Energy – PR FIRE US https://www.prfire.com US Press Release Distribution Thu, 10 Apr 2025 10:03:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://www.prfire.com/wp-content/uploads/2022/07/Purple-Flame-150x150.png Energy – PR FIRE US https://www.prfire.com 32 32 Dorado Strategy Allocates $300M to Latin American Energy Infrastructure Fund https://www.prfire.com/news-releases/dorado-strategy-allocates-300m-to-latin-american-energy-infrastructure-fund/ Thu, 10 Apr 2025 10:03:01 +0000 https://www.prfire.com/news-releases/dorado-strategy-allocates-300m-to-latin-american-energy-infrastructure-fund/ Los Angeles, United States. April 9th 2025- Dorado Strategy, a seasoned investment firm with roots in luxury real estate development, today announced the successful closing of its third infrastructure investment fund, with a strategic allocation of $300 million specifically earmarked for sustainable energy projects across Latin America. This significant commitment underscores the firm’s continued expansion …

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Los Angeles, United States. April 9th 2025- Dorado Strategy, a seasoned investment firm with roots in luxury real estate development, today announced the successful closing of its third infrastructure investment fund, with a strategic allocation of $300 million specifically earmarked for sustainable energy projects across Latin America. This significant commitment underscores the firm’s continued expansion from its Los Angeles luxury real estate foundation into the growing international infrastructure and energy sectors.

Building on six years of successful diversification, Dorado Strategy’s third infrastructure fund represents a milestone in the company’s strategic evolution. The fund has attracted strong support from both existing investors and new institutional partners, reflecting growing confidence in the firm’s expanded investment approach. This latest fund brings the company’s total assets under management in the infrastructure sector to $900 million, highlighting its transition from a primarily real estate-focused investor to a multi-sector infrastructure investment leader.

The $300 million commitment to Latin American energy ventures comes at a critical time for the region’s infrastructure development. With renewable energy demands growing across Latin America, Dorado Strategy sees significant opportunities to leverage its infrastructure and energy investment expertise to support transformative projects.

“Latin America represents one of the most dynamic markets for energy infrastructure development globally,” said Daniel Boyko, Partner at Dorado Strategy. “Our decision to allocate these funds specifically to this region builds on our successful track record in both the United States and South America over the past six years. We’re confident that this focused investment approach will deliver both strong returns for our investors and meaningful impact for communities across the region.”

Dorado Strategy began its luxury real estate development journey in Los Angeles, establishing a reputation for high-quality projects and consistent investor returns. Starting approximately six years ago, the firm strategically expanded into energy and infrastructure investments, first in the United States and later in select South American markets.

This gradual diversification has proven successful, with the company’s previous infrastructure funds delivering notable returns while developing critical energy and infrastructure projects across multiple markets.

“We’ve carefully built our expertise in infrastructure and energy investing while maintaining our strength in luxury real estate,” noted Carolina Martinez, another Partner at Dorado Strategy. “This third fund represents not just growth in our investment capital, but the maturation of our capabilities in identifying and executing complex infrastructure projects that meet our financial and sustainability goals.”

The Latin American allocation will focus primarily on renewable energy generation, transmission infrastructure, and energy storage solutions. The fund aims to support mid-to-large scale projects that address critical infrastructure needs while advancing regional energy transition goals.

Dorado Strategy plans to deploy capital across multiple Latin American countries where the firm has already established relationships and completed successful projects. The investment approach will emphasize partnerships with local developers and operators to ensure projects are aligned with regional needs and regulatory frameworks.

Beyond financial returns, the fund’s Latin American investments will prioritize projects that generate positive environmental and social impact, including carbon emission reductions, improved energy access, and local economic development.

“Our approach to infrastructure investment has always balanced financial performance with meaningful impact,” Boyko. “The energy landscape in Latin America presents unique opportunities to invest in projects that not only deliver competitive returns but also advance critical sustainability goals and support local communities.”

