Latest news with #Acme
Yahoo
29-05-2025
- Entertainment
- Yahoo
CMA Fest 2025: See which roads plan to close in downtown Nashville
NASHVILLE, Tenn. (WKRN) — Road closures are scheduled to begin this week in downtown Nashville as the city prepares for the world's longest-running Country music festival to return. CMA Fest will take place from June 5-8. However, road closures are set to begin as early as Thursday, May 29, days before the four-day festival is set to begin. According to festival organizers, here are road closures for the CMA Fest 2025: 1st Avenue from Demonbreun to Broadway Northbound lane of 1st Avenue from Broadway to Church Street Alley behind Acme Feed/13 Aly from 1st Avenue to 2nd Avenue Alley behind Acme and Pesca Lot/12 Aly from Pedestrian Bridge to 13 Aly Beginning at 7 a.m., all of these roads will close and are not expected to open until 7 p.m. Monday, June 9. Who's performing at CMA Fest? See the full 2025 lineup Meanwhile, 1st Ave. from Molloy Street to Demonbreun is expected to reopen at 5 a.m. on Wednesday, June 4. The westbound lane of Demonbreun from 4th Avenue to Rep. John Lewis Way will close at 9 a.m. and reopen by 7 p.m. One lane of Demonbreun from 4th Avenue to Rep. John Lewis Way will close at 9 am. and reopen at 7 p.m. Rep. John Lewis Way from Demonbreun to Broadway will close at 6 a.m. At 7 a.m., 1st Avenue from Broadway to Church Street will close Both routes are scheduled to reopen by 8 p.m. Monday, June 9. Additionally, the westbound lane of Demonbreun from 4th Avenue to Rep. John Lewis Way will close at 9 a.m. and reopen by 7 p.m. At midnight, the following routes will close to traffic flow: South 1st Street from Woodland Street to Russell Street Russell Street from 2nd Street to Titans Way Titans Way from Russell Street to Victory Avenue Victory Avenue from Titans Way to South 2nd Street All of those routes will remains closed through June 10. In addition to the closures above, Broadway from 1st Avenue to 2nd Avenue, and a westbound lane of Demonbreun from 4th Avenue to Rep. John Lewis Way, will close at 7 a.m. Symphony Place from 3rd Avenue to 4th Avenue will close at 7 a.m. and is scheduled to reopen around 5 p.m. on Tuesday, June 10. | READ MORE | Meanwhile, a westbound lane of Demonbreun from 4th Avenue to Rep. John Lewis Way will stay closed until 7 p.m. In addition to that closure, Broadway from 2nd Avenue to 4th Avenue will reopen at 3 a.m. on Monday, June 9. Demonbreun from 4th Avenue to Rep. John Lewis Way 1st Avenue from Korean Veterans Boulevard to Demonbreun Molloy Street from 1st Avenue to 2nd Avenue Demonbreun from 1st Avenue to 2nd Avenue Westbound lane of Shelby/Korean Veterans Boulevard from South 2nd Street to 1st Avenue East lane of Broadway from 6th Avenue to Rep. John Lewis Way Southbound lane of 4th Avenue South from Broadway to Demonbreun Northbound lane of 6th Avenue South from Korean Veteans Boulevard to Demonbreun Eastbound lane of Commerce Street from Rep. John Lewis Way to 3rd Avenue North Northbound lane of South 1st Street from 2nd Street to Victory Avenue All of those routes will remains closed through June 9. Both Rep. John Lewis Way from Korean Veterans Boulevard to Demonbreun Street, and Demonbreun from Rep. John Lewis Way from 6th Avenue, will stay closed until 7 p.m. From 7 a.m. – 7 p.m., Rep. John Lewis Way from Korean Veterans Boulevard, and Demonbreun from Rep. John Lewis Way to 6th Avenue, will be closed. Rep. John Lewis Way from Korean Veterans Boulevard to Demonbreun Street, and Demonbreun from Rep. John Lewis Way to 6th Avenue, will be closed from 7 a.m. – 7 p.m. ⏩ Beginning at 7 a.m., traffic will be closed on Rep. John Lewis Way from Korean Veterans Boulevard to Demonbreun, and Demonbreun from Rep. John Lewis Way to 6th Avenue. Officials said the roads should reopen by 7 p.m. The westbound lane of Demonbreun from 4th Avenue to Rep. John Lewis Way will be closed until 10 p.m. From 9 a.m. to 5 p.m., the northbound lane of 1st Avenue from Demonbreun to Church Street will remain closed. To learn more about the four-day festival, follow this link. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Business Standard
