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News Article | November 28, 2016
Site: globenewswire.com

Warren N.J., Nov. 28, 2016 (GLOBE NEWSWIRE) -- MonoSol Rx, a specialty pharmaceutical company leveraging its PharmFilm® drug delivery technology to improve patient outcomes and to address unmet needs, today announced that it has filed a New Drug Application (NDA) with the U.S. Food and Drug Administration (FDA) for Tadalafil PharmFilm for the treatment of erectile dysfunction. “The filing of the NDA for Tadalafil PharmFilm is a significant milestone for MonoSol Rx and provides further evidence of the world-class capabilities of our development team. This application follows the successful completion of a pivotal pharmacokinetic study and a productive meeting with the FDA earlier this year,” said Dan Barber, Vice President of MonoSol Rx. “We believe that our product is well-positioned to compete in the multi-billion dollar erectile dysfunction market, based on its status as the first alternative to tadalafil tablets to file for FDA approval and our strong protective portfolio of patents. We look forward to working through the review process as we bring this innovative product to market.” Tadalafil is a PDE5 inhibitor currently marketed in pill form for the treatment of erectile dysfunction and benign prostatic hyperplasia (BPH) under the brand name Cialis®, and for treatment of pulmonary arterial hypertension under the brand name Adcirca®. Tadalafil PharmFilm will be offered in single pack doses and is expected to have several Orange Book listed patents upon approval. MonoSol Rx is currently exploring partnership opportunities for Tadalafil PharmFilm and has engaged ESC Advisors, a division of KEMA Partners LLC, to manage the partnering process. About MonoSol Rx MonoSol Rx is a specialty pharmaceutical company leveraging its proprietary PharmFilm drug delivery technology to develop products that improve patient outcomes and address unmet needs.   PharmFilm can benefit patients by improving the efficacy, safety, and compliance of pharmaceutical and over-the-counter products. MonoSol Rx 's leadership in film drug delivery is supported by strong IP protection, a robust pipeline of prescription drug formulations, and two FDA-approved products — Suboxone® (buprenorphine and naloxone) sublingual film and Zuplenz® (ondansetron) oral soluble film. For press releases and other company information, visit www.monosolrx.com.


News Article | October 30, 2015
Site: www.greentechmedia.com

Jeff Wolfe, co-founder of national solar installer groSolar, has joined Just Energy Group as senior VP of business strategy. Just Energy is a retail energy provider focused on electricity, natural gas, solar and green energy, offering  "long-term fixed-price, variable-price, and flat-bill programs, smart thermostats, and residential solar" to its approximately 2 million residential and commercial customers. Just Energy Group is the parent company of Amigo Energy, Commerce Energy, Green Star Energy, Hudson Energy, JE Solar, Tara Energy and TerraPass. Sasan Aminpour, until recently SVP of operations at SunEdison, is now the COO of SunEdison Frontier Power (helmed by Cathy Zoi). Kevin Christy has been moved from GM of global services to battery energy storage development at SunEdison. Lucid Chairman Will Coleman is joining the building optimization software firm as CEO. Coleman is a former partner at Mohr Davidow Ventures. Current CEO Vladi Shunturov will move to the role of president. To date in 2015, Lucid has added more than 6,000 buildings to its BuildingOS platform, according to the company. Minh Le is now the "Departing Director of the SunShot Initiative" at the Solar Energy Technologies Office of the U.S. Department of Energy. Le notes, "I am moving on to spend time as a senior advisor at the Office of Management and Budget at the White House, focusing primarily on developing and advancing clean water technologies." He adds, "It is with the hubris of having seen first-hand that government can accomplish big things through innovation, technology, and partnerships with academia, industry, national laboratories, and state and local governments that I take a small bite at this big challenge. Instead of 'grid parity,' I will be focused on 'pipe parity.' With innovation, we may be able to reduce the energy [requirements], carbon-intensity, and cost of fresh water production and purification." Aaron Halimi has joined Gardner Capital as senior VP of solar development. Prior to joining Gardner Capital, Halimi worked at Borrego Solar, "where he led the origination and development efforts of 43 megawatts of solar, across nine separate transactions, representing $100 million in solar project finance." Enertech Search Partners, an executive search firm with a dedicated cleantech practice, is the sponsor of the GTM jobs column. To see a snapshot of Enertech's active searches, click here. 8minutenergy Renewables named Pablo Otin, formerly country manager for Gestamp Solar in North America, as VP of emerging markets. Otin has developed more than 2 gigawatts' worth of renewable projects in Europe and the U.S. and has developed solar PV projects in Mexico, Puerto Rico, Brazil and Panama. In a release, 8minutenergy CEO Martin Hermann said, “We plan to develop over 2,000 megawatts of solar PV projects in Latin America over the next five years." Desktop Metal, a 3-D printing startup that works with carbon fiber, raised $14 million in VC funding from NEA, KPCB and Lux Capital. According to Xconomy, the A round included "3-D printing giant Stratasys, Boston hardware investor and prototype shop Bolt, Founder Collective, Data Collective, and angel investors." The firm was founded by Ric Fulop, also the founder of lithium-ion battery maker A123 Systems. PV Nano Cell, a producer of "single-crystal" conductive inks, named Zvika Lifschitz, most recently CFO of Valens Semiconductor, as CFO. PV Nano Cell is developing silver and copper conductive inks for use in solar PV and printed electronics. SolarCity now has more than 14,000 employees in the U.S., and has been adding, on average, more than 500 new people per month in 2015. PV module manufacturer ReneSola "accepted the resignation" of its CFO, Daniel Lee, according to PVTech. Algenol lost its CEO, Paul Woods, changed its strategy and cut staff, according to reports. Woods is resigning for personal reasons, according to a release. Algenol has long aspired to make ethanol in bioreactors using cyanobacteria. Advanced Microgrid Solutions, which uses energy storage systems for electric utility grid support, named Kelly Warner as president. Already on the AMS board of directors, Warner most recently was CEO at Deerpath Energy, a micro-wind energy company that he founded. He also previously served as CEO of XENERGY and KEMA.


