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Local Students Pursuing STEM Education Invited to Apply for College Scholarships of Up to $10,000

New: PG&E Announces Expansion of STEM Scholarship Program to Include Historically Black Colleges and Universities

OAKLAND, Calif.–(BUSINESS WIRE)–
The PG&E Corporation Foundation (Foundation) is inviting applications to the annual Better Together STEM Scholarship Program. This year, responding to a trend in applications from students admitted to Historically Black Colleges and Universities (HBCU), eligibility is expanding to students planning to attend HBCUs anywhere in the United States, as well as California colleges and universities.

The Foundation will provide funding for a total of $250,000 to students pursuing a degree in Science, Technology, Engineering or Math (STEM) disciplines. The program will award 20 scholarships of $10,000 each and 20 awards of $2,500 each.

Better Together STEM Scholarships are designed to give the next generation of Californians an opportunity to learn and succeed in higher education and support students who have made an impact in their community or who have overcome personal challenges.

“The PG&E Corporation Foundation is proud to support local students as they follow their dreams of becoming our state’s future scientists, innovators and engineers who can help build our clean energy future. We’re also excited to expand eligibility to students pursuing higher education at HBCUs. As a Howard University alumna, I’m grateful for my education that also reinforced my pride in my background and boosted my confidence to be my full, authentic self,” said Carla Peterman, PG&E Corporation Executive Vice President, Corporate Affairs and Chief Sustainability Officer, and Foundation board member.

Since 2012, the Better Together STEM Scholarship Program has awarded more than $6.5 million to accomplished students based on a combined demonstration of community leadership, personal triumph, financial need and academic achievement.

Deadline and criteria

Interested applicants can learn more and apply here. Deadline to apply is June 3, 2022. Awards will be announced in August.

Scholarships will be awarded based on academic achievement, demonstrated participation and leadership in school and community activities, and financial need. Qualifying degrees in STEM disciplines include engineering, computer science/information systems, cybersecurity, and environmental sciences.

Applications are open to:

• High school seniors or graduates
• Students who have received a GED certification
• Current undergraduate students
• Non-traditional students or military veterans returning to school or pursuing their first undergraduate degree

To qualify, applicants must live or be a dependent of a resident in PG&E’s service area in Northern and Central California; plan to enroll in full-time undergraduate study for the entire 2022-2023 academic year; and be seeking their first undergraduate degree at an accredited four-year institution in California.

PG&E Employee Resource Group Scholarships

In addition to the Better Together STEM Scholarship Program, PG&E’s 10 employee resource groups (ERGs) and two engineering networking groups (ENGs) award scholarships to help offset the cost of higher education. The funds are raised totally through employee donations, employee fundraising events and Campaign for the Community, the company’s employee giving program. Since 1989, more than $5 million ERG scholarships have been received by thousands of recipients. Applications are taken in December.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit www.pge.com/ and http://www.pge.com/about/newsroom/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220428006178/en/

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Posted on April 28, 2022 2:03 pm

Clean energy investments and grid hardening part of WPS rate plan

PR Newswire

GREEN BAY, Wis.
, April 28, 2022 /PRNewswire/ — Wisconsin Public Service (WPS) filed proposals with the Public Service Commission of Wisconsin (PSCW) today for regulatory reviews that will set customer rates for electricity and natural gas for 2023.

The filing comes as WPS is in the midst of the largest clean energy transition in company history.

“We have set some of the most aggressive goals in our industry for reducing carbon and methane emissions. This rate plan will help us reach those goals and provide customers with the affordable, reliable and clean energy they depend on,” said Scott Lauber, president – WPS.

The proposal includes critical investments in storm hardening and grid resiliency.

The request — which includes millions of dollars of savings from the closure of older, less-efficient fossil fuel plants — marks only the third time in eight years the company has asked for an increase in base rates.

The plan submitted for consideration would increase the typical electric bill for residential customers by approximately $5 to $6 a month in 2023, or roughly 5 to 6%.

Average bills would remain below the Midwest and national average.

Electricity

In the rate filing, WPS points to three cost drivers:

• Capital investments in new solar, wind and battery storage — many of which have already been approved by the PSCW.
• Reliability investments, including grid hardening projects to bury power lines and strengthen the delivery network against severe weather.
• Changes in wholesale business with other utilities.

Natural gas

WPS natural gas customers would see a small increase in their monthly bills in 2023 as part of the filed plan.

