Latest news with #IEL
Yahoo
01-06-2025
- Business
- Yahoo
Southern Company, EPRI Program To Accelerate Emerging Technologies
ATLANTA, GA / / May 31, 2025 / Southern Company and EPRI, a non-profit energy research and development organization, are launching a pilot program to advance technologies that will support an affordable, reliable and resilient energy future. The Emerging Technologies Pilot Program (ETP Program) is a collaborative initiative that will accelerate the validation and deployment of cutting-edge energy solutions. This unique collaboration will leverage Southern Company's ability to serve energy to homes and businesses and EPRI's experience connecting start-up companies with energy providers through its Incubatenergy Labs (IEL) program. The ETP program is designed to address many of the challenges major corporations often face when implementing new products or services and aims to shorten the amount of time it takes to gain value from novel technologies. Maximizing this "time to value" will provide access to smaller companies that can help the power industry to more rapidly assess, prepare and eventually integrate technologies that will shape the future of energy. Under this program, Southern Company will identify critical strategic and operational needs, and EPRI will utilize its extensive network and technical expertise to connect with companies whose technologies meet those business objectives. Based on EPRI's research and insights, Southern Company will then prioritize and advance he most promising concepts for potential future development. The ETP Program will streamline processes and take advantage of the collective expertise of Southern Company and EPRI, with the key benefits to: Accelerate pilot selection and advancement: EPRI's rigorous evaluation process will support efforts to identify compelling companies, streamlining the technology review and contracting process. Enhance resource utilization: Southern Company will utilize EPRI's expertise and resources to help address constraints often associated with integrating a startup company's technology into a large corporate enterprise. Reduce risk: The program's ability to leverage EPRI's expertise and resources will create a "sandbox" environment that will help mitigate risks associated with demonstrating new technologies. "The energy landscape is rapidly evolving, and it is crucial that we embrace innovation to meet the growing demands of our customers," said Robin Lanier, New Ventures director for Southern Company. "The Emerging Technologies Pilot Program with EPRI will enable us to quickly identify and validate promising technologies, and help ensure that we remain at the forefront of energy innovation and continue to deliver clean, safe, reliable and affordable energy solutions." "EPRI is committed to accelerating the development and deployment of advanced technologies that support affordable, reliable and resilient energy," said Dan Killoren, head of the Global Innovation Hub for EPRI. "We look forward to working with Southern Company and its subsidiaries in this collaboration as we further our goal of rapidly evaluating and integrating innovative solutions that can benefit the energy industry and society." About Southern CompanySouthern Company (NYSE:SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable and affordable energy with excellent service is our mission. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy infrastructure company with national capabilities, a fiber optics network and telecommunications services. Through an industry-leading commitment to innovation, resilience and sustainability, we are taking action to meet customers' and communities' needs while advancing our goal of net-zero greenhouse gas emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture has been recognized by a variety of organizations, earning the company awards and recognitions that reflect Our Values and dedication to service. To learn more, visit About EPRIFounded in 1972, EPRI is the world's preeminent independent, non-profit energy research and development organization, with offices around the world. EPRI's trusted experts collaborate with more than 450 companies in 45 countries, driving innovation to ensure the public has clean, safe, reliable, affordable energy, and equitable access to electricity across the globe. Together…shaping the future of energy®. SOURCE Southern Company For further information: Southern Company Media Relations, 404-506-5333 or 1-866-506-5333, View additional multimedia and more ESG storytelling from Southern Company on Info:Spokesperson: Southern CompanyWebsite: info@ SOURCE: Southern Company View the original press release on ACCESS Newswire
Business Standard
29-05-2025
- Business
- Business Standard
IEL reports standalone net loss of Rs 0.22 crore in the March 2025 quarter
Sales decline 99.89% to Rs 0.01 crore Net loss of IEL reported to Rs 0.22 crore in the quarter ended March 2025 as against net profit of Rs 0.14 crore during the previous quarter ended March 2024. Sales declined 99.89% to Rs 0.01 crore in the quarter ended March 2025 as against Rs 9.12 crore during the previous quarter ended March 2024. For the full year,net profit rose 65.38% to Rs 0.43 crore in the year ended March 2025 as against Rs 0.26 crore during the previous year ended March 2024. Sales declined 64.31% to Rs 6.16 crore in the year ended March 2025 as against Rs 17.26 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 0.019.12 -100 6.1617.26 -64 OPM % -2600.002.19 - 9.582.20 - PBDT -0.260.20 PL 0.610.38 61 PBT -0.270.19 PL 0.580.35 66 NP -0.220.14 PL 0.430.26 65
Yahoo
27-03-2025
- Business
- Yahoo
What Is IDP Education Limited's (ASX:IEL) Share Price Doing?
