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SJI Joint Venture, Catamaran Renewables, Announces Fuel Cell Project in Bronx, NY

SJI Joint Venture, Catamaran Renewables, Announces Fuel Cell Project in Bronx, NY
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SJI Announces Comprehensive Clean Energy and Sustainability Plan

FOLSOM, NJ, April 19, 2021 – SJI (NYSE: SJI) announces a comprehensive clean energy plan, including a timeline to achieve carbon-neutral operations, as part of a commitment to sustainability. In 2020, SJI formed a Clean Energy and Sustainability team with the ambitious goal of achieving operational carbon neutrality by the year 2040. Through a new series of sustainability initiatives, SJI plans to reach that goal by eliminating its own carbon footprint and significantly reducing its 700,000+ utility customers fossil fuel consumption. SJI has set forth benchmarks to achieve a 70% carbon reduction of operational emissions and consumption by the year 2030 and 100% reduction by 2040. Moving forward, SJI is committing at least 25% of annual capital expenditures on sustainability projects.

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SJI Announces Comprehensive Clean Energy and Sustainability Plan

SJI Announces Comprehensive Clean Energy and Sustainability Plan
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SJI Reports 2020 Financial Results

SJI Reports 2020 Financial Results Announces Renewable Natural Gas Investment FOLSOM, NJ, Feb. 24, 2021 (GLOBE NEWSWIRE) Investor Contact: Announces Renewable Natural Gas Investment FOLSOM, NJ (February 24, 2021) – SJI (NYSE: SJI) today reported operating results for its 2020 full year and fourth quarter ended December 31, 2020. Highlights include: 2020 GAAP earnings of $1.62 per diluted share compared to $0.84 per diluted share in 2019 2020 Economic Earnings of $1.68 per diluted share compared to $1.12 per diluted share in 2019 2020 GAAP/Economic Earnings include $0.13 per diluted share in nonrecurring items adjustments for certain tax benefits ($.07), adjustments to SJG’s rate design ($.03) and pipeline supplier refunds ($.03) Significant improvement in 2020 financial results, despite historic challenge of COVID pandemic, driven by increased profitability from Utility and Non-Utility operations

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