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GlassPoint and MISA unveil the next phase of development for the GlassPoint Ma’aden Technology Showcase

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Leader in decarbonizing industrial process heat also teams with Cox as technical and delivery partner to build the world’s largest industrial solar thermal project

RIYADH, Saudi Arabia, Nov. 26, 2024 /PRNewswire/ — GlassPoint, the leader in decarbonizing industrial process heat, today unveiled the next phase of development for the GlassPoint Ma’aden Technology Showcase (GMTS) in partnership with the Ministry of Investment of Saudi Arabia (MISA). In addition, GlassPoint has partnered with Cox as its technical and delivery partner to build the GMTS, as well as several additional solar thermal projects globally. The GMTS is the first stage in building the world’s largest industrial solar thermal project, Ma’aden I, a $1.5B project which will combine direct solar to heat technology with advanced thermal storage to accelerate the decarbonizing of Ma’aden’s aluminum supply chain.

To support these projects for Ma’aden and to export high technology renewable energy components to the region, Glasspoint and MISA will be constructing a state-of-the-art solar manufacturing facility in the Kingdom.

H. E. Khalid Al-Falih, the Saudi Minister of Investment, stated: “We are pleased to move forward with this important project with GlassPoint. This milestone advances us toward building a cutting-edge concentrated solar power-to-steam manufacturing facility in the Kingdom, which will build our leadership across the region while strengthening our economy and creating an independent supply chain.”

Bob Wilt, CEO of Ma’aden, stated: “Our Technology Showcase with GlassPoint is an important step toward large-scale decarbonization and is strongly in support of meeting the Kingdom’s net zero target by 2060. We are constantly looking at how we can drive operations and integrate technology that delivers more efficiently and more sustainably.”

Rod MacGregor, CEO of GlassPoint, stated: “We are proud to partner with the Kingdom of Saudi Arabia to develop not only the largest industrial solar thermal project in history, but also a pioneering technology showcase and solar manufacturing facility. Decarbonizing industrial heat is essential to manufacture low-carbon materials and meet net-zero commitments, representing a $444B market globally. Together with MISA, Ma’aden and Cox we are on our way to scale our proven solution to meet the scale of the opportunity.”

Enrique Riquelme, Executive Chairman at Cox, stated: “We are seeing rising demand for decarbonized heat around the world as industrial facilities seek to cost-effectively meet net-zero goals. GlassPoint stands out as offering the only solution proven at scale to reduce carbon emissions while delivering favorable economics. We look forward to working with them on this lighthouse project with MISA, as well as many more in our shared pipeline.”

The GMTS will feature several advanced technology developments from GlassPoint that enable industrial facilities to decarbonize heat by up to 70% while delivering cost parity with legacy gas-powered steam systems. Breakthroughs in anticlastic polymer membranes, high-performance Niobium mirrors, and ternary liquid salt have enabled the company to reduce parts count by 60% and weight by 75%. Together these enhancements, built on previous technology improvements revealed last year, have reduced the cost of the solar field by 30% and the cost of the thermal storage subsystem by 50%.

GlassPoint provides direct solar-to-heat technology that generates industrial process heat from sunshine without going through electricity as an intermediate step. The GMTS will use reflective mirrors inside a glasshouse to focus sunlight onto a pipe carrying liquid salt to capture energy from the sun. GlassPoint’s Unify storage system uses ternary liquid salts to provide a continuous base load of heat to Ma’aden’s refinery at Ras al Khair, which refines bauxite ore into alumina, a core ingredient for aluminum production. The solution will provide for complete optionality, enabling Ma’aden to complement solar steam with gas, biomass, electricity, hydrogen or any other fuel as those technologies mature.

The GMTS will provide 1% of the steam required by Ma’aden’s bauxite refinery at Ras Al Khair; when complete, the entire project will provide 65% of the steam and reduce carbon emissions by 600,000 tons per year, the equivalent of taking nearly 130,000 cars off the road. The project supports MISA’s Global Supply Chain Resilience Initiative to diversify supply chains, as well as the Kingdom’s Saudi Vision 2030 plan to strengthen the economy and the Saudi Green Initiative to accelerate the Kingdom’s environmental leadership.

GlassPoint’s factory in Saudi Arabia will create over 200 green factory jobs in the Kingdom, and export renewable energy components to the GCC, North Africa and Southern Europe, helping the Kingdom expand its non oil & gas economy.

Application of GlassPoint’s technology at Ma’aden and beyond helps decarbonize the Saudi industrial base, reduce domestic gas consumption and decrease the carbon footprint of hard-to-abate industries.

About GlassPoint
GlassPoint is the leader in decarbonizing the $444B industrial process heat market. By focusing on reducing emissions associated with the production of materials essential to the energy transition, GlassPoint is making a substantial impact on combating climate change. The company builds, owns and operates large-scale solar steam facilities to reduce carbon emissions in hard-to-abate industries such as mining and metals, chemicals, construction materials, desalination and more.