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Kaluza participates in PG&E’s dynamic pricing pilot launch, expanding Kaluza’s EV managed charging program https://www.prfire.com/news-releases/kaluza-participates-in-pges-dynamic-pricing-pilot-launch-expanding-kaluzas-ev-managed-charging-program/ Tue, 25 Mar 2025 14:03:01 +0000 https://www.prfire.com/news-releases/kaluza-participates-in-pges-dynamic-pricing-pilot-launch-expanding-kaluzas-ev-managed-charging-program/ LONDON, UK. March 25th, 2025 – Kaluza, the advanced software platform for energy, today announces becoming an Automation Service Provider (ASP) for Pacific Gas and Electric Company’s (PG&E’s) new ‘Hourly Flex Pricing’ (HFP) pilot in an expansion of Kaluza’s pioneering EV managed charging program in California. Drivers can access the Hourly Flex Pricing pilot rate …

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LONDON, UK. March 25th, 2025Kaluza, the advanced software platform for energy, today announces becoming an Automation Service Provider (ASP) for Pacific Gas and Electric Company’s (PG&E’s) new ‘Hourly Flex Pricing’ (HFP) pilot in an expansion of Kaluza’s pioneering EV managed charging program in California.
Drivers can access the Hourly Flex Pricing pilot rate via a Kaluza-integrated chargepoint and an intuitive mobile app which enables EV drivers to easily ‘set and forget’ their charging. Kaluza’s platform optimizes EV charging to periods of lower electricity demand and higher renewable energy availability, empowering customers to reap financial rewards while supporting the transition to a resilient, decarbonized grid.

The integration with PG&E’s HFP pilot builds on the launch of Kaluza’s California Energy Commission-supported REDWDS program announced in February 2024 which enables customers to save up to 60% on their home energy bills. Championing inclusivity, 50% of Kaluza’s enrolled drivers are from disadvantaged or low-income communities, or both. 

Kaluza’s program is the latest deployment of its next-generation software and demand response capabilities proven globally across the UK, Australia, New Zealand and Japan. It will also include bidirectional Vehicle-to-Grid charging, enabling drivers to send energy from their EV’s battery to their home or the grid, increasing customer engagement, network resilience and cost savings while accelerating the shift to renewable power. 

Jonathan Levy, Managing Director, US & Japan, Kaluza said: “Kaluza strongly supports PG&E and other utilities rolling out new innovative rates that allow drivers to benefit from their active role in shaping a stable, renewable-powered system. These time-of-use and type-of-use electricity rates are an important tool that software platforms can harness to deliver a win-win-win for customers’ energy bills, the grid, and the planet. 

“We commend PG&E for embracing new technologies and approaches to transform for a rapidly evolving system and we’re delighted to add them to our growing roster of global utility clients. We’re excited to scale our active managed charging program in California to make EV ownership more affordable, inclusive and easy through seamless customer experiences.”


Enrolment in the program is now open, allowing eligible EV drivers to start earning savings and supporting a more sustainable energy future. For more information, visit calicharge.energy.

ENDS

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Eternity Technologies Acquires Production Facility in Vijayawada to Support India’s Growing Demand for Electrical Forklifts and Energy Storage https://www.prfire.com/news-releases/eternity-technologies-acquires-production-facility-in-vijayawada-to-support-indias-growing-demand-for-electrical-forklifts-and-energy-storage/ Wed, 12 Feb 2025 16:03:02 +0000 https://www.prfire.com/news-releases/eternity-technologies-acquires-production-facility-in-vijayawada-to-support-indias-growing-demand-for-electrical-forklifts-and-energy-storage/ MANCHESTER, UK. February 12th, 2025 – Eternity Technologies is pleased to announce the acquisition of the production facility of EnerSys India Batteries Private Limited, located in Vijayawada, India. This strategic investment reinforces Eternity Technologies’ commitment to India’s rapidly expanding economy and the increasing demand for sustainable energy solutions in logistics, power, and energy storage sectors. …

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MANCHESTER, UK. February 12th, 2025Eternity Technologies is pleased to announce the acquisition of the production facility of EnerSys India Batteries Private Limited, located in Vijayawada, India.

