Gibson Energy Announces $375 Million Senior Unsecured Note Offering Due 2032
CALGARY, Alberta, Aug. 18, 2025 (GLOBE NEWSWIRE) — Gibson Energy Inc. (TSX:GEI) ('Gibson' or the 'Company') announced today that it has agreed to issue $375 million of 4.45% senior unsecured notes due August 20, 2032 (the 'Notes').
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Montreal Gazette
15 minutes ago
- Montreal Gazette
Anaergia S.r.l. Announces Agreement to Provide Infrastructure and Equipment for New Biomethane Plants in Spain
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In addition, the company will supply advanced mixing systems, also part of its proprietary technology, along with other critical components to facilitate the seamless operations of the plants. Anaergia is to commence activities on the first project this month, with all the projects in the development plan expected to be fully operational and integrated into Spain's gas pipeline network within forty-eight months. Anaergia anticipates total revenue of C$184 million from this Agreement, making it the Company's largest capital sale to date. "This agreement marks a significant milestone in advancing Spain's renewable energy sector, fostering economic growth and environmental sustainability. The scale of this historic Agreement for Anaergia highlights the advantages of our strategic focus on leveraging proprietary technologies for the benefit of our customers, and underscores our growing presence and activities in Europe," said Assaf Onn, CEO of Anaergia. "We are most excited about this opportunity to demonstrate the value of our innovative solutions and to support the global transition to renewable energy." About Anaergia Anaergia is a pioneering technology company in the renewable natural gas (RNG) sector, with over 250 patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer, and water. We are committed to addressing a significant source of greenhouse gases (GHGs) through cost-effective processes. Our proprietary technologies, combined with our engineering expertise and vast experience in facility design, construction, and operation, position Anaergia as a leader in the RNG industry. With a proven track record of delivering hundreds of innovative projects over the past decade, we are well-equipped to tackle today's critical resource recovery challenges through diverse project delivery methods. As one of the few companies worldwide offering an integrated portfolio of end-to-end solutions, we effectively combine solid waste processing, wastewater treatment, organics recovery, high-efficiency anaerobic digestion, and biomethane production. Additionally, we operate RNG facilities owned by both third parties and Anaergia. This comprehensive approach not only reduces environmental impact but also significantly lowers costs associated with waste and wastewater treatment while mitigating GHG emissions. For further information please see: Forward-Looking Statements This news release contains forward-looking information within the meaning of applicable securities legislation, which reflects Anaergia's current expectations regarding future events, including but not limited to, counterparty contractual performance, the capability of the Company's technology and performance with respect to the project objectives. Forward-looking information is based on a number of assumptions, including, but not limited to counterparty contractual performance, the full development, timing and funding of construction of the sixteen facilities, the capability of the Company's technology and performance with respect to the project objectives, the expected revenue from the agreement, and the sufficient sourcing of food waste and power generation. The Company is subject to a number of risks and uncertainties, many of which are beyond the Company's control. Such risks and uncertainties include, but are not limited to, the factors discussed under "Risk Factors" in the Company's annual information form for the fiscal year ended December 31, 2024, and under "Risks and Uncertainties" in the Company's most recent management's discussion and analysis. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws. Additional information on these and other factors that could affect Anaergia's operations or financial results are included in Anaergia's reports on file with Canadian regulatory authorities. This story was originally published August 19, 2025 at 3:57 PM.