GlassPoint is the only solution proven at scale to reduce carbon emissions from industrial process heat and has built more than half of the industrial solar steam capacity in the world. Learn more at glasspoint.com.

About Cox
Listed in Spain, Cox is a vertically integrated global water and energy utility that applies innovative technological solutions for sustainable development.

The company is a world leader in the conservation and efficient management of water resources, specializing in desalination, reuse and treatment technologies, as well as a major player in the generation and transmission of green energy, circular economy and new energy vectors. Learn more at grupocox.com. 

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SOURCE GlassPoint

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Media Advisory – Minister Hodgson to deliver keynote speech on One Year of Nation Building

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TORONTO, April 22, 2026 /CNW/ – The Minister of Energy and Natural Resources, the Honourable Tim Hodgson, will speak at the Empire Club of Canada regarding this past year’s accomplishments and future strategic directions.

Date: April 24, 2026

Time: 11:30 a.m. ET

All accredited media are asked to register using the Empire Club’s press accreditation and registration form. Details on how to participate will be provided upon registration.

Follow Natural Resources Canada on LinkedIn.

SOURCE Natural Resources Canada

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Harness Delivers Unified AI Intelligence Across Software Delivery with Google Cloud

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Harness integrates Google Cloud’s Developer Connect into its Software Delivery Knowledge Graph to give engineering teams smarter, faster AI-driven insights

SAN FRANCISCO, April 22, 2026 /PRNewswire/ — Harness, the AI Software Delivery Platform™ company, today announced that it will bring together Harness’s Software Delivery Knowledge Graph and Google Cloud’s Developer Connect. The initiative gives joint customers a unified, AI-ready view of their entire software delivery lifecycle, and the intelligence to act on it with confidence.

The announcement was made at Google Cloud Next, where Harness also won the 2026 Google Cloud Technology Partner of the Year Award in the Application Development – DevOps category.

The Missing Piece in AI Software Delivery

Modern software delivery environments are inherently complex. Pipelines, services, build and deploy infrastructure, artifacts, and dependencies are deeply interconnected — and the data that describes how they relate to one another is scattered across dozens of tools. As organizations accelerate their adoption of AI-powered engineering, that fragmentation becomes a critical liability. AI is only as effective as the context it can access, and today, most AI agents are operating with an incomplete picture.

Harness is addressing this challenge head-on. By integrating Google Cloud Developer Connect insights into the Harness Software Delivery Knowledge Graph, joint customers gain a continuously updated, relationship-aware model of their software delivery environment that spans both platforms, bridging the visibility gap between development and production so that AI agents can operate with complete and reliable context. For engineering teams, this translates directly to making decisions grounded in situational awareness rather than generic training data, allowing them to execute complex workflows with greater accuracy.

Where the Partnership Comes to Life

For joint customers of Harness and Google Cloud, this integration means Harness AI can now make smarter, faster decisions on their behalf. By bringing together deployment event logs, runtime data, and application dependency information from Google Cloud into the Harness Software Delivery Knowledge Graph, teams gain a continuously updated, comprehensive view of their software delivery environment. When an issue arises, engineers can diagnose and remediate faster, trace problems back to specific source files or infrastructure, and link artifacts to the teams responsible for them, without having to manually piece together context from multiple systems.

The result is AI that works harder for customers. With richer context available upfront, AI agents can operate more efficiently, delivering answers and recommendations that reflect the true state of the environment. Everything teams need is in one place, and their AI has everything it needs to act on it confidently.

Security is central to how this integration was built. Data shared between Harness and Google Cloud is governed by enterprise-grade access controls, ensuring the right information reaches the right people within the guardrails organizations require.

“AI is only as powerful as the context behind it. Without it, teams fall into the AI Velocity Paradox: moving code faster than ever, but risking shipping software that is unverified, insecure, and unreliable,” said Jyoti Bansal, co-founder and CEO of Harness. “This is exactly what our expanded work with Google Cloud directly addresses, giving joint customers a unified view of their software delivery environment and AI that can actually reason across it. When context is complete, speed and confidence go hand in hand.”

A Collaboration That Keeps Deepening

This integration is the latest evolution of a long-standing collaboration between Harness and Google Cloud. Harness AI runs on Gemini Enterprise Agent Platform, and joint customers already benefit from expanded access through Google Cloud Marketplace. With this announcement, that work expands from the infrastructure layer into the application layer — and directly into how AI understands and acts on the software delivery environment. And it doesn’t stop there. The Harness MCP Server is now accessible within Google’s Gemini Enterprise app environment, enabling Gemini Enterprise customers to leverage Harness capabilities directly from their existing AI interface.