This strategic investment reinforces Eternity Technologies’ commitment to India’s rapidly expanding economy and the increasing demand for sustainable energy solutions in logistics, power, and energy storage sectors.

India’s logistics industry is experiencing unprecedented growth, driven by the expansion of e-commerce, infrastructure development, and global trade. As companies transition towards electrification—particularly in forklift trucks and material handling equipment—there is a rising need for high-performance, environmentally friendly battery solutions.

Eternity Technologies will invest significantly in upgrading the Vijayawada facility to transform it into a state-of-the-art production hub, enhancing efficiency, integrating advanced technology, and ensuring adherence to the highest environmental standards. Additionally, the facility will support India’s growing demand for highly reliable stationary batteries for power stations and energy storage applications.
 
Mark Stevenson, CEO of Eternity Technologies, said: “This acquisition is a key step in our global expansion strategy, strengthening our presence in India’s dynamic market. We are committed to providing cutting-edge battery solutions that support the country’s rapid shift towards electrification and sustainable energy. Our investment in the Vijayawada facility will enhance local production capabilities, ensuring we meet the evolving needs of both the logistics and energy sectors with high-quality, safe, and fully recyclable products.”
 
Eternity Technologies’ expansion into India aligns with its broader vision of driving innovation, sustainability, and circular economy practices across the battery industry.

ENDS

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Eternity Technologies and Enexa SPA Join Forces to Boost Industrial Batteries Sales in Italy https://www.prfire.com/news-releases/eternity-technologies-and-enexa-spa-join-forces-to-boost-industrial-batteries-sales-in-italy/ Fri, 17 Jan 2025 12:03:01 +0000 https://www.prfire.com/news-releases/eternity-technologies-and-enexa-spa-join-forces-to-boost-industrial-batteries-sales-in-italy/ DUBAI, UAE. January 17th, 2025 – Eternity Technologies, a global leader in advanced industrial battery solutions, and Enexa S.P.A, a renowned name in the sale, rental, and assistance of industrial traction batteries, are proud to announce a joint venture partnership under the name Eternity Enexa S.P.A, aimed at redefining the future of power solutions for …

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DUBAI, UAE. January 17th, 2025 – Eternity Technologies, a global leader in advanced industrial battery solutions, and Enexa S.P.A, a renowned name in the sale, rental, and assistance of industrial traction batteries, are proud to announce a joint venture partnership under the name Eternity Enexa S.P.A, aimed at redefining the future of power solutions for the material handling and reserve power markets in Italy.
 
This strategic alliance combines Eternity Technologies’ expertise in manufacturing high-performance batteries with Enexa S.P.A’s extensive experience in providing industrial battery solutions. Together, the companies are poised to enhance operational efficiency and deliver superior value to customers within Italy’s thriving industrial battery industry.
 
“This partnership marks a significant milestone in Eternity Technologies’ journey to deliver cutting-edge solutions for the material handling and reserve power sectors,” said Dr Mark Stevenson, CEO of Eternity Technologies. “By combining our strengths with Enexa S.P.A, we are confident in our ability to support businesses in Italy with reliable, high-performance products that meet the demands of modern operations.”
 
Enexa S.P.A’s CEO, Renzo Crivellari, echoed this sentiment: “Our collaboration with Eternity Technologies is built on a shared vision of advancing the industrial battery market. Together, under the Eternity Enexa S.P.A brand, we will redefine industry standards and empower businesses in Italy to adopt more efficient and dependable battery technologies.”