20-05-2025
- Business
- Business Standard
Acme Solar Q4 PAT fall 77% YoY to Rs 123 cr
Acme Solar Holdings reported a 76.82% decline in consolidated net profit to Rs 123.36 crore in Q4 FY25, compared to Rs 532.39 crore in Q4 FY24. Despite the steep drop in profitability, the companys revenue from operations surged 64.95% to Rs 486.89 crore during the quarter, reflecting strong topline growth. The company reported a profit before exceptional items of Rs 180.35 crore, compared to a loss of Rs 14.99 crore in the same period last year. However, the firm has reported an exceptional loss of Rs 14.08 crore was recorded during the quarter. EBITDA for the quarter increased sharply by 118.3% YoY to Rs 488 crore, up from Rs 224 crore in Q4 FY24. The EBITDA margin also improved significantly to 90.5% in Q4 FY25, from 70.3% reported in Q4 FY24. For the full financial year FY25, the companys consolidated net profit dropped 63.87% to Rs 252.11 crore, even as revenue from operations rose 6.54% to Rs 1,405.13 crore compared to FY24. The companys net debt stood at Rs 7,507 crore as of FY25, with Rs 6,232 crore linked to the operational portfolio and Rs 1,275 crore associated with under-construction (UC) capacity. The net debt-to-EBITDA ratio came in at 4.4x, comfortably within the companys target range of 5.5x. During the year, Acme commissioned 1,200 MW of solar power projects. In addition, 165 MW of capacity was commissioned in May 2025, representing a 101.9% increase over the previous fiscal year. The company won 1,900 MW in new projects, taking its total portfolio to 6,970 MW. It also signed 1,890 MW of Power Purchase Agreements (PPAs) during FY25. Operationally, the company achieved a Capacity Utilisation Factor (CUF) of 25.6%, generating 4,013 million units (MUs) of electricityup 55.2% year-on-year. Acme also strengthened its balance sheet through an equity raise, improving the net debt-to-net worth ratio to 1.7x, positioning the company well for future growth. Manoj Kumar Upadhyay, chairperson & MD, ACME Solar Holdings, said, As Indias energy landscape evolves, ACME Solar is well-positioned to lead the transition towards integrated, scalable, and firm renewable energy solutions. FY25 has been a remarkable year for us. We significantly expanded our operational portfolio and successfully commissioned our largest single-location projectthe 1,200 MW SECI ISTS solar project. This capacity build-out, aligned with disciplined capital structuring, is now translating into stronger earnings performance. In Q4 FY25, our revenue rose by 70% year-on-year to Rs 539 crore, while EBITDA surged 118% to Rs 488 crore. As we continue to scale our presence in the hybrid and FDRE space, our business is becoming more resilient and future ready. With over 4,265 MW under construction and strong alignment across stakeholders, we are confident in our ability to deliver sustained growth and long-term value creation. Looking ahead, we are targeting a contracted capacity portfolio of 10 GW by 2030, reinforcing our commitment to sustainable growth and energy transition leadership. ACME Solar Holdings (ACML) is a renewable power generation company in India with a portfolio of solar, wind, hybrid and FDRE (firm and dispatchable renewable energy) projects. The counter slipped 2.94% to Rs 239.05 on the BSE.
