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BLK, GRHU, BSL, BDR - Stock Alerts! from Stock-Pr.com - BlackRock, GreenHouse Holdings, Blackstone, Blonder Tongue Laboratories

 

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 GreenHouse Holdings, Inc.  (OTCQB:GRHU)

GRHU , a San Diego, California based integrated energy solutions provider and developer of eco-friendly infrastructure, recently announced that PepsiCo will partner with GreenHouse to utilize Southern California Edison’s Automated Demand Response program at its Buena Park bottling plant. GRHU is a qualified service provider of SCE’s Auto-DR program, providing site assessment, feasibility studies, project development, engineering, installation of enabling technologies and complete processing of all incentives.

The Auto-DR program offers significant financial incentives and technical support to SCE customers with automated load control systems that participate in demand response events. Auto-DR uses control systems to automatically achieve specified energy demand reductions (kW and duration) during periods of peak energy demand.

“Auto-DR is a perfect complement to Greenhouse’s vision to help our clients reduce energy consumption by deploying state-of-the-art technology,” says Rob Davis, Vice President of GRHU. “We are truly honored to be selected to partner with Pepsi and we are looking forward to the Auto-DR projects as the first of many opportunities to be included in Pepsi’s corporate sustainability initiatives. This project goes to the heart of Greenhouse’s mission to deliver green solutions that reduce energy consumption with a positive return on investment.”

PepsiCo is a recognized leader in the beverage industry for their efforts in sustainability and energy efficiency by consistently operating their plants in the most energy-conscious manner possible.

“It’s clear to Pepsi that both Southern California Edison and GreenHouse are working in the best interests of Pepsi and other ratepayers with their Auto-DR program,” said Pablo Cussatti, Vice President of Manufacturing at Pepsi Beverages Company West. “We are pleased to be doing our part for the environment and promote the responsible management of critical resources like the electric grid.”

In utilizing the Auto-DR system, Pepsi can shed or reduce electric consumption during costly peak energy periods when the demand is highest. In addition, the system provides Pepsi the ability to reduce operating costs by curtailing the use and purchase of electricity. Pepsi will then receive financial incentives from SCE for doing so.

GRHU, through its subsidiary, R Squared Contracting, Inc., provides energy efficiency products and technologies to the residential, commercial, and industrial building markets. GRHU also offers ethanol fuel and ethanol production technologies to residential, corporate, and government customers. In addition, GRHU distributes E-Fuel MicroFueler, as well as ethanol production systems to produce ethanol using sugar, algae or waste from distilleries and breweries. Further, GRHU operates an aquaponic, vegetable, and fish farm for residential customers, and the food and restaurant industry. GRHU supplies its products through outsourced manufacturers and assembly from third-party subcontractors. GRHU was founded in 2007 and is headquartered in San Diego, California.

To learn more about GRHU visit:  http://www.greenhouseintl.com

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BlackRock, Inc. (NYSE:BLK)

BLK recently announced that Chris Leavy will join the Company as Chief Investment Officer of U.S. Fundamental Equity – a newly created position. Most recently, Mr. Leavy served as Chief Investment Officer of Equities at OppenheimerFunds, directing investment personnel and business strategy for the firm’s $80 billion equity business.

In his new role, Mr. Leavy will be responsible for overseeing BLK’s $150 billion U.S.-based fundamental equity business. He will partner with BlackRock’s investment professionals and other areas of the firm to help deliver strong investment performance to clients.

Mr. Leavy will report to Quintin Price, Head of and Global Chief Investment Officer for Fundamental Equity, who has overall responsibility for management of this business.

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Blackstone/GSO Senior Floating Rate Term Fund (NYSE:BSL)

BSL announced that it issued $96 million aggregate principal amount of senior secured notes and 48,000 term preferred shares, with an aggregate liquidation preference of $48 million, both rated AAA by Fitch Ratings and are secured by the assets of the Fund.

The senior secured notes and term preferred shares in combination represent total leverage of approximately 33.2% of the Fund’s managed assets. As of August 13, 2010, after taking into account the proceeds of the offerings of the senior secured notes and term preferred shares, BSL had managed assets of $434 million and 15.13 million common shares outstanding.

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Blonder Tongue Laboratories, Inc. (Amex:BDR)

BDR provides system operators and integrators serving the cable, broadcast, satellite, IPTV, institutional and professional video markets with comprehensive solutions for the provision of content contribution, distribution and video delivery to homes and businesses. With 60 years of experience, BDR designs, manufactures, sells and supports an equipment portfolio of standard and high definition digital video solutions, as well as core analog video and high speed data solutions for distribution over coax, fiber and IP networks. Additional information on BDR and its products can be found at www.blondertongue.com.

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