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Eternity Technologies Unveils Premium QUASAR Gel Maintenance Free Battery for the Motive Power Market https://www.prfire.com/news-releases/eternity-technologies-unveils-premium-quasar-gel-maintenance-free-battery-for-the-motive-power-market/ Mon, 11 Mar 2024 13:03:04 +0000 https://www.prfire.com/news-releases/eternity-technologies-unveils-premium-quasar-gel-maintenance-free-battery-for-the-motive-power-market/ MANCHESTER, UK, 11 March 2024 – Eternity Technologies, a global leader in industrial battery solutions, proudly announces the launch of its groundbreaking QUASAR Gel Maintenance Free Battery tailored for the motive power market.    Leveraging cutting-edge technology, Eternity Technologies continues to redefine industry standards with its premium expanding range. The new QUASAR Gel Battery range …

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MANCHESTER, UK, 11 March 2024 – Eternity Technologies, a global leader in industrial battery solutions, proudly announces the launch of its groundbreaking QUASAR Gel Maintenance Free Battery tailored for the motive power market. 
 
Leveraging cutting-edge technology, Eternity Technologies continues to redefine industry standards with its premium expanding range. The new QUASAR Gel Battery range sets new benchmarks for performance. This range seamlessly integrates VRLA Gel technology with cutting-edge Carbon Nano Tube (CNT) innovation. As a result, the QUASAR Gel battery delivers excellent Deep Cycle performance with opportunity and faster charging. 
 
QUASAR Gel batteries offer a maintenance free option. This valve regulated option does not require topping up and eliminates any maintenance in the field. The QUASAR positive plate utilises Thin Tube technology, which offers greater energy density and higher discharge performance. It also incorporates a market leading phenolic resin separator which can meet the heavy-duty operating demands and provides excellent oxidation resistance. 
 
The key features of the QUASAR Gel Maintenance Free Battery include incorporating carbon nanotubes into the battery design, enabling Eternity Technologies to deliver unmatched conductivity and durability, resulting in optimised performance even in the most demanding environments. 
 
Committed to sustainability, the QUASAR Gel Maintenance Free Battery is environmentally friendly and fully recyclable, minimizing its ecological footprint throughout its lifecycle. 
 
Building upon the success of the QUASAR Motive Battery, the QUASAR Gel Maintenance Free Battery also eliminates the need for regular maintenance, offering hassle-free operation and reduced total cost of ownership. 
 
Dr Mark Stevenson, CEO at Eternity Technologies said: “Our QUASAR Gel Maintenance Free Battery represents a significant milestone in our ongoing quest to deliver innovative and sustainable battery solutions to the motive power market.
 
“With its advanced technology and maintenance-free design, the QUASAR Gel Battery offers unparalleled performance, reliability, and environmental responsibility, empowering our customers to achieve their operational goals.” 
 
Eternity Technologies remains dedicated to pushing the boundaries of battery technology, driving progress towards a cleaner, more efficient future for industries worldwide. 
 
For more information about the QUASAR Gel Maintenance Free Battery and Eternity Technologies’ comprehensive range of energy solutions, please visit www.eternitytechnologies.com.
 
ENDS

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Eternity Technologies Unveils Cutting-Edge QUASAR Carbon Nano Flooded Deep Cycle Bloc Battery, expanding their premium range https://www.prfire.com/news-releases/eternity-technologies-unveils-cutting-edge-quasar-carbon-nano-flooded-deep-cycle-bloc-battery-expanding-their-premium-range/ Mon, 15 Jan 2024 15:03:02 +0000 https://www.prfire.com/news-releases/eternity-technologies-unveils-cutting-edge-quasar-carbon-nano-flooded-deep-cycle-bloc-battery-expanding-their-premium-range/ UNITED ARAB EMIRATES, January 15th, 2024 – Eternity Technologies, a leader in the industrial battery industry, is thrilled to announce the latest addition to their QUASAR product line – the Carbon Nano Flooded Deep Cycle Bloc battery. This innovative technology sets new standards for performance, reliability, and sustainability, reaffirming Eternity Technologies’ commitment to pushing the …

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UNITED ARAB EMIRATES, January 15th, 2024 – Eternity Technologies, a leader in the industrial battery industry, is thrilled to announce the latest addition to their QUASAR product line – the Carbon Nano Flooded Deep Cycle Bloc battery. This innovative technology sets new standards for performance, reliability, and sustainability, reaffirming Eternity Technologies’ commitment to pushing the boundaries of battery technology. 
 