Time of India
20-05-2025
- Business
- Time of India
Acme Solar FY25 PAT up 130.7% to ₹251 cr; adds 1,200 MW solar capacity
New Delhi: Acme Solar Holdings Ltd reported a 130.7 per cent year-on-year increase in profit after tax (PAT) to ₹251 crore in the financial year ended March 2025 (FY25), compared to ₹109 crore in FY24. The company's consolidated total revenue rose 7.4 per cent to ₹1,575 crore in FY25 from ₹1,466 crore in the previous year. The company commissioned 1,200 MW of solar capacity during FY25, including one of India's largest single-location solar projects in Jaisalmer, Rajasthan. In May 2025, it commissioned an additional 165 MW as part of the 300 MW Acme Sikar solar project. During the year, the company secured 1,900 MW of new project capacity—comprising 1,000 MW of firm and dispatchable renewable energy (FDRE), 600 MW solar, and 300 MW hybrid—and signed 1,890 MW of power purchase agreements (PPAs). The total contracted portfolio now stands at 6,970 MW. Power generation for FY25 stood at 4,013 million units (MUs), up 55.2 per cent from FY24. The company's capacity utilisation factor (CUF) improved to 25.6 per cent from 23.6 per cent in the previous year. In the fourth quarter, Rajasthan-based operational assets with 1,950 MW contracted capacity delivered an average CUF of 29.4 per cent. Plant and grid availability for the year stood at 99.5 per cent and 99.8 per cent respectively. For Q4 FY25, Acme reported a 69.5 per cent year-on-year rise in revenue to ₹539 crore. EBITDA increased by 118.3 per cent to ₹488 crore, with a quarterly EBITDA margin of 90.5 per cent. The PAT for Q4 FY25 was ₹122 crore, compared to a loss of ₹57 crore in Q4 FY24. Cash PAT rose to ₹238 crore from a negative ₹103 crore in the same quarter last year. Standalone financials for FY25, which reflect the in-house EPC business, reported revenue of ₹1,512 crore, EBITDA of ₹428 crore and cash PAT of ₹188 crore. The company said it tied up ₹7,700 crore of refinancing for its operational portfolio at an average interest rate of 8.8 per cent per annum, resulting in an average debt cost reduction of 75 basis points. It also secured debt financing of ₹16,500 crore for 1,700 MW of under-construction projects. Net debt as of FY25 stood at ₹7,507 crore, including ₹6,232 crore for operational assets and ₹1,275 crore for under-construction capacity. Net debt-to-EBITDA stood at 4.4x, within the target range of 5.5x. Days Sales Outstanding improved from 93 days in FY24 to 42 days in FY25.
Calgary Herald
16-05-2025
- Lifestyle
- Calgary Herald
Cooking space impresses in Cedarglen's Acme
In cramped spaces, cooking sure isn't fun. That's especially true when multiple people are playing a role in putting the meal together. Article content Article content Use of both size and smart design can ensure dinner preparation is a positive experience for all involved. Article content People in search of a paired home will see this in the Acme 18. This is a model ranging from between 1,486 and 1,574 square feet by Cedarglen Homes. Article content It's currently displayed as a show home in CreekView. This new southwest Calgary community is located roughly 10 minutes south of the amenity-stocked Shawnessy Shopping Centre. Article content Acme's kitchen is in a grand, L-shaped orientation at the back of the main level. A benefit to this format is its extensive surface area on which to chop, peel and season. Article content Article content Toggle full screen modePrevious Gallery Image Next Gallery ImageToggle gallery captions Article content Article content A partial wall separates the central dining area from the front-facing great room. This makes the latter feel more significant. Article content Measuring 10 feet 10 inches by 14 feet four inches, the great room is a bright and welcoming gathering space. Article content Article content The distance between the dining area and kitchen is significant. As such, there's flexibility — making it possible add a second smaller table when the occasion calls for it. Article content This home also provides an answer for people who work remotely. Across from the great room is a cutout area for a desk, delivering a functional work station. Article content If no member of the family works from home, this at least supports the needs of the children of the family when working on a school assignment. Article content On the second level, the primary bedroom is positioned at the back of the floor plan and two secondary bedrooms are side-by-side up front. Article content For more sleep spaces, the show home presents a developed basement with two additional bedrooms. Article content The 13-foot one inch by 10-foot eight inch primary boasts an ensuite and walk-in closet that connect. This simplifies one's weekday morning routine. Article content The ensuite features a shower with full-height tile and a vanity with two sinks beneath a full-width mirror. There's a considerate amount of space between these sinks, letting both partners use this space at the same time without feeling cramped.
The Star
16-05-2025
- Business
- The Star
Acme to dispose of Penang land for RM22mil
PETALING JAYA: ACME Holdings Bhd is selling its property in Perai, Penang to Nation Robo Sdn Bhd for RM22mil cash. In a filing with Bursa Malaysia, Acme noted the leasehold industrial land and development thereon original cost of investment was RM9.2mil. It added the net book value of the property as at March 31, 2024 of RM3.75mil while the market value as appraised by Henry Butcher Malaysia (Seberang Perai) Sdn Bhd was RM21mil as of valuation date of July 23, 2024. The deal will allow Acme to book disposal gains of RM14.14mil. The sale is expected to be completed by the second half of 2025. Acme intends to use RM12mil of the sale proceeds to repay bank borrowing while another RM5.9mil will be utilised to repay trade creditors and for working capital requirements. - Bernama
