DCP Midstream

NEW YORK , June 21, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces that, effective June 18, 2024, Chief Executive Officer Christopher Bogart, Chief Investment Officer Jonathan Molot and Co-Chief Operating Officers Aviva Will and David Perla received in aggregate 202,018 Burford's ordinary shares of nil par value ("Shares"). These distributions of actual Shares were made after each of the executives used his or her respective cash compensation to make the original investment in notional Shares through the Burford Capital Deferred Compensation Plan (the "DCP") in March or April 2022, as applicable. » Mehr auf prnewswire.com

MOUNTAIN VIEW, Calif. & LAS VEGAS--(BUSINESS WIRE)--Range Energy (Range), the company bringing powered trailers to the commercial trucking market, today at the Advanced Clean Transportation (ACT) Expo unveiled the development of a new trailer data and telematics platform that will bring unique operational insights to its electric-powered trailer customers. The platform is being developed in partnership with connected vehicle technology company, Sibros, and is built upon the company’s Deep Connected Platform (DCP), which is purpose-built to provide original equipment manufacturers (OEMs) with a leading-class, implementation-ready connected vehicle solution for data logging, software updates, and remote commands. Range is in the development phase of its next-generation powered trailer hardware platform, which includes expanding its technology stack with software elements that lead to greater fleet efficiency and operational savings. This new trailer and data telematics platform is pivotal to Range’s adoption as it allows fleets to gain critical insight into emissions savings for reporting, as well as analysis around trailer utilization, predictive maintenance, route efficiency, and more. “Our electric-powered trailers are critical for commercial fleets to quickly decarbonize, enhance safety, and improve vehicle efficiency. Our new data and telematics platform serves that need by providing unparalleled insights that help fleets monitor and optimize their operations,” said Ali Javidan, CEO and founder, Range. “Our collaboration with Sibros is key to ensuring our customers gain the most value from adopting our electric trailers. In addition, this partnership builds upon our technology stack and underscores our commitment to continue innovating and improving our products.” Recently, Range has achieved a number of key commercial, regulatory, and technical milestones. These include an agreement with Thermo King to integrate its electric-powered trailer platform with Thermo King’s trailer refrigeration units, announcing a pilot with DB Schenker, securing $23.5 million in new financing, launching a Dealer Advisory Council to support commercialization, and becoming the first trailer electrification platform to be eligible for California’s Clean Off-Road Equipment (CORE) Voucher Project. Range also announced a full certified fuel economy test report by Mesilla Valley Transportation Solutions (MVTS), which highlighted 36.9 percent fuel efficiency improvements (+3.25 MPG) achieved with Range’s electric-powered trailer, among other notable improvements. “At Sibros, we pride ourselves on the robust deployment of our solutions across diverse fleets, including passenger vehicles, heavy-duty trucks, motorcycles, and more. This is the first trailer application for us, and we’re excited to help the Range team bring a compelling data platform to market, paving the way for enhanced product utility and customer satisfaction,” said Mayank Sikaria, president and co-founder, Sibros. “Together with Range, we are setting a new industry standard for trailer applications and helping drive a transformative era in vehicle data analytics and connectivity,” added Sikaria. During the ACT Expo, Range will be providing a simulated experience of the trailer data and telematics platform at Booth 931. Reach out to [email protected] to book a demo. About Range Energy Range Energy (Range) accelerates the electrification of commercial transportation via powered trailers for the heavy duty truck market. With a solution that can easily hook up to any tow vehicle, Range’s powered trailers offer offroad mobile power, and can rapidly ease the transition to electrification and meet its commercial partners' immediate needs and long-term ambitions. Range was founded in 2021 and is led by a team with deep EV industry expertise from Tesla, Zoox, Honda, and more. The company is backed by leading investors including Trousdale Ventures, UP Partners, R7, Yamaha Motor Ventures, and more. » Mehr auf businesswire.com

LEAWOOD, KS / ACCESSWIRE / June 13, 2023 / TortoiseEcofin today announced that DCP Midstream, LP (NYSE:DCP) will be removed from the Tortoise MLP Index ® (TMLP), the Tortoise North American Pipeline IndexSM (TNAP) and Tortoise Decarbonization Infrastructure IndexSM (DCRBN) as a result of the approved acquisition by Phillips 66 (NYSE:PSX). Due to the acquisition, DCP will be removed from all three indices at market open on Thursday, June 15, 2023. » Mehr auf accesswire.com