Designed for a wide range of applications, such as golf carts, access platforms, cleaning machines and marine applications the QUASAR flooded bloc is also suitable for solar and reserve power applications, making this the perfect option for your deep cycle battery requirements. The New QUASAR Flooded range will be available in 6V, 8V and 12V options. 
 
Leveraging state-of-the-art Carbon Nano Tube Technology (CNT), this battery offers ultra energy efficiency due to low resistance, increased cycle life, and improved overall performance. This proven technology is suitable for opportunity charging and extreme temperature variants. Eternity Technologies continues to offer eco-friendly solutions with an unmatched recycling rate, and the QUASAR flooded battery aligns seamlessly with their dedication to sustainability and a truly circular economy. 
 
“We are thrilled to introduce the QUASAR Carbon Nano Flooded Deep Cycle Bloc battery as the latest addition to our QUASAR family,” David Chambers, Vice President Global Sales – Blocs at Eternity Technologies. “This cutting-edge technology exemplifies our commitment to providing innovative, sustainable, and high-performance battery solutions.” 

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US Homeowners are saving a fortune on electricity bills with new solar https://www.prfire.com/news-releases/us-homeowners-are-saving-a-fortune-on-electricity-bills-with-new-solar/ Tue, 28 Nov 2023 16:04:41 +0000 https://www.prfire.com/news-releases/us-homeowners-are-saving-a-fortune-on-electricity-bills-with-new-solar/ LONDON, UK 13th April 2023 – According to the solar data company, PVRoof, US homeowners with solar panels are now saving upwards up $1,000 or more per year on their electricity bills using new solar – this comes to roughly 70% in total annual savings.    Their analysis further showed that southern, middle-belt, and western …

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LONDON, UK 13th April 2023 – According to the solar data company, PVRoof, US homeowners with solar panels are now saving upwards up $1,000 or more per year on their electricity bills using new solar – this comes to roughly 70% in total annual savings. 
 
Their analysis further showed that southern, middle-belt, and western states (i.e., Texas, Oklahoma, California, New Mexico, Arizona, and others) spend more on electricity per year (~$1,340+) than most states nationwide. As such, homeowners in these locations without a solar roof system are at a disadvantage and will end up spending upwards of $25,000 on electricity bills alone in the next 20 years.


 
The problem of solar panels is should not be complicated; however, most installers typically mislead homeowners on the true cost and true savings that could be derived from a solar system. In a recent survey, it was said that more than 65% of solar installers overinflate the true cost of a solar roof system, leaving homeowners with a high bill and a lower savings forecast over time. To solve this, an unbiased system (i.e., a software tool) that provides the true cost and true savings figure for homeowners in what the US solar industry needs. 
 
PVRoof has therefore done this and built the renowned global solar calculator tool that does exactly that. This unbiased solar software calculator performs a detailed energy home audit with just a few homeowner questions and presents homeowners with outputs such as the recommended solar panel size for your home, cost of the total installation, 20-year savings, finance options, and more. PVRoof built this tool strictly for homeowners, to enable them to understand all the easy technical details around solar roofs and get them comfortable and confident when discussing with a solar installer on the next steps. 
 
Want to save over $1,000 on electricity bills? Follow this link, enter home details, and find out how much saving is possible. For a seamless end-to-end process, PVRoof’s data algorithm will connect customers to the closest most reputable solar installation provider to guide them on the next steps to how they could save a fortune on their electricity bills each year. 
 

