Latest news with #ShaneOsborn
Bloomberg
24-05-2025
- Business
- Bloomberg
Michelin-Starred Team Embrace Hong Kong's New Frugality With Budget Cafe
Hong Kong's days of excess are in the past. The mainland Chinese shoppers who once shone in gaudy LVMH and Gucci outfits are gone, replaced by backpackers crowd-seeking experiences. Expats who partied on Wyndham Street departed for Singapore, Dubai or London, where they sometimes think of mountain trails and summer junks. Local residents, who protested against the creeping influence of Beijing, now prefer to spend their weekends across the border, where things are cheaper and the service often better. In such a tough market, Hong Kong restaurateurs are increasingly looking to boost business by offering value for money. Servo, a new cafe named after Australian slang for a petrol service station where drivers might pick up a meat pie and a coffee, is emblematic of this welcome trend. The restaurant, which is more like a coffee shop by day and wine bar by night, is the latest venture by the Arcane Collective's Shane Osborn, Michael Smith and Didier Yang. Located in Central's On Lan Street, opposite their one-Michelin-starred restaurant Arcane, Servo is as unobtrusive on the outside as it is muted on the inside. White walls, light wood tables, darkly dressed staff and metallic open kitchen are matched by the arid brown of the paired bottles of HP Sauce and Vegemite jars in a cabinet by the miniscule kitchen. The only non-neutral color is green — the shade favored by the painter Edward Hopper — seen in a tiny painting of a plant, in stacked plastic crates and outside, in an old sign advertising the site's predecessor Uncle Eric's Vintage Wine Bar.
Associated Press
20-05-2025
- Business
- Associated Press
Shane Osborn Appointed Chief Operating Officer of Ocean Thermal Energy Corporation
PHILADELPHIA, PA / ACCESS Newswire / May 20, 2025 / Ocean Thermal Energy Corporation (OTE Corp), a leading renewable energy company specializing in Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC), is pleased to announce the appointment of Shane Osborn as its new Chief Operating Officer (COO). Shane Osborn brings an exceptional track record of leadership and operational excellence, having previously served as Program Manager for Federal and Commercial Partnerships at OTE Corp. His extensive experience encompasses high-level roles in the military, government, finance, and renewable energy sectors. A decorated U.S. Navy veteran, Osborn earned international acclaim for his courageous leadership when he successfully landed a severely damaged U.S. Navy EP-3 aircraft after a mid-air collision in 2001 and led his crew through 12 days of imprisonment by the Chinese government, earning the Distinguished Flying Cross and the Meritorious Service Medal for his heroism. Following his military career, Osborn served as Nebraska State Treasurer, managing over 27 billion dollars in pension assets and earning recognition for transparency initiatives. Additionally, he founded and led RWH Energy, a Service-Disabled Veteran-Owned Small Business (SDVOSB) recognized as an approved Energy Service Company (ESCO) by the U.S. Department of Energy. In his new role as COO, Osborn will oversee all operational aspects of OTE Corp, driving efficiency, innovation, and strategic growth initiatives. He will play a critical role in scaling OTE's infrastructure projects, strengthening partnerships, and ensuring operational excellence across all company activities, including pivotal contracts with the U.S. Army, U.S. Navy, U.S. Department of Defense, and commercial partners. Jeremy P. Feakins, Chairman and CEO of OTE Corp, stated, 'We are thrilled to announce Shane Osborn's appointment as Chief Operating Officer. Shane's extraordinary leadership skills, organizational expertise, and unwavering commitment to excellence have already significantly advanced our mission. His elevation to COO ensures our continued operational success and positions us for substantial future growth."Osborn's leadership and operational capabilities will enhance OTE Corp's ability to deliver innovative, sustainable solutions that promote energy independence and resiliency, particularly for remote and mission-critical military installations and global communities facing energy and freshwater challenges. About Ocean Thermal Energy Corporation (OTE Corp) OTE Corp is a U.S.-based energy company specializing in Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC) systems. OTEC harnesses ocean temperature differentials to produce sustainable, continuous, 24/7 power, vital for U.S. military bases and coastal communities in tropical regions. SWAC systems utilize deep seawater to provide efficient cooling solutions, significantly reducing energy consumption. Safe Harbor Statement Except for historical information contained herein, this release contains forward-looking statements made under the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to risks and uncertainties detailed in OTE's filings with the Securities and Exchange Commission. Contact Jeremy P. Feakins Chairman and Chief Executive Officer [email protected] +1 917 679 2005 SOURCE: Ocean Thermal Energy Corp. press release