News Article | December 20, 2016
Site: www.marketwired.com

Power engineering veteran Stefanski takes the Helm at America's Largest High-Power Electrical Test Facility leading the safety, testing and certification services to critical power infrastructure organizations CHALFONT, PA--(Marketwired - Dec 20, 2016) -   DNV GL has appointed Tomasz Stefanski as director of its KEMA laboratory in Chalfont, the largest high power electrical testing laboratory in the United States. Stefanski, who took the reins earlier this year, is responsible for the overall operations and maintaining high technical standards of the facility. Stefanski brings more than 35 years of experience in operations, design, testing and maintenance of high voltage switchgear. In his 28 years at Powertech Labs, of which more recently as the manager of the high power lab, Stefanski has led and managed more than 1,800 projects involving development, routine, safety, quality and certification short circuit testing of transmission and distribution switchgear equipment performed for a world-wide spectrum of electrical manufacturers, utilities and research organizations. He has represented the Nations of the Americas on the Short Circuit Testing Liaison Technical Committee as a Technical Director of the STLNA. He is a member of the IEEE Power and Energy Society and participates in several working groups of the IEEE Switchgear Committee. He earned his M.Sc. degree in electrical engineering with a specialization in power engineering from the Technical University of Warsaw. "As the world energy infrastructure changes rapidly with the rise of power from renewable resources, integration of new technologies like energy storage and electric vehicles, test laboratories play a critical role in ensuring the safety and reliability of the power grid remains in place. I am proud to join DNV GL and lead the world's highest standard of power equipment testing," Stefanski said. KEMA Laboratories are globally recognized for independent accredited testing and inspection services to power equipment manufacturers, utilities and power companies, supplying the industrial, utility and power markets. "The team in Chalfont is highly qualified to assist our customers in designing, implementing and interpreting these types of tests," said Stefanski, "We have the facility, equipment and experience unequalled in North America to meet the most rigorous testing and certification needs of critical energy assets." The Chalfont facility, located just outside Philadelphia, is the largest high-power electrical testing laboratory in the Americas, with extensively broad capabilities. Testing determines how equipment works in practice and performs under extreme conditions equivalent to those experienced during service. These conditions can only be generated by test laboratories that have invested in proper equipment and experienced people who understand both the equipment and wide variety of test standards. The Chalfont lab contains world-class testing facilities for the testing of electrical equipment to IEEE, UL, IEC and other regional and international standards. "With Tom at the helm of the Chalfont lab, American utilities and network companies now have access to a great facility in their own backyards that can help them operate their power grids in the most reliable manner, through very knowledgeable and practical test experience," said Jacob Fonteijne, Executive Vice President of KEMA Labs. DNV GL Driven by our purpose of safeguarding life, property and the environment, DNV GL enables organizations to advance the safety and sustainability of their business. We provide classification and technical assurance along with software and independent expert advisory services to the maritime, oil & gas and energy industries. We also provide certification services to customers across a wide range of industries. Operating in more than 100 countries, our professionals are dedicated to helping our customers make the world safer, smarter and greener. In the Energy industry In DNV GL we unite the strengths of DNV, KEMA, Garrad Hassan, and GL Renewables Certification. DNV GL's 2,500 energy experts support customers around the globe in delivering a safe, reliable, efficient, and sustainable energy supply. We deliver world-renowned testing, certification and advisory services to the energy value chain including renewables and energy efficiency. Our expertise spans onshore and offshore wind power, solar, conventional generation, transmission and distribution, smart grids, and sustainable energy use, as well as energy markets and regulations. Our testing, certification and advisory services are delivered independent from each other.