Customers can check solar savings potential for free now – https://www.pvroof.io 

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BREAKING: Zero to open world’s first fully featured synthetic fuel facility in June alongside accelerated international growth plan https://www.prfire.com/news-releases/breaking-zero-to-open-worlds-first-fully-featured-synthetic-fuel-facility-in-june-alongside-accelerated-international-growth-plan/ Tue, 28 Nov 2023 16:03:40 +0000 https://www.prfire.com/news-releases/breaking-zero-to-open-worlds-first-fully-featured-synthetic-fuel-facility-in-june-alongside-accelerated-international-growth-plan/ LONDON, UK, 9th May 2023 – Zero announced it is opening its first synthetic fuel facility (“Plant Zero.1”) on 14th June 2023. The facility will include the world’s first fully-featured synthetic fuel plant, leading the way to providing the technical and commercial blueprint for global deployment of synthetic fuels at scale. Plant Zero.1 will manufacture …

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LONDON, UK, 9th May 2023 – Zero announced it is opening its first synthetic fuel facility (“Plant Zero.1”) on 14th June 2023. The facility will include the world’s first fully-featured synthetic fuel plant, leading the way to providing the technical and commercial blueprint for global deployment of synthetic fuels at scale. Plant Zero.1 will manufacture engineering-grade fuels from Q3 2023 to be used for market evaluations and approvals including ASTM certifications for flight and other applications, to be achieved in early 2024.
On Tuesday 25th April the EU agreed to take forward the ReFuelEU mandate for synthetic fuels in aviation starting at 1.2% in 2030 and increasing to 35% by 2050. This is a landmark endorsement of Zero’s products and technologies. The scale of the mandate is truly significant and comes on the back of the recent concession to continuing manufacture of internal combustion engine (ICE) vehicles after 2035 provided they are also powered by synthetic fuels (e-fuels).
As a result, Zero has now committed to accelerate its growth to mass production with plans for the company’s first international production plant (“Plant Zero.2”) that will manufacture 100% drop-in grade synthetic fuels at a commercial scale as soon as 2025. This will be a fundamental component of the Energy Transition to meet global commitments to eliminate fossil-carbon emissions. 
Zero Co-Founder and CEO, Paddy Lowe said: “We are very excited about the upcoming opening of our engineering-scale Plant Zero.1 in just a few weeks, which will be the first fully-featured synthetic fuel plant in the world (air, water and renewable electricity to 100% drop-in grade fuel, all in one building). This has been made possible by fantastic support from a range of investors and partners, most particularly the UK’s Royal Air Force”.
Zero Co-Founder and CScO, Nilay Shah said: “There is an urgent need to develop and deliver synthetic fuels to facilitate the transition away from fossil fuels in the very wide range of transport applications which cannot directly use renewable electricity. We are setting ourselves the target of multi-market commercial-scale fuel production as soon as 2025 and expecting to achieve cost parity with current fossil-fuel pricing within a decade.”
Zero is one of the few companies globally to successfully create all three types of carbon-neutral fuel (gasoline, diesel and jet fuel) and holds the Guinness World Records® title for the first aircraft powered by synthetic fuel. The technical and operational development coming from Plant Zero.1 has given Zero the confidence to already commit to the next phase of production scale-up – the commercial-scale Plant Zero.2. The construction and deployment of Plant Zero.2, as early as 2025, will accelerate the deployment of synthetic fuels to both commercial and consumer markets across a wide range of transport applications making the elimination of fossil-fuels a realistic option.

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US Capital Global Securities Launches $54 Million Equity Offering for Viceroy Petroleum CBI Field Development Project https://www.prfire.com/news-releases/us-capital-global-securities-launches-54-million-equity-offering-for-viceroy-petroleum-cbi-field-development-project/ Tue, 28 Nov 2023 15:08:06 +0000 https://www.prfire.com/news-releases/us-capital-global-securities-launches-54-million-equity-offering-for-viceroy-petroleum-cbi-field-development-project/ Opportunity to invest in a producing and operational oil and gas field near the Gulf of Mexico off the coast of Louisiana. SAN FRANCISCO, MARCH 2022 – US Capital Global Securities LLC, an affiliate of US Capital, is offering eligible investors an investment opportunity of up to $54 million in Viceroy Petroleum LP’s (“Viceroy”) Field …