IDP Education Limited (ASX:IEL), is not the largest company out there, but it saw significant share price movement during recent months on the ASX, rising to highs of AU$13.34 and falling to the lows of AU$8.78. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether IDP Education's current trading price of AU$9.57 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at IDP Education's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. The end of cancer? These 15 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. IDP Education is currently expensive based on our price multiple model, where we look at the company's price-to-earnings ratio in comparison to the industry average. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 28x is currently well-above the industry average of 15.15x, meaning that it is trading at a more expensive price relative to its peers. But, is there another opportunity to buy low in the future? Since IDP Education's share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. See our latest analysis for IDP Education Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. IDP Education's earnings over the next few years are expected to increase by 79%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. Are you a shareholder? IEL's optimistic future growth appears to have been factored into the current share price, with shares trading above industry price multiples. At this current price, shareholders may be asking a different question – should I sell? If you believe IEL should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed. Are you a potential investor? If you've been keeping tabs on IEL for some time, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the optimistic prospect is encouraging for IEL, which means it's worth diving deeper into other factors in order to take advantage of the next price drop. In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. Every company has risks, and we've spotted 2 warning signs for IDP Education you should know about. If you are no longer interested in IDP Education, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Zawya
27-03-2025
- Business
- Zawya
Aquaterra Energy secures multi-million-dollar well intervention contract with Intrepid Energy in Nigeria
Norwich, UK: Aquaterra Energy, a leader in offshore engineering solutions, has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria. Aquaterra Energy's turnkey well access package will enable IEL to conduct intervention operations across multiple mature oil wells in the region, supporting enhanced reservoir production. The contract includes the supply of a complete seabed-to-surface intervention system and package, spanning from the subsea tree to surface intervention equipment. Key components include Aquaterra Energy's TRT tieback tooling, which provides production bore and annular access, a lightweight well pressure control system, and an ISO 13628-7 qualified open water intervention riser with an integrated tensioning system. In addition to equipment provision, Aquaterra Energy will also deliver ongoing offshore engineering support throughout the project. The 7- 3/8' lightweight well access solution, has been specifically engineered for deployment from jack-ups and lift boats. This innovative approach offers a cost-effective and operationally efficient alternative to floating vessels, reducing intervention costs while maintaining high safety and performance standards. Andrew McDowell, Delivery Director at Aquaterra Energy comments: "Our expertise in offshore engineering allows us to develop tailored intervention solutions that address the operational challenges of subsea well access. This system has been engineered for efficiency, ease of deployment, and safety, helping IEL optimise intervention activities across Nigeria while reducing costs. By delivering a complete, integrated package, we are simplifying complex operations and enabling operators to maximise production potential.' Engr Seun Alonge, CEO at Intrepid Energy Limited adds: 'Working with Aquaterra Energy marks a significant step forward for our intervention operations in Nigeria. Their specialised technology enhances our ability to execute intervention programmes efficiently, maximising performance across our assets. By combining Aquaterra's technical expertise with our deep understanding of the local operating environment, we're confident this collaboration will enhance production outcomes and create lasting value for our operations in the region.' The project is set to support intervention operations over multiple years, with Aquaterra Energy providing ongoing technical expertise, with a dedicated team of engineers providing ongoing service support throughout the project. George Morrison, CEO at Aquaterra Energy: "Delivering reliable and efficient well access solutions for shallow water subsea operations is central to how we support offshore operators. This collaboration with IEL reinforces our commitment to providing cutting-edge engineering solutions that enhance efficiency and reduce operational costs. With West Africa playing an important role in the global energy sector, we're proud to continue supporting its offshore industry with our expertise and innovative technologies.' About Aquaterra Energy Aquaterra Energy is a provider of equipment and solutions to the global offshore energy industry, helping clients drive efficient and sustainable offshore operations from drilling and field development, to decommissioning, carbon capture and storage, renewable and hydrogen projects. The company provides services across the seabed-to-surface value chain, and specialises in riser systems and design analysis, tools and products needed during the first days of a well's operation, and components for offshore structures, including the Sea Swift platform, which provides a technologically superior and more cost-effective alternative for projects in shallow waters. Many of Aquaterra Energy's most popular tools and products are available on either a rental or purchase basis. The company was founded in 2005, and has supported customers in the North Sea, South East Asia, West Africa, the Caribbean and Australia. Aquaterra Energy is headquartered in Norwich, UK, and has additional offices in the UK, Norway, Perth and Egypt. Media contact Victoria Chilton Aspectus Group