DNV GL's second Trade Ally Pulse Survey, which measures the challenges and opportunities these key utility partners face in the marketplace, found that a reduction in operating and maintenance costs was the most effective means to sell energy efficiency, according to the contractors that work with utilities in demand-side management (DSM) programs. The survey findings reveal how these industry, architecture and engineering professionals perceive the benefits of participating in utility DSM programs and their insights on the barriers to program participation for their own customers. "As direct links to utility customers, trade allies' attitudes and activities can provide utilities with important insights to help increase DSM program awareness, meet energy savings goals and maintain customer satisfaction," said Karen Germain, DNV GL consultant and project manager for the survey. "An engaged, well-equipped trade ally network can extend a utility's reach and help achieve energy efficiency savings goals." The survey was first conducted in 2015 to measure 2014 DSM program activity and received feedback from 354 trade allies by email. It was conducted again in 2016 to review 2015's program trends and provides a broad view that characterizes the attitudes of contractors across the United States. The contractors primarily serve non-residential customers, including the industrial, large and small commercial, government and non-profit sectors. The survey participants represent a diverse mix of company types and sizes; a nearly equal number of respondents work at very small firms (17 percent) or very large firms (15 percent). The survey identified insights both on how DSM program participation is viewed by trade allies, as well as how utility customers view energy efficiency. Three trends emerged from the research: cost reduction as a motivation for customer participation in energy efficiency programs, a continued lack of understanding of energy efficiency by many potential customers and a desire for more training and support by the trade allies themselves. A Shift in Factors Influencing Energy Efficiency Sales While there are many benefits to installing energy-efficient technologies in a facility, reduced maintenance costs were the most convincing, with 65 percent of the respondents saying that this was the top selling point, besides overall reduced operating expenses. Other factors, like improved occupancy comfort (14 percent) and environmental benefit (10 percent) were significantly lower. "This indicates that the bottom line is the key driver for investments in energy efficiency," said Germain. The survey also asked which end-use technologies were most commonly installed for energy efficiency incentive-eligible projects in 2015. As consistent with the previous survey, 68 percent of trade ally firms indicated that lighting was the most common. Heating, ventilation and air conditioning (HVAC) was the next most common, at 18 percent of projects delivered for utility incentive programs across sectors. While lighting still remains the most popular type of project, HVAC and energy management systems showed a slight increase in the overall share of the technologies installed compared to 2014. Consumer Attitudes Remain an Obstacle The survey revealed three main barriers to participation: a lack of understanding of the value of energy efficiency, cash flow constraints and difficulty getting in front of the right decision makers. These barriers were consistent with the findings from the previous year's survey. Customers don't understand the value of energy efficiency rated as a moderate to very high barrier for 67 percent of respondents. Customers having cash flow constraints and needing financing also rated moderate to very high for 78 percent of respondents. Difficulty getting in front of the right decision makers rated as a moderate to very high barrier for 68 percent of the responding Trade Allies. However, rebate offers associated with energy efficiency programs were not too complex for customers to understand: a majority of the survey respondents (57 percent) rated it as a very low or low barrier. More Education from Utilities Desired Trade allies rely upon utilities for education about current DSM programs, sales coaching and technical consultation to deliver energy efficiency projects to customers. Of the 38 percent of trade allies who indicated they were not meeting with designated outreach professionals, 55 percent indicated that they would benefit from regular contact with an outreach professional either monthly or quarterly. For those who were already meeting with an outreach professional, meetings on a quarterly basis are preferred. "Overall, the survey indicates that trade allies highly value their relationships with utilities -- to the point where many build selling energy efficient technologies and rebates into their business plans," said Germain. "Small changes in the market, like the incremental increase in HVAC and energy management system projects, provide utilities with new ways to expand their energy efficiency portfolios and this market transformation can be supported through continued outreach and support of their program trade allies." The complete report is available here. DNV GL Driven by our purpose of safeguarding life, property and the environment, DNV GL enables organizations to advance the safety and sustainability of their business. We provide classification and technical assurance along with software and independent expert advisory services to the maritime, oil & gas and energy industries. We also provide certification services to customers across a wide range of industries. Operating in more than 100 countries, our professionals are dedicated to helping our customers make the world safer, smarter and greener. In the Energy Industry In DNV GL we unite the strengths of DNV, KEMA, Garrad Hassan and GL Renewables Certification. DNV GL's 2,500 energy experts support customers around the globe in delivering a safe, reliable, efficient and sustainable energy supply. We deliver world-renowned testing, certification and advisory services to the energy value chain including renewables and energy efficiency. Our expertise spans onshore and offshore wind power, solar, conventional generation, transmission and distribution, smart grids and sustainable energy use, as well as energy markets and regulations. Our testing, certification and advisory services are delivered independent from each other.