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Opportunity to invest in a producing and operational oil and gas field near the Gulf of Mexico off the coast of Louisiana.
SAN FRANCISCO, MARCH 2022 – US Capital Global Securities LLC, an affiliate of US Capital, is offering eligible investors an investment opportunity of up to $54 million in Viceroy Petroleum LP’s (“Viceroy”) Field Development Project (FDP) in the Cote Blanche Island (CBI) Louisiana offshore oil and gas field. Viceroy is a family-owned independent producer involved exclusively in the drilling, exploration, and production of oil and gas. The company integrates advanced technology and optimized operation practices from expertise built up over 35 years, having operated over 120 onshore and offshore wells in Central and South Texas and Louisiana.

US Capital is a full-service private financial group with an established track record in investment banking, asset management, and capital formation services. The firm provides sophisticated debt, equity, and investment products to lower middle market companies and investors. All securities are offered by the group through its FINRA-member, SEC-registered broker-dealer affiliate, US Capital Global Securities LLC.

Viceroy is focused on unlocking proven, mature, developed fields by continuously acquiring and developing matured assets, while applying its own production and drilling operations. In 2020, the company acquired an offshore producing mature field, CBI, near the high-profile Gulf of Mexico waters covering 4,970 net acres. The shallow water field, located one mile off the coast of Louisiana, is a thoroughly mapped geologic profile with 10 wellbores and 30 additional unplugged wellbores available for sidetracking along with operational production, processing, and transportation facilities. It has over 50 reservoirs to target with legacy drilling data available from previous operations, such as by Texaco/Chevron.

“We have launched this equity raise to finance the expansion and further development of our CBI field,” said Matt Ferguson, President at Viceroy. “Since November 2020, the CBI field has been producing an average of 250 bpd of oil and 500 mcf/pd of gas. CBI production is fully secured with 100% of the crude oil produced being purchased by Shell Trading since December 2020. Our uniquely operational and economically structured project strategically focuses on drilling 22 wells, targeting proven oil and gas primary and secondary reserves to increase production to 3000 bpd of oil by Q3 2022. FDP will be completed in three phases over a three-year period with each well drilled bringing instantaneous production of oil and gas via our operational field production and transportation facilities. We are proud to have drilled our first project well in February this year following up on the proof of concept two wells drilled in 2021.”

“Viceroy has a sustainable business model that has delivered proven results over the last three decades,” said Charles Towle, CEO at US Capital Global Securities. “Viceroy’s President, Matt Ferguson, has grown the company from 40 production wells to 350 production wells across Texas and Louisiana and the company’s current CBI Project is well under way with the first milestone completed through the commencement of drilling operations this year and Phase 1 to commence in March this year. We believe the CBI field holds tremendous potential and offshore projects are forecasted to reach new record highs over the next five years, with mid-sized independent producers like Viceroy seeing the largest production increases, estimated at 49%. If you’re interested in Viceroy’s CBI project, the opportunity to participate in this $54 million equity offering is now open to eligible investors.”
About Viceroy Petroleum LP
Viceroy Petroleum LP (“Viceroy”) is a family-owned independent producer involved exclusively in the exploration, drilling operations, and production of oil and gas. The company integrates advanced science and technology with optimized operation practices from expertise built up over 35 years, having operated over 120 wells in Central and South Texas, and Louisiana. Viceroy owns and operates the Cote Blanche Island field and its production, processing and transportation facility, a 4,970-acre offshore producing mature field on the Louisiana shallow waters coast near the high-profile Gulf of Mexico waters.
About US Capital
US Capital Global Securities LLC (USCGS) is the FINRA-member broker-dealer division of US Capital that acts as placement agent for growth-stage companies, projects, and investment funds. Since 1998, US Capital has been committed to providing lower middle market businesses and investors with sophisticated debt, equity, and investment opportunities usually available only to larger middle market companies and institutional investors, using the latest FinTech and RegTech innovation. US Capital entities manage direct investment funds and provide wealth management and capital raise services. USCGS or its affiliates may provide advice to, be compensated by, may have other business relationships with, or may from time to time acquire, hold, or sell a position in the securities of the issuers mentioned herein. Any such offer or solicitation shall be made only pursuant to the confidential private placement memorandum. View USCGS’ Form CRS at www.uscapglobalsecurities.com/crs.html.