Associated Press
08-04-2025
- Business
- Associated Press
Shane Osborn Joins Ocean Thermal Energy Corporation as Program Manager for Federal and Commercial Partnerships
Philadelphia, PA April 07, 2025 --( Ocean Thermal Energy Corporation (OTE Corp), a leader in energy and desalinated water solutions, proudly announces the appointment of Shane Osborn as Program Manager for Federal and Commercial Partnerships. Osborn brings decades of leadership experience in the military, government, and renewable energy sectors, making him a valuable asset in advancing OTE Carp's growing portfolio of defense and commercial projects. As a combat-decorated U.S. Navy veteran, Osborn earned international recognition for his extraordinary leadership after safely landing a damaged U.S. Navy EP-3 aircraft following a mid-air collision in international airspace with a Chinese fighter jet in 2001. His heroism earned him the Distinguished Flying Cross and the Meritorious Service Medal. Osborn later served as Nebraska State Treasurer, overseeing over Sl7 billion in pension assets and implementing award-winning transparency initiatives. He is also the founder and CEO of RWH Energy, a Service-Disabled Veteran-Owned Small Business (SDVOSB) recognized by the U.S. Department of Energy as an approved Energy Service Company (ESCO). In his new role at OTE Corp, Osborn will lead engagement with the U.S. Department of Defense, U.S. Army, U.S. Navy, and strategic commercial partners, helping to identify, secure, and manage mission-critical energy and water infrastructure projects that will improve resiliency through energy independence for remote military bases in tropical regions. 'We are honored to welcome Shane to the OTE team,' said Jeremy P. Feakins, Chairman and Chief Executive Officer at OTE Corp. 'His leadership, integrity, and extensive federal experience perfectly align with our mission to deliver sustainable infrastructure where it's needed most.' Contract for U.S. Army Through Johnson Controls OTE Corp is executing a significant contract with Johnson Controls to support a U.S. Army base in the Pacific. This project focuses on implementing advanced Ocean Thermal Energy Conversion (OTEC) technology to enhance energy resilience and reduce dependence on imported fuels. OTE's systems are designed to deliver continuous, 24/7 baseload renewable power tailored for the unique needs of remote or mission-critical military installations. This contract represents a pivotal milestone for OTE Corp, underscoring the U.S. military's confidence in our deep technical expertise, engineering innovation, and decades-long experience with OTEC technology. About Ocean Thermal Energy Corporation (OTE Corp) OTE Corp is a U.S.-based renewable energy company specializing in Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC) systems. OTEC harnesses the temperature difference between warm surface and cold deep seawater to generate clean, reliable, and sustainable baseload power, making it especially valuable in tropical regions and island nations. SWAC uses deep seawater to deliver energy-efficient cooling for buildings and facilities, dramatically reducing electricity consumption and emissions. With a long history of developing OTEC systems for U.S. military and island applications, OTE Corp is positioned at the forefront of climate-resilient infrastructure, helping to meet energy and water security needs in strategic global locations. Safe Harbor Statement Except for the historical information contained herein, this press release contains forward-looking statements made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that statements in this press release regarding OTE's plans or expectations constitute forward-looking statements. These statements involve risks and uncertainties that can cause actual results to differ materially from those in such forward-looking statements. These risks and uncertainties include, without limitation: a decision by any of the interested parties to not enter into a definitive power purchase agreement; the inability of the parties to successfully negotiate and enter into a definitive power purchase agreement; the inability of the parties to meet every closing condition contained in such definitive power purchase agreement and the protection and maintenance of OTE's intellectual property rights. Additional information and factors that could cause actual results to differ materially from those in the forward-looking statements are contained in OTE's periodic reports filed with the Securities and Exchange Commission under the heading 'Risk Factors.' Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made, and the facts and assumptions underlying the forward-looking statements may change. Except as required by law, OTE disclaims any obligation to update these forward-looking statements to reflect future information, events, or circumstances. 717-299-1344
