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GreenHouse Holdings, Inc. a leading provider of energy efficiency solutions and sustainable infrastructure products, recently announced that it has been engaged to utilize Southern California Edison’s (SCE) Automated Demand Response (Auto-DR) program in Gulfstream Aerospace Corporation’s Long Beach, CA facility. GreenHouse is a qualified service provider of SCE’s Auto-DR program, providing site assessment, feasibility studies, project development, engineering, and 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 consumption. In utilizing the Auto-DR system, Gulfstream will reduce electric consumption during costly peak energy periods when the demand is highest. Additionally, the system provides Gulfstream the ability to reduce operating costs by curtailing the use and purchase of electricity. Gulfstream will then receive financial incentives from SCE.
“Auto-DR is just one of the innovative services Greenhouse offers to help our clients reduce energy consumption by deploying state-of-the-art technology,” says Rob Davis, Vice President of GreenHouse Holdings, Inc. “We are truly honored to be selected by Gulfstream and we are looking forward to the Auto-DR project as the first of many services offered in support of Gulfstream’s corporate energy stewardship initiatives. This project goes to the heart of Greenhouse’s mission to deliver sustainable solutions that reduce energy consumption with a positive return on investment.”
InterOil Corporation (NYSE:IOC) announced on Dec 16, 2010 an acquisition of indirect participation interests held by investors under the Amended and Restated Indirect Participation Interest Agreement dated February 2005 (the "IPI Agreement"). The interests acquired total 1.05% participation in the Elk and Antelope fields in Papua New Guinea and in any future discoveries made as a result of four exploration wells still to be drilled under the IPI Agreement. In exchange for these interests, InterOil issued 546,507 common shares. InterOil's current interest in its exploration licenses is 75.6114 %, assuming that all remaining indirect participation interest investors take up their working interest rights in such licenses and excluding the interests that the Independent State of Papua New Guinea is able to assume under relevant legislation.
InterOil Corporation, together with its subsidiaries, primarily engages in the exploration and production of oil and gas properties in Papua New Guinea. The company holds interests in four petroleum prospecting licenses covering approximately 4.7 million gross acres in Papua New Guinea. It also involves in the refining and liquefaction of jet fuel, diesel, and gasoline, as well as naphtha and low sulfur waxy residue.
Mosaic Co. (NYSE:MOS) planned to issue its second quarter fiscal 2011 earnings results and financial tables on Tuesday, January 4, 2011, after the close of trading on the New York Stock Exchange. Results will be available on Mosaic's website at mosaicco.com/investors. The Company will host a conference call with presentation slides on Wednesday, January 5, 2011, to discuss the results. The call will begin at 10:00 a.m. Eastern Standard Time (9:00 a.m. Central Standard Time) and will last no longer than 60 minutes.
The Mosaic Company engages in the production and marketing of concentrated phosphate and potash crop nutrients for the agriculture industry worldwide. The company produces phosphate crop nutrients for use in crop nutrients and feed phosphate for animal feed ingredients. It also produces and sells potash for use as fertilizers and animal feed ingredients, as well as in industrial applications.
Legg Mason Inc. (NYSE:LM) announced on Dec 13, 2010 the appointment of Peter "Pete" H. Nachtwey as Chief Financial Officer and a member of its Executive Committee. He will report to Mark R. Fetting, Chairman and Chief Executive Officer. He joins the firm from The Carlyle Group, where he was Chief Financial Officer and a member of their Operating Committee.
Legg Mason, Inc. operates as an asset management firm serving individual and institutional investors worldwide. The company provides equity, fixed income, liquidity, and alternatives solutions, from mutual funds to college savings plans to variable annuities to separately managed accounts, as well as other domestic and offshore funds to retail and institutional investors and funds-of-hedge funds.
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