Next steps

In late-May, WPS will update the filing to include more specific information on the impact for each customer group. The company also will provide this information to customers through a bill insert and on wisconsinpublicservice.com.

The PSCW will conduct hearings on the WPS proposals and is expected to make a final decision later this year. New rates are expected to take effect in January 2023.

Wisconsin Public Service Corp. is a subsidiary of WEC Energy Group Inc. (NYSE: WEC). The company serves approximately 457,000 electric and 338,000 natural gas customers in northeastern and north central Wisconsin. Visit wisconsinpublicservice.com

Forward-looking statements

Certain statements contained in this press release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based upon management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in the statements. Readers are cautioned not to place undue reliance on these statements. Forward-looking statements include, among other things, statements concerning management’s expectations and projections regarding regulatory actions and decisions, expected rate case filings, and impact on customers. The following factors, in addition to those discussed in each of WEC Energy Group, Inc.’s, and Wisconsin Public Service Corporation’s Annual Report on Form 10-K for the year ended December 31, 2021 and in subsequent reports filed with the Securities and Exchange Commission, could cause actual results to differ materially from those contemplated in any forward-looking statements: the possibility that the PSCW’s order will differ from the terms of the proposals; the timing, resolution and impact of rate cases and other regulatory decisions; general economic conditions, including business and competitive conditions in WEC Energy Group, Inc.’s service territories; the extent, duration and impact of the COVID-19 pandemic or any future health pandemics; WEC Energy Group Inc.’s ability to continue to successfully integrate the operations of its subsidiaries; availability of generating facilities and/or distribution systems; unanticipated changes in fuel and purchased power costs; key personnel changes; varying, adverse or unusually severe weather conditions; continued industry restructuring and consolidation; continued advances in, and adoption of, new technologies that produce power or reduce power consumption; energy and environmental conservation efforts; WEC Energy Group Inc.’s ability to successfully acquire and/or dispose of assets and to execute on its capital plan; cyber-security threats and data security breaches; construction risks; equity and bond market fluctuations; changes in WEC Energy Group, Inc.’s and its subsidiaries’ ability to access the capital markets; changes in tax legislation or WEC Energy Group, Inc.’s and its subsidiaries’ ability to use certain tax benefits and carryforwards; the impact of legislative and regulatory changes, including changes to environmental standards and greenhouse gas regulations, the enforcement of these laws and the regulations and changes in the interpretation by regulatory agencies; supply chain disruptions; inflation; political developments; current and future litigation and regulatory investigations, proceedings or inquiries; changes in accounting standards and the ability of WEC Energy Group, Inc. or its subsidiaries to obtain additional generating capacity at competitive prices. Except as may be required by law, WEC Energy Group, Inc., and Wisconsin Public Service Corporation expressly disclaim any obligation to publicly update or revise any forward-looking information.

View original content:https://www.prnewswire.com/news-releases/clean-energy-investments-and-grid-hardening-part-of-wps-rate-plan-301535732.html

SOURCE WEC Energy Group

Posted on April 28, 2022 2:03 pm

Clean energy investments and grid hardening part of We Energies rate plan

PR Newswire

MILWAUKEE
, April 28, 2022 /PRNewswire/ — We Energies filed proposals with the Public Service Commission of Wisconsin (PSCW) today for regulatory reviews that will set customer rates for electricity, natural gas and steam for 2023.

The filing comes as We Energies is in the midst of the largest clean energy transition in company history.

“We have set some of the most aggressive goals in our industry for reducing carbon and methane emissions. This rate plan will help us reach those goals and provide customers with the affordable, reliable and clean energy they depend on,” said Scott Lauber, president – We Energies.

The proposal includes critical investments in storm hardening and grid resiliency, including plans to bury 800 miles of power lines over the next decade.

The request — which includes millions of dollars of savings from the closure of older, less-efficient fossil fuel plants — marks only the second time in eight years the company has asked for an increase in base rates.

The plan submitted for consideration would increase the typical electric bill for residential customers by approximately $5 to $6 a month in 2023, or roughly 5 to 6%.

Average bills would remain below the national average and in line with the Midwest average.

Electricity

In the rate filing, We Energies points to three cost drivers:

• Capital investments in new solar, wind and battery storage — many of which have already been approved by the PSCW.
• Reliability investments, including grid hardening projects to bury power lines and strengthen the delivery network against severe weather.
• Changes in wholesale business with other utilities.

Natural gas and steam

We Energies natural gas customers would see a small increase in their monthly bills in 2023 as part of the filed plan.

