and existing investors. Additional information about the proposed transaction, including a copy of the Business Combination Agreement and investor presentation, included in a Current Report on Form 8-K filed by Kensington with the SEC on July 22, 2026 and available at www.sec.gov.
Kensington’s units (each of which consists of one Class A ordinary share, one-quarter of one Class 1 warrant and three-quarters of one Class 2 warrant), new units (each of which consists of one Class A ordinary share and three-quarters of one Class 2 warrant) and Class 1 warrants are listed on the New York Stock Exchange under the ticker symbols “KCAC.U,” “KCA.U” and “KCAC.W,” respectively. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment. The new units will not separate into Kensington’s Class A ordinary shares and Class 2 warrants, and Kensington’s Class A ordinary shares and the Class 2 warrants will not trade separately, unless and until consummation of Kensington’s initial business combination.
About Nth Cycle, Inc.
Nth Cycle is a critical minerals midstream refining company building the technology and infrastructure needed for Western supply chains. The company addresses the structural bottleneck of foreign dependence to process domestic critical mineral resources with its modular OYSTER system and proprietary electroextraction platform. Combined, they dramatically lower capital intensity, deployment time and emissions to convert industrial scrap, black mass and primary feeds into intermediate and refined products within the nickel, cobalt, copper and rare earth value chains. These advancements enable the domestic production and allied partnerships vital to industrial competitiveness, economic growth, and national security.
About Kensington Capital Acquisition Corp. VI
Kensington Capital Acquisition Corp. VI (NYSE: KCAC.U) is a special purpose acquisition company (SPAC) led by Chairman and Chief Executive Officer, Justin Mirro, Vice Chairman and President, Dieter Zetsche, Chief Operating Officer, Robert Remenar, Chief Technology Officer, Simon Boag and Chief Financial Officer, Daniel Huber. Kensington’s independent directors are William Kassling, Anders Pettersson, Mitchell Quain, Donald Runkle and Matthew Simoncini.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain statements that are not historical facts but may be considered “forward-looking statements” within the meaning of Section 27(a) of the Securities Act of 1933 and Section 21(e) of the Securities Exchange Act of 1934. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” or the negatives of these terms or variations of them or similar terminology or expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding future events, the business combination, the estimated or anticipated future results and benefits of the combined company (“New Nth Cycle”) following the business combination (the “Business Combination”), including the likelihood and ability of the parties to successfully consummate the Business Combination, future opportunities for New Nth Cycle and other statements that are not historical facts.
These statements are based on the current expectations of the management of Kensington and/or Nth Cycle and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Kensington and Nth Cycle. These statements are subject to a number of risks and uncertainties regarding Nth Cycle’s business and the Business Combination, and actual results may differ materially. These risks and uncertainties include, but are not limited to: general economic, political and business conditions; the inability of the parties to consummate the Business Combination or the occurrence of any event, change or other circumstances that could give rise to the termination of the business combination agreement (the “Business Combination Agreement”); the number of redemption requests made by shareholders of Kensington in connection with the Business Combination; the ultimate size of the PIPE conducted in connection with the Business Combination; the outcome of any legal proceedings that may be instituted against the parties following the announcement of the Business Combination; the risk that the approval of the shareholders of Nth Cycle or Kensington for the Business Combination is not obtained; failure to realize the anticipated benefits of the Business Combination, including as a result of a delay in consummating the potential transaction; the risk that the Business Combination disrupts current plans and operations as a result of the announcement and consummation of the Business Combination; the risks related to the rollout of the business of Nth Cycle and the timing of expected business milestones; the effects of competition on Nth Cycle’s business; the ability of New Nth Cycle to execute its growth strategy and secure sufficient capital to execute its growth strategy, manage growth profitably and retain its key employees; the ability of New Nth Cycle to obtain or maintain the listing of its securities on a U.S. national securities exchange following the Business Combination; costs related to the Business Combination; and other risks that will be detailed from time to time in filings with the SEC. The foregoing list of risk factors is not exhaustive. There may be additional risks that Kensington and Nth Cycle presently do not know or that Kensington and Nth Cycle currently believe are immaterial that could also cause actual results to differ from those contained in forward-looking statements. In addition, forward-looking statements provide Kensington’s and Nth Cycle’s expectations, plans or forecasts of future events and views as of the date of this press release. Kensington and Nth Cycle anticipate that subsequent events and developments will cause their assessments to change. However, while Kensington and Nth Cycle may elect to update these forward-looking statements in the future, Kensington and Nth Cycle specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Kensington’s or Nth Cycle’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Nothing herein should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or results of such forward-looking statements will be achieved. This press release contains preliminary information only, is subject to change at any time, and is not, and should not be assumed to be, complete or constitute all of the information necessary to adequately make an informed decision regarding any potential investment in connection with the Business Combination.
Important Information for Investors and Shareholders
The Business Combination will be submitted to shareholders of Kensington for their consideration. In connection with the Business Combination, Kensington intends to file a Registration Statement with the SEC (the “Registration Statement”), which will include a proxy statement/prospectus and certain other related documents, which will serve as both the proxy statement to be distributed to shareholders of Kensington in connection with its solicitation for proxies for the vote by its shareholders in connection with the Business Combination and other matters to be described in the Registration Statement, as well as the prospectus relating to the offer and sale of the securities to be issued to securityholders of Kensington and securityholders of Nth Cycle in connection with the completion of the Business Combination. After the Registration Statement is declared effective, Kensington will mail a definitive proxy statement and other relevant documents to its shareholders as of the record date established for voting on the Business Combination. This press release is not a substitute for the Registration Statement, the definitive proxy statement/prospectus or any other document that Kensington will send to its shareholders in connection with the Business Combination.
INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ, WHEN AVAILABLE, THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION AND THE PARTIES TO THE BUSINESS COMBINATION. Investors and security holders will be able to obtain copies of these documents (if and when available) and other documents filed with the SEC free of charge at www.sec.gov. The definitive proxy statement/final prospectus (if and when available) will be mailed to shareholders of Kensington as of a record date to be established for voting on the Business Combination. Shareholders of Kensington will also be able to obtain copies of the proxy statement/prospectus without charge, once available, by directing a request to: Kensington Capital Acquisition Corp. VI, 1400 Old Country Road, Suite 301, Westbury, NY 11590.
Participants in the Solicitation
Kensington and its directors, executive officers, and other members of management, and consultants, under SEC rules, may be deemed participants in the solicitation of proxies from Kensington’s shareholders with respect to the Business Combination. Information about the directors and executive officers of Kensington is set forth in its Registration Statement on Form S-1, as amended. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the Registration Statement and other relevant materials to be filed with the SEC regarding the Business Combination and related transactions when they become available. Stockholders, potential investors and other interested persons should read the Registration Statement carefully when it becomes available before making any voting or investment decisions. When available, these documents can be obtained free of charge from the sources indicated above.
Nth Cycle, its directors, executive officers, other members of management, and employees, under SEC rules, may be deemed participants in the solicitation of proxies of Kensington’s shareholders in connection with the Business Combination. A list of the names of such directors and executive officers and information regarding their interests in the Business Combination will be included in the Registration Statement when available.
No Offer or Solicitation
This document shall not constitute a “solicitation” as defined in Section 14 of the Securities Exchange Act of 1934, as amended. This document shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Proposed Business Combination shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.
Investor Relations Contact:
Alpha IR Group
Jackie Marcus
617-466-9257
NTH@alpha-ir.com
Media Relations Contact:
Alpha Advisory Group
Elizabeth Castro
312-445-2874
NTH@alpha-ir.com
Kensington:
Dan Huber
Chief Financial Officer
703-674-6514
dan@kensington-cap.com
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SOURCE Kensington Capital Acquisition Corp. VI
Technology
MONTERA INFRASTRUCTURE SUPPORTS GOVERNOR ABBOTT’S STANDARDS FOR RESPONSIBLE DATA CENTER GROWTH IN TEXAS
Published
5 hours agoon
August 7, 2026By
Company affirms commitment to transparency, responsible resource planning and long-term protections for Texas communities and ratepayers
HOUSTON, Aug. 7, 2026 /PRNewswire/ — Montera Infrastructure, an engineering-led developer, owner and operator of hyperscale data centers, today affirmed its support for Texas Governor Greg Abbott’s call for clear standards and greater transparency around data center development in the state.
In a letter to Governor Abbott, Montera Founder and CEO Eanna Murphy confirmed the company’s commitment to meeting the standards outlined by the Governor, including transparency around power use, water consumption and community impact. Montera will provide the disclosures required through the state’s review process and supports annual reporting of electricity and water use to the Public Utility Commission of Texas.
“Texas has an opportunity to lead the nation in responsible data center growth while strengthening its position as a leading technology hub,” said Murphy. “That growth must strengthen grid reliability, protect ratepayers and earn the trust of Texas communities. Montera is committed to being part of that outcome and to building projects Texans can stand behind.”
Montera’s approach to responsible infrastructure begins at the design stage. Its data centers use closed-loop water systems to minimize the use of local water supplies for cooling, while site designs incorporate setbacks and noise mitigation measures to protect neighboring communities. Montera also funds the full cost of its own interconnection agreements so its developments do not add those costs to residential utility bills.
These commitments reflect Montera’s broader owner-operator approach: taking responsibility for infrastructure from site selection and power strategy through development and long-term operations. Responsible power and resource planning, community partnerships and lifecycle accountability are integral to how the company develops hyperscale infrastructure.
Montera also supports the PUCT and ERCOT moving swiftly through the review process to distinguish committed, development-ready projects from speculative proposals.
“We welcome rigorous and transparent standards,” Murphy added. “Responsible development requires certainty for communities, utilities, customers and developers. Our commitments around power, water and community impact are built into our projects from the start.”
Montera welcomes the opportunity to provide an early, complete submission as the review progresses and to demonstrate responsible data center development in practice.
Montera is backed by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximately $87 billion of assets under management. Montera’s leadership team is comprised of industry leaders with extensive experience at leading data center operators and hyperscale companies, including Google, Oracle, Equinix and Yondr. Together, they have delivered 8+ GW of data center facilities to market.
About Montera Infrastructure
Founder-led and backed by Stonepeak, Montera is charting the new frontier of digital infrastructure, driven by a future-focused vision: to build and lease space in hyperscale data centers essential for tomorrow’s technology. Our team brings decades of experience in infrastructure development and operations, focusing on accelerating growth and setting new benchmarks for performance and reliability in North America. For more information, please visit www.montera.com.
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SOURCE Montera
Malaysia Broadens Diaspora Strategy, Taps Global Malaysian Expertise to Strengthen Local Talent
Nth Cycle and Kensington Capital Acquisition Corp. VI Announce Confidential Submission of Draft Registration Statement on Form S-4 With the U.S. Securities and Exchange Commission
MONTERA INFRASTRUCTURE SUPPORTS GOVERNOR ABBOTT’S STANDARDS FOR RESPONSIBLE DATA CENTER GROWTH IN TEXAS
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