Vancouver Sun
33 minutes ago
- Vancouver Sun
Elon Musk's private jet lands in Bella Bella on B.C.'s central coast over the weekend
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Globe and Mail
3 hours ago
- Globe and Mail
Air Canada customers stuck in limbo highlights competition, air passenger protection issues, experts say
Travellers are looking to get back on track with their itineraries after Air Canada reached an agreement with the union representing its flight attendants on Tuesday. But the fallout from the labour dispute, which scuttled summer travel for thousands of Canadians, highlights a glaring gap in Canada's air passenger protection system that is exacerbated by scarce competition. Nearly a week since Air Canada began cancelling flights ahead of the strike deadline, many are still struggling to get what they're owed in this labour disruption, including refunds and rebookings. 'Air Canada and its flight attendants have totally left us high and dry,' said Adam Rabiner of North Vancouver. Air Canada resumes flying after flight attendants' strike ends Air Canada's flight attendant strike disrupts travel for thousands of people, at home and abroad Mr. Rabiner said he was set to fly to Paraguay on an Air Canada flight on Thursday to chaperone his daughter while she played at the Junior Pan American Karate Championships. Instead, he spent $1,300 on non-refundable tickets with another airline after he wasn't able to reach Air Canada to find out whether his flight was still leaving as scheduled or get a refund or rebooking. 'Unless they do something to compensate us and communicate with us properly, I will refuse to book with them again,' he said. While Mr. Rabiner has a few other options – WestJet, Porter and Flair for domestic flights, for example – the selection is slim. And that's part of the reason why passengers are in this mess to begin with, consumer advocates say. Airlines work to add flights, make schedule adjustments in face of Air Canada labour dispute 'If we had more competition in Canada, the airlines would be inclined to treat their passengers better and their workers better,' said Tahira Dawood, staff lawyer at the Public Interest Advocacy Centre. 'A lot of these problems would have not arose in the first place.' The rules meant to protect passengers' rights and their enforcement have also come under criticism. Canada's Air Passenger Protection Regulations require airlines to financially compensate passengers beyond rebookings or refunds when the disruption is within the airline's control and not related to safety. However, labour disruptions in Canada are considered outside the airline's control, which means passengers are owed little beyond the choice of a refund or rebooking. And even then, holding airlines to account has been difficult, Ms. Dawood said. When an airline fails to meet its obligations under Canada's Air Passenger Protection Rules, passengers have few avenues to turn to beyond an overburdened transportation regulator. (The Canadian Transportation Agency saw its backlog reach 87,000 complaints earlier this year.) Air Canada, the airline oligopoly and the abused consumer When it comes to flying with other carriers, alternatives in Canada are scarce. A June report from the Competition Bureau highlighted the issue and recommended opening up the domestic industry to foreign ownership, limiting mergers of carriers and removing operational barriers for smaller airports. Elsewhere, there are far stronger protections available to passengers in the event of labour disruptions. Strikes by an airline in both the European Union and Britain are considered within the airline's control, triggering compensation and duty of care obligations. 'In Europe and the U.K., the rule is simple,' said John Marzo, co-founder and chief executive officer of Airfairness, a travel tech and consumer protection company. 'If it's the airline's own employees on strike, you can claim compensation under EC261 or UK261.' Under EU Regulation 261, courts have consistently held that strikes by airline staff are not 'extraordinary circumstances,' said Baqa Rashdi, the managing director and senior lawyer at Law Booth in Mississauga, whose practice deals with criminal, family and civil litigation. His research into aviation law has been personal. Under the EU model, Air France paid him compensation quickly for a delay on a trip to Spain and openly acknowledged its mistake, he said. With Air Canada, 'I was essentially compensated with a credit toward a future flight.' Since labour relations by an airline in Europe are considered part of the carrier's ordinary business risks under its regulations, passengers are typically entitled to compensation when a flight is cancelled or delayed. In defying the back-to-work order, CUPE took a calculated risk that paid off The amount depends on flight distance and length of delay. But in general, the EU has put a clear price tag on passenger inconvenience: €250 (about $400) for short-haul, €400 for medium and €600 for long-haul flights, Mr. Rashidi said. The EU's framework has been effective in expanding consumer rights and creating predictable outcomes, reinforced by strong case law, he said. 'Canada's system has been criticized for carving out too many exceptions, strikes being one of the clearest examples.' While airlines often argue that giving out compensation at a high rate could drive up fares, Ms. Dawood referred to the Competition Bureau's July report that found higher Canadian fares are more closely tied to limited competition and concentrated ownership. The Competition Bureau's report also recommended removing exclusivity clauses on international flights that restrict competition and expanding Canadian Air Transport Security Authority services, which oversee specific elements of air safety, to smaller secondary airports. For example, the exclusivity clauses in ground leases at Montréal-Trudeau International Airport prohibit international flights at nearby secondary airports to limit competition. Removing these restrictions, among other barriers, would give passengers and workers more options, the report found. For now, passengers in Canada are left to suffer the effects of poor enforcement of air protection rights and an uncompetitive industry said Geoff White, executive director and general counsel at the Public Interest Advocacy Centre. 'This will take a legislative fix – this is fundamentally a failure of competition,' Mr. White said. 'When it comes to Canada's addiction to monopolies, it's a matter of political will.'
