16.04.2021 - Star Peak Energy Transition Corp. (NYSE:STPK), a publicly traded special purpose acquisition company (“Star Peak”), announced today that it is reaffirming its previously announced Special Meeting of Star Peak Stockholders (the “Special Meeting”) on . Seite 1
14 April 2021: Stem Inc transfers existing 345MWh commercial VPP portfolio’s software platform
Artificial intelligence-driven commercial energy storage provider Stem Inc has put its Athena software platform in a 345MWh portfolio of California assets in an IT handover that only took two months.
The company was appointed to put the Athena software to manage the 86-site commercial and industrial (C&I) energy storage asset portfolio by its joint owners, South Korean technology company SK E&S and Switzerland-headquartered investment fund SUSI Partners in June, as reported by
Athena provides intelligence and real-time decision-making capabilities to the energy storage systems, enabling end-customers to manage their energy costs and usage, particularly at times of peak demand while also providing local utility Southern California Edison (SCE) with a controllable capacity resource.
SPAC Stock Ideas for Friday (and Beware the SPAC Short Sellers)
It may not feel like it, but the SPAC market may be on track to become healthier than ever. It s yield + optionality for the win. But, be careful as the field hasn t cleared yet and short sellers will make life hard for the SPACs and investors who buy into overly hyped financials and technology.
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Yesterday s SPAC deal announcements were met with a tepid response by the market.
D8 (DEH) was only up 0.9% to $10.07 on news of its deal to merge with Vicarious Surgical and
Consonance-HFW Acquisition Corp (CHFW)
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MILLBRAE, Calif., April 14, 2021 (GLOBE NEWSWIRE) Stem, Inc. ( Stem or the Company ), a global leader in artificial intelligence (AI)-driven clean energy storage services, today announced it has completed six months of successful operation of the 345MWh energy storage portfolio owned by Electrodes Holdings LLC ( Electrodes ) which last year transferred portfolio control to Stem s Athena™ smart energy software. Customers in the 86-site portfolio are now realizing more than 30% greater monthly energy savings on average compared to the previous software provider.
Within two months of being awarded the exclusive contract by Electrodes, Stem seamlessly onboarded to Athena management this portfolio that serves 25 large commercial and municipal customers in the Los Angeles area. The customers at these sites – ranging from office buildings, water treatment plants, university campuses, local government buildings, food processing plants, medical facilities, and retail supers
The SEC is zeroing in on SPACS. Altimeter (AGC) is taking Grab public in a record breaking $40b dollar SPAC merger. SPACs with announced deals took it on the chin yesterday.