On Tuesday, Clean Energy Fuels Corp (NASDAQ:CLNE)’s shares dropped -4.17% to $7.13.
On April 14, Clean Energy Fuels Corp (CLNE), declared fueling has begun at two new compressed natural gas (CNG) fueling station in Southern California in addition to two new truck-friendly CNG stations in Lake Havasu City, Ariz., and Kansas City, Kan. The company also received industry recognition for its new NGV Easy Bay® from Heavy Duty Trucking Magazine in addition to the top transit engineering honor at the Canadian Deputy Minister’s Consulting Engineers Awards.
Trucking
Seaboard Transport Expands CNG Fueling at Two New Truck-friendly Stations
- Seaboard contracted to raise its CNG fueling by an anticipated 240,000 DGEs annually for its expanded fleet of 58 heavy duty natural gas trucks.
- Clean Energy will open heavy duty truck-friendly stations in Lake Havasu City, Ariz., and Kansas City, Kan. The fleet presently fuels throughout Clean Energy’s network of stations in Calif., Ariz., N.M., Colo., Texas, Ill., Ind., Ohio and Va.
Potelco Signs LNG Fueling Contract
- Clean Energy to fuel about 75 heavy duty liquefied natural gas (LNG) trucks for Washington-based Potelco, Inc.
- The fleet provides electrical and gas line construction and maintenance services for many customers throughout the Northwest and is forecasted to consume about 360,000 DGEs of LNG annually.
Team Campbell Logistics Expands CNG Fleet
- Ten additional heavy duty CNG trucks are planned to be deployed and fuel at Clean Energy’s Fontana, Calif., station. These additional trucks are forecasted to consume about 10,000 DGEs of CNG annually.
Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It designs, builds, operates, and maintains fueling stations; and supplies compressed natural gas (CNG) fuel for light, medium, and heavy-duty vehicles, in addition to liquefied natural gas (LNG) fuel for medium and heavy-duty vehicles.
At the end of Tuesday’s trade, Brookfield Asset Administration Inc. (USA) (NYSE:BAM)‘s shares dipped -4.13% to $55.45.
On April 20, Brookfield Asset Administration (USA) (BAM), declared that it has agreed to issue 17.9 million Class A Limited Voting shares (the “Class A Shares”), on a bought deal basis, to a syndicate of underwriters co-led by CIBC, RBC Capital Markets, Citigroup Global Markets Canada Inc. and Deutsche Bank Securities, at a price of US$56.00 per Class A Share (the “Offering Price”) for gross proceeds of US$1,000,160,000 (the “Offering”). In addition, current officers, directors and shareholders of Brookfield counting Partners Value Fund Inc. (TSX VENTURE:PVF), and entities controlled by them, will purchase, directly or indirectly, an aggregate of 1,395,089 Class A Shares at the Offering Price concurrent with the Offering (the “Private Placement”). The aggregate gross proceeds of the Offering and the Private Placement will be US$1,075,159,985.
Brookfield intends to use the net proceeds of the Offering and Private Placement for general corporate purposes, counting the funding of future investments. The Offering and Private Placement are predictable to close on or about April 27, 2015.
Bruce Flatt, Chief Executive Officer of Brookfield, stated “we are working on a number of attractive opportunities that will enable us to invest this capital, and while we rarely issue common shares, this capital should provide greater flexibility to assist us in generating raised returns over the long term on a per share basis.”
Brookfield Asset Administration Inc. is a publicly owned asset administration holding company. Through its auxiliaries the firm invests in the property, power, and infrastructure sectors. Its property business comprise owning and managing office properties, developing master planned residential communities, and offering clients bridge and mezzanine lending; alternative assets funds; and financial and advisory services.
3D Systems Corporation (NYSE:DDD), ended its Tuesday’s trading session with -4.12% loss, and closed at $31.16.
On April 16, 3D Systems Corporation (DDD), declared that a 20-month-old toddler is breathing and swallowing easier thanks to a team of cardiologists and cardiothoracic surgeons at Washington University School of Medicine in St. Louis, MO, who used a full-color 3D printed replica of his heart to prepare for a delicate, 2.5 hour procedure at St. Louis Children’s Hospital.
3DS has been at the forefront of surgical planning and personalized medical solutions for almost two decades. With an end-to-end digital thread that integrates surgical simulation, training, planning, and printing of anatomical models, surgical instruments and medical devices, 3DS has assisted doctors in tens of thousands of complex medical cases to achieve better patient outcomes with faster surgeries.
Dr. Shafkat Anwar, a member of the Pediatric Cardiology team at Washington University who worked with 3DS to develop the model heart for this particular surgical procedure said, “With 3D printing, we were able to print a replica of the patient’s heart anatomy, developed from medical imaging scans, and use that model to get a handle on what surgeons would be faced with in the OR and to communicate with the patient’s parents and other team members.”
“We are excited to see more and more patients benefitting from the use of 3D printed medical models and virtual surgical planning, especially in challenging and complex cases like this heart surgery, where the precision afforded by 3D technology is integral to the procedure’s success,” said Kevin McAlea, Chief Operating Officer, Healthcare Products, 3DS. “From surgical training to implants to prosthetics, 3DS’ personalized medical solutions are assisting provide favorable outcomes and improving quality of life.”
3D Systems Corporation, through its auxiliaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the Americas, Germany, and the Asia-Pacific, in addition to other European, the Middle East, and African countries. The companys 3D printers transform data input from the format generated by 3D design software, CAD software, or 3D scanning and sculpting devices to printed parts using integrated, engineered plastic, metal, nylon, rubber, wax, and composite print materials.
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