“Google Cloud provides cutting-edge technology that helps partners innovate and deliver more impactful solutions for business transformation,” said Ritika Suri, Managing Director, AI and Data Partnerships at Google Cloud. “Through our partnership with Harness, we will provide customers with innovative capabilities that can improve operations, enhance customer experiences, and drive innovation.”

Join Us

As our Knowledge Graph ecosystem continues to grow, Harness remains committed to expanding the breadth of integrations available to customers with the goal of being the most comprehensive AI-ready software delivery platform on the market.

To connect with the Harness team in person, visit the Harness booth at Google Cloud Next.

About Harness
Harness is the AI Software Delivery Platform™ company, enabling engineering teams to build, test, and deliver software faster and more securely. Powered by Harness AI and the Software Delivery Knowledge Graph, the platform brings intelligent automation to every stage of the software delivery lifecycle after code — removing toil and freeing developers from manual, repetitive work. Companies like United Airlines, Morningstar, and Choice Hotels use Harness to deploy up to 70% faster, reduce change failure rates by 50%, cut deployment effort by 80%, and lower security noise by 65%. Based in San Francisco, Harness is backed by Menlo Ventures, IVP, Unusual Ventures, and Citi Ventures.

View original content to download multimedia:https://www.prnewswire.com/news-releases/harness-delivers-unified-ai-intelligence-across-software-delivery-with-google-cloud-302749850.html

SOURCE Harness

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H.I.G. Capital Announces the Sale of Celerion

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MIAMI, April 22, 2026 /PRNewswire/ — H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $74 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to sell its portfolio company, Celerion Holdings, Inc. (“Celerion” or the “Company”), a global CRO and leader in clinical pharmacology and bioanalytical sciences, to funds affiliated with THL Partners (“THL”).

Headquartered in Lincoln, Nebraska, Celerion is a leading provider of highly specialized clinical pharmacology and bioanalytical sciences with deep expertise in first-in-human dose escalation, cardiac safety (TQT), drug-drug interaction, and other complex clinical pharmacology studies that support regulatory approval and drug labeling. Celerion offers an integrated suite of services spanning data management, biostatistics, and clinical monitoring that supports a global base of pharmaceutical and biotechnology customers through its purpose-built clinical and laboratory infrastructure with facilities in Lincoln, Phoenix, Zurich, and Belfast.

H.I.G. acquired Celerion in November 2022 and worked closely with management to accelerate growth and strengthen the Company’s market position. During its ownership, H.I.G. supported strategic investments across commercial, operational, and technology initiatives, including the expansion of Celerion’s clinical and bioanalytical laboratory footprint. These efforts drove exceptional growth and solidified Celerion’s standing as a leading, clinical pharmacology-focused, contract research organization.

Susan Thornton, Celerion’s President & CEO, commented, “H.I.G. has been an exceptional partner to Celerion, helping us accelerate key strategic initiatives and invest meaningfully in our people, capabilities, and infrastructure. These efforts have strengthened our platform and enhanced the quality and consistency of outcomes we deliver to customers. We are excited to carry this momentum forward with THL as we enter our next phase of growth.”

Mike Gallagher, Managing Director at H.I.G., commented, “We are proud of what Celerion’s best-in-class team has accomplished during our partnership. The team has delivered industry- leading growth during our ownership, and we are confident it is uniquely positioned for its next chapter.”

Michael Kuritzky, Managing Director at H.I.G., added, “We are very proud of the work Celerion does to help drug sponsors worldwide navigate the complexities of clinical trial management. It has been a privilege to partner with Susan and her team, and we look forward to Celerion’s continued success.”

BofA Securities, Inc. and Lazard Frères & Co. LLC were financial advisors to H.I.G. and Celerion. McDermott Will & Schulte LLP was legal counsel for H.I.G. and Celerion in connection with the transaction.

About Celerion

Celerion is a clinical research organization that provides comprehensive clinical trial solutions to pharmaceutical and biotechnology clients conducting early clinical research throughout North America, Europe, and Asia. The Company serves its clients through a global network of facilities and provides first-in-human to proof-of-concept studies as well as bioanalytical laboratory services, data management and biometrics, and drug development services. For more information, visit celerion.com.

About H.I.G. Capital

H.I.G. Capital is a leading global alternative investment firm with $74 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stamford in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach:

H.I.G.’s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.H.I.G.’s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance.H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at hig.com.

*Based on total capital raised by H.I.G. Capital and its affiliates.

Contact:

Mike Gallagher
Managing Director
mgallagher@hig.com

Michael Kuritzky
Managing Director
mkuritzky@hig.com

Alex Zisson
Managing Director
azisson@hig.com

H.I.G. Capital
1450 Brickell Avenue
31st Floor
Miami, FL 33131
P: 305.379.2322
hig.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/hig-capital-announces-the-sale-of-celerion-302749396.html

SOURCE H.I.G. Capital

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