News Article | December 7, 2016
Site: www.prweb.com

Finicity, a leading provider of real-time financial data aggregation and insights, has secured $42 million in new funding. Experian, a global innovator in consumer and business credit reporting, led Finicity’s Series B round, along with a venture debt facility provided by Bridge Bank and participation from existing investors. Finicity will use the capital from its funding to expand its engineering and support teams, accelerating new solution development built upon its data aggregation platform. Expanding upon its financial management and payment initiation tools, Finicity will be offering a variety of solutions for the credit decisioning market. These solutions will streamline the loan origination process, improving accuracy while reducing risk and enabling a better customer experience. The initial offerings will focus on digitizing the legacy pen-and-paper process of asset and income verification. The funding will focus on growth at Finicity Data Services while also reinforcing operations at sister businesses Mvelopes and Aurora. “The emergence of the open financial web, and our ability to access and analyze account data, is enabling new thinking in financial services,” said Steve Smith, co-founder and CEO of Finicity. “This will improve existing processes and lead to better financial decisions for individuals and the institutions that serve them. We are grateful to Experian, Bridge Bank and our existing investors for believing in our vision and working with us to transform our market.” Finicity has more than a decade of experience in financial data insights and aggregation. Its aggregation platform delivers transaction and account data, account history, account verification and account statement data. This information allows a wide variety of financial institutions and fintech partners to create services and solutions for their customers around personal financial management, wealth management, online banking, lending, expense reporting, digital payments and more. Finicity solutions allow individual account owners to control and permission access to their financial data for use by financial institutions or fintech developers. With its additional focus on credit decisioning, Finicity has also been recently certified as a credit reporting agency. This provides consumers and financial institutions with added assurances as to data integrity, and it facilitates accuracy and transparency in the credit decisioning process. “With the multitude of disparate data sources in the financial industry, businesses are struggling to provide consumers with access to financial data through any application of their choosing. Bridge Bank is pleased to support Finicity in accelerating their business and further development of solutions that enable financial institutions and developers to deliver on the promise of data democratization,” said Kelly Cook, SVP, Bridge Bank Technology Banking. Thomas Fast, Managing Director at Ultra Advisors, an independent investment banking division of KEMA Partners, advised Finicity on the transaction. To stay up-to-date on Finicity news, announcements and press, visit http://www.finicity.com/newsroom. To learn more about Finicity products and services, visit http://www.finicity.com/products. For Mvelopes visit mvelopes.com, and for Aurora, visit aurorafi.com/products. About Finicity: Finicity enables a financial data-sharing ecosystem that is secure, inclusive and innovative. Through its real-time financial data aggregation and insights platform, Finicity provides solutions for financial management, payments and credit decisioning. It is also leading the development and promotion of industry standards, including next-gen OFX and TxPUSH. The company has developed more than 16,000 bank integrations, with the vast majority through direct connections to formatted bank data sources, improving information access and accuracy. Finicity is the winner of API World’s 2016 Finance API of the Year. To learn more and test-run the rock-solid API today, visit finicity.com.


van Dijk H.A.J.,Energy Research Center of the Netherlands | Walspurger S.,Energy Research Center of the Netherlands | Cobden P.D.,Energy Research Center of the Netherlands | van den Brink R.W.,Energy Research Center of the Netherlands | de Vos F.G.,KEMA
International Journal of Greenhouse Gas Control | Year: 2011

The feasibility of the sorption enhanced water gas shift (SEWGS) process under sour conditions is shown. The sour-SEWGS process constitutes a second generation pre-combustion carbon capture technology for the application in an IGCC. As a first critical step, the suitability of a K2CO3 promoted hydrotalcite-based CO2 sorbent is demonstrated by means of adsorption and regeneration experiments in the presence of 2000ppm H2S. In multiple cycle experiments at 400°C and 5bar, the sorbent displays reversible co-adsorption of CO2 and H2S. The CO2 sorption capacity is not significantly affected compared to sulphur-free conditions. A mechanistic model assuming two different sites for H2S interaction explains qualitatively the interactions of CO2 and H2S with the sorbent. On the type A sites, CO2 and H2S display competitive sorption where CO2 is favoured. The type B sites only allow H2S uptake and may involve the formation of metal sulphides. This material behaviour means that the sour-SEWGS process likely eliminates CO2 and H2S simultaneously from the syngas and that an almost CO2 and H2S-free H2 stream and a CO2+H2S stream can be produced. © 2010 Elsevier Ltd.


Langeveld J.W.A.,Biomass Research | Kalf R.,KEMA | Elbersen H.W.,Agrotechnology and Food Science Group
Biofuels, Bioproducts and Biorefining | Year: 2010

Development of bioenergy production in the Netherlands is lagging. This paper presents an inventory of problems met by new bioenergy chains and compares these to literature and to other countries. Theoretical frameworks suggest that five elements are crucial for successful bioenergy chain development: (i) availability of (proven) technology; (ii) access to information; (iii) access to feedstocks, financial means, and markets; (iv) locations for new installations; and (v) efficient lobby activities and public support. Nine bioenergy chains were interviewed. Problems that are reported relate to insufficient knowledge of new technological concepts, and of nuisances (noise, emission, odor, and other) caused during bioenergy production. Feedstock markets (wood, byproducts, waste) and product markets (heat, CO 2) are underdeveloped, while some chains are experiencing extra problems finding a suitable location or obtaining necessary permits. Problems related to insufficient public support are most relevant for bioenergy chains depending on tax exemptions (pure vegetation oil transportation fuels) or requiring adaptation of legislation (location permits for farm fermenters). An international comparison to barriers for biofuel suggests that economic factors (including lack of capital), limitations in know-how and institutional capacities, underdeveloped biomass and carbon markets, problems in chain coordination, and limited public support are largest problems for new bioenergy chains. Recommendations to stimulate bioenergy production in the Netherlands refer to performance standards for new installation types, information on feedstock availability, protocols for heat exchange and on improved credit facilities. © 2010 Society of Chemical Industry and John Wiley & Sons, Ltd.


Fertig E.,Carnegie Mellon University | Apt J.,Carnegie Mellon University | Jaramillo P.,Carnegie Mellon University | Katzenstein W.,KEMA
Environmental Research Letters | Year: 2012

We use time- and frequency-domain techniques to quantify the extent to which long-distance interconnection of wind plants in the United States would reduce the variability of wind power output. Previous work has shown that interconnection of just a few wind plants across moderate distances could greatly reduce the ratio of fast- to slow-ramping generators in the balancing portfolio. We find that interconnection of aggregate regional wind plants would not reduce this ratio further but would reduce variability at all frequencies examined. Further, interconnection of just a few wind plants reduces the average hourly change in power output, but interconnection across regions provides little further reduction. Interconnection also reduces the magnitude of low-probability step changes and doubles firm power output (capacity available at least 92% of the time) compared with a single region. First-order analysis indicates that balancing wind and providing firm power with local natural gas turbines would be more cost-effective than with transmission interconnection. For net load, increased wind capacity would require more balancing resources but in the same proportions by frequency as currently, justifying the practice of treating wind as negative load. © 2012 IOP Publishing Ltd.