Bills for We Energies steam customers in downtown Milwaukee would remain relatively flat in 2023.

Next steps

In late-May, We Energies will update the filing to include more specific information on the impact for each customer group. The company also will provide this information to customers through a bill insert and on we-energies.com.

The PSCW will conduct hearings on the We Energies proposals and is expected to make a final decision later this year. New rates are expected to take effect in January 2023.

We Energies serves more than 1.1 million electric customers and 1.1 million natural gas customers in Wisconsin. We Energies is the trade name of Wisconsin Electric Power Co. and Wisconsin Gas LLC, subsidiaries of WEC Energy Group Inc. (NYSE: WEC). Visit We Energies at we-energies.com and WEC Energy Group at wecenergygroup.com.

Forward-looking statements

Certain statements contained in this press release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based upon management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in the statements. Readers are cautioned not to place undue reliance on these statements. Forward-looking statements include, among other things, statements concerning management’s expectations and projections regarding regulatory actions and decisions, expected rate case filings, and impact on customers. The following factors, in addition to those discussed in each of WEC Energy Group, Inc.’s, and Wisconsin Electric Power Company’s Annual Report on Form 10-K for the year ended December 31, 2021 and in subsequent reports filed with the Securities and Exchange Commission, could cause actual results to differ materially from those contemplated in any forward-looking statements: the possibility that the PSCW’s order will differ from the terms of the proposals; the timing, resolution and impact of rate cases and other regulatory decisions; general economic conditions, including business and competitive conditions in WEC Energy Group, Inc.’s service territories; the extent, duration and impact of the COVID-19 pandemic or any future health pandemics; WEC Energy Group Inc.’s ability to continue to successfully integrate the operations of its subsidiaries; availability of generating facilities and/or distribution systems; unanticipated changes in fuel and purchased power costs; key personnel changes; varying, adverse or unusually severe weather conditions; continued industry restructuring and consolidation; continued advances in, and adoption of, new technologies that produce power or reduce power consumption; energy and environmental conservation efforts; WEC Energy Group Inc.’s ability to successfully acquire and/or dispose of assets and to execute on its capital plan; cyber-security threats and data security breaches; construction risks; equity and bond market fluctuations; changes in WEC Energy Group, Inc.’s and its subsidiaries’ ability to access the capital markets; changes in tax legislation or WEC Energy Group, Inc.’s and its subsidiaries’ ability to use certain tax benefits and carryforwards; the impact of legislative and regulatory changes, including changes to environmental standards and greenhouse gas regulations, the enforcement of these law and the regulations and changes in the interpretation by regulatory agencies; supply chain disruptions; inflation; political developments; current and future litigation and regulatory investigations, proceedings or inquiries; changes in accounting standards and the ability of WEC Energy Group, Inc. or its subsidiaries to obtain additional generating capacity at competitive prices. Except as may be required by law, WEC Energy Group, Inc., and Wisconsin Electric Power Company expressly disclaim any obligation to publicly update or revise any forward-looking information.

 

View original content:https://www.prnewswire.com/news-releases/clean-energy-investments-and-grid-hardening-part-of-we-energies-rate-plan-301535730.html

SOURCE WEC Energy Group

Posted on April 28, 2022 2:03 pm

Farfetch to Announce First Quarter 2022 Results

Farfetch to Announce First Quarter 2022 Results

LONDON–(BUSINESS WIRE)–
Farfetch Limited (NYSE: FTCH), the leading global platform for the luxury fashion industry, announced that the company’s first quarter 2022 financial results will be released after the U.S. market close on Thursday, May 26, 2022.

Farfetch will host a conference call to discuss its results at 4:30 p.m. ET the same day. The live webcast of the call, along with the company’s earnings press release, can be accessed at the Farfetch Investor Relations website at www.farfetchinvestors.com. Following the call, a replay will be available at the same website.

About Farfetch

Farfetch Limited is the leading global platform for the luxury fashion industry. Founded in 2007 by José Neves for the love of fashion, and launched in 2008, Farfetch began as an e-commerce marketplace for luxury boutiques around the world. Today the Farfetch Marketplace connects customers in over 190 countries and territories with items from more than 50 countries and over 1,400 of the world’s best brands, boutiques and department stores, delivering a truly unique shopping experience and access to the most extensive selection of luxury on a single platform. Farfetch’s additional businesses include Browns and Stadium Goods, which offer luxury products to consumers, and New Guards Group, a platform for the development of global fashion brands. Farfetch offers its broad range of consumer-facing channels and enterprise level solutions to the luxury industry under its Luxury New Retail initiative. The Luxury New Retail initiative also encompasses Farfetch Platform Solutions, which services enterprise clients with e-commerce and technology capabilities and innovations such as Store of the Future, its connected retail solution.