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Dynamic Duo to launch industrial software solution in America https://www.prfire.com/news-releases/dynamic-duo-to-launch-industrial-software-solution-in-america/ Tue, 28 Nov 2023 14:13:45 +0000 https://www.prfire.com/news-releases/dynamic-duo-to-launch-industrial-software-solution-in-america/ Affine Consulting has teamed up with IAMTech to provide a unique software solution that could save industrial companies millions of dollars. IAMTech, whose products address critical gaps in the world’s leading oil, gas, chemical, mining and energy companies, has launched its industrial software in America, after experiencing major success in the UK and across the …

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Affine Consulting has teamed up with IAMTech to provide a unique software solution that could save industrial companies millions of dollars.
IAMTech, whose products address critical gaps in the world’s leading oil, gas, chemical, mining and energy companies, has launched its industrial software in America, after experiencing major success in the UK and across the world. The company’s products are used across 23 countries by leading firms including ALTRAD, CF Industries, DIAB Engineering, INEOS and Kaefer.
iPlan, one of IAMTech’s core products, provides critical information in real time, and has been developed to help industrial organizations with their routine maintenance on equipment as well as react swiftly in the event of a shutdown or outage. 
The software, which includes a mobile app, improves safety, saves time, avoids costly mistakes and heightens compliance as well as productivity rates. Available in three versions, the software can notify companies immediately when a shutdown is urgently needed, meaning that workers and third party contractors can access the information and task list they need urgently, without direct access to the core system, which is great for optimum security. 
An industrial asset owner had an annual routine maintenance budget of $37m and by using the new software, he saved $3.6m in the first year, amongst other things, by eradicating the need for outsourcing work pack generation to expensive third parties.
Now Affine Consulting, an asset management consulting firm, has signed an agreement to bring the advanced software solutions IAMTech offer into a range of markets abroad.
Owner Doug Kibler, said: “The ability to improve planning operations with direct support of safety and environmental applications without impacting the core management systems is critical to improved operations at asset-intensive industries.”
“Working with a company that has the confidence to publish its software prices for industrial solutions is unheard of in this market.”
Ross Coulman, CEO of IAM Tech, added: “Affine will be supporting the market availability of these solutions in North America including Canada, mainland United States, Mexico, Brazil, and Chile. We are excited about the prospect of expanding our global footprint with our partnership with Affine Consulting.” 
IAMTech, the world’s largest independent industrial software provider, also offers companies a chance to check out its return on investment calculator, to show them how much they could save by implementing the software.
To learn more visit https://launch.iamtech-solutions.com or watch this video.
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Notes to editors:
Affine Consulting
Affine Consulting was founded out of the market disruption driven by COVID19. The company, based in the Greater New Orleans Louisiana area, works with large asset-intensive industries across multiple market segments to include oil and gas, petrochemical, public sector, and power generation and transmission to achieve improved asset management capability. 
IAMTech
IAMTech was founded in 1973 and remains one of the last independent industrial software vendors. Located in North East England, Stockton On Tees, UK, the company celebrates over 50 years in the industry with customers in over 23 countries world-wide including ALTRAD, CF Industries, DIAB Engineering, INEOS, Kaefer, SABIC, Sadara Chemicals, SBM Offshore, UPM, VALEO & VENATOR. 
IAM Tech also offers six other software products: Health, Safety, and Environmental management including Safety Permits and Isolations (IAMPermit), Asbestos Management (IAMAsbestos), Thermal Radiation Modeling (IAMThermal), and Atmospheric Gas Dispersion Modeling (IAMDispersion). 
For more information:
To find out about the product launch visit www.launch.iamtech-solutions.com 
For photos or additional information, contact Andrej Dethlefsen: andrej@iamtech.com

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