Ploumen P.,KEMA | Stienstra G.,KEMA | Kamphuis H.,KEMA
Energy Procedia | Year: 2011

To fulfill the energy demand now and in the next decades, coal-fired power plants will be an essential part of the portfolio of power plants that supply electricity cheaply and in a reliable way. The specific CO2 emissions of these plants can be reduced by increasing the efficiency. For that reason KEMA did optimize the steam water cycle of ultra super critical (USC) coal-fired power plants within the EOS program. The improvements are based on the application of the so-called Master Cycle, and on the application of higher steam temperatures. In the Master Cycle cold reheat steam is used in an extra turbine and with steam extraction of this turbine feed water preheating is realized with reduced exergy losses. The turbine is called a tuning turbine reflecting the improved possibilities to tune and optimize the steam cycle with the new coupling where the regenerative heater train and the re-heaters have been decoupled. The Master Cycle is proposed by Dong Energy [1]. The first approach deals with the USC technology with a steam temperature of 600 °C and reheat temperatures of 620 °C. This technology is available at the moment and is applied in new built coal-fired power plants. The second approach deals with the USC technology with a steam temperature of 700 °C and reheat temperature of 720 °C. The expectation is that this technology can be applied around 2025 with the same availability as the USC units with 600 °C. The thermodynamic analyzes are carried out with KEMA's flow sheeting package SPENCE®. In all considered cases the thermal input was 2400 MWth. In case of the application of the Master Cycle a second reheat is introduced. Results will be discussed and presented in tables, t-s diagrams and h-p diagrams. Improvement of efficiency of coal fired power station technology can reduce the amount of CO2 emitted significantly. This paper shows that with current available technology and improvements an additional emission reduction of almost 10% can be realised by applying the USC 700 + MC. Compared to the world wide average an emission reduction of 66% can be achieved without CCS. In the continuation of the analysis post combustion technology will be integrated in the concept to analyze possible additional benefits of the master cycle with respect to steam supply for the regeneration of the solvents. © 2011 Published by Elsevier Ltd.


News Article | February 28, 2017
Site: www.marketwired.com

NEWTON, MA--(Marketwired - Feb 28, 2017) -  BRIDGE Energy Group, the leading consulting and systems integration company focused on improving utility operational performance, announced today that Hugo van Nispen has been appointed Chief Executive Officer. Mr. van Nispen has more than 25 successful years of utility and energy industry experience, most recently as President and CEO of KEMA, Inc., which he grew to be a recognized leader in energy consulting, testing and sustainability, and which has now merged with DNV GL, a global leader in risk management services. His background includes extensive work in grid modernization, systems implementation, strategy formulation and business process optimization. "I am looking forward to leading BRIDGE at a time when the utility industry is undergoing such transformational change meeting increasingly challenging customer, regulatory and shareholder expectations," said Mr. van Nispen. "The work the BRIDGE team does enabling clients to rapidly realize breakthrough results through grid modernization, operational effectiveness, cyber-security, and analytics, aligns perfectly with the critical solutions that utilities need to navigate through the business, technical and regulatory challenges of today and tomorrow." The electric grid operations and business model are in a state of significant transition. As a result, utility organizations are faced with increasing pressure from changing social, business and technological dynamics. In addition, tightening security, analytical measurement and increasing operational efficiencies require utilities to integrate agile consulting resources that are familiar with core systems and advanced technologies as well as the operational impacts to the business processes associated with their deployment. Hugo van Nispen is well versed in these new disciplines and poised to take BRIDGE to the next level. "Hugo's name is well known in the utility industry as a dynamic leader who has built successful businesses," said Colum Lundt, BRIDGE co-founder and Board member. "This industry is experiencing tremendous change, and it's the right time to bring in a leader with Hugo's track record to build upon the team's successes and take the company to the next level." BRIDGE has experienced tremendous growth over the past few years, having been named to Inc. 5000s Fastest Growing Companies 6 of the past 7 years while expanding its client base to nearly half of all the large North American utilities including industry leaders such as National Grid, Pacific Gas & Electric, Arizona Public Service, Exelon, and others. "Hugo will build on the strong foundation put in place by Dave Olsson and the senior team at BRIDGE," said Barry Goldsmith, Board member and General Partner at Updata Partners. "We wish Dave much success in his future endeavors and appreciate his enormous contributions to the Company." To enable breakthrough operational performance improvement at your energy enterprise, contact BRIDGE at 1.888.351.8999 or via www.bridgeenergygroup.com/contact-us/ BRIDGE Energy Group is the leading consulting and systems integration company focused on improving utility operational performance. BRIDGE combines business, OT and IT domain expertise to deliver and optimize innovative grid operations solutions. BRIDGE's capabilities and expert services enable engagement at any stage in the lifecycle, from strategy & regulatory to implementation & optimization. Founded in 2004, BRIDGE is headquartered in Newton, MA. For more information on BRIDGE, please contact 888-351-8999 or visit www.BridgeEnergyGroup.com.

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