For more information, please visit www.farfetchinvestors.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220428006147/en/

Investor Relations:

Alice Ryder

VP Investor Relations

[email protected]

Media:

Susannah Clark

VP Communications, Global

[email protected]

+44 7788 405224

Brunswick Group

[email protected]

US: +1 (212) 333 3810

UK: +44 (0) 207 404 5959

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INDUSTRY KEYWORDS: Retail Online Retail Luxury Fashion

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Ameriprise Financial Welcomes Dawn Wolfgram as Field Vice President, Leading 385 Advisors in Indiana and Illinois

Wolfgram was drawn to the client-centric culture of Ameriprise and the firm’s commitment to helping advisors grow their practices

MINNEAPOLIS–(BUSINESS WIRE)–
Ameriprise Financial, Inc. (NYSE: AMP) has named Dawn Wolfgram, CLF^® as a new Field Vice President to lead 385 independent advisors located in Indiana and Illinois who manage a combined $31.5 billion in client assets. Wolfgram has more than 30 years of experience in the wealth management industry and most recently served as a Regional Managing Director at Principal Financial.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220428006013/en/

Reflecting on the move, Wolfgram said, “Ameriprise has a reputation for helping advisors grow their practices at paces that exceed industry norms, and it’s clear why. The firm has invested significantly in coaching programs, technology, financial planning capabilities, leadership support and partnerships with corporate office experts to help advisors build strong and successful practices while delivering their best for clients.”

“Ameriprise also is tremendously supportive of women advisors, and I share the firm’s passion about helping more women find meaningful careers in our industry,” Wolfgram added.

Trish Moll previously held Wolfgram’s role. Moll was promoted in 2021 to Ameriprise Regional Vice President and now leads Wolfgram and the rest of the Mid-America region. “Dawn’s impressive tenure and reputation for driving results made her the best candidate for this role. She has a proven track record for helping advisors achieve the next level of success in their businesses while also elevating the client experience. She’s only been with Ameriprise a few short months and has already made a meaningful difference for the advisors in her territory. I’m thrilled to have her on my leadership team.”

About Ameriprise Financial

At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years. With a network of approximately 10,000 financial advisors and outstanding asset management, advisory and insurance capabilities, we have the strength and expertise to serve the full range of consumer financial needs. For more information, visit ameriprise.com.

Ameriprise Financial Services, LLC is an Equal Opportunity Employer. Ameriprise Financial cannot hire individuals into the financial advisor position who are not legally authorized to work in the U.S. or who require or will require sponsorship for employment visa status.

Investment advisory products are made available through Ameriprise Financial Services, LLC., a registered investment adviser.

Ameriprise Financial Services, LLC., Member FINRA and SIPC

© 2022 Ameriprise Financial, Inc. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220428006013/en/

Stephanie Siegle

Ameriprise Financial

(612) 671-2593

KEYWORDS: Indiana Illinois Minnesota United States North America

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Ameriprise Financial, Inc. has named Dawn Wolfgram, CLF® as a new Field Vice President to lead independent advisors located in Indiana and Illinois who manage a combined $31.5 billion in client assets. Wolfgram has more than 30 years of experience in the wealth management industry. Photo courtesy of Dawn Wolfgram.

Comcast Demonstrates Fastest-Yet Speeds Over a Complete 10G Connection on a Live Network

At CableLabs event, Comcast live demo delivers download speeds faster than 8 gigs and upload speeds faster than 5 gigs, shows 10G applications for network virtualization

DENVER–(BUSINESS WIRE)–
Comcast, the nation’s largest gig-speed Internet provider, today demonstrated the fastest-yet speeds it has achieved over a complete 10G connection on a live network, reaching download speeds faster than 8 gigabits per second (Gbps) and upload speeds faster than 5 Gbps. At an industry 10G event at CableLabs headquarters, Comcast also showed the 10G node technology that will help power its deployments and demonstrated how its network virtualization technology will seamlessly orchestrate mixed fiber and 10G deployments.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220428005278/en/

10G is the technology that will enable Comcast and other network operators to deliver multigigabit symmetrical speeds – combined with improved latency, security, and reliability – over the connections already installed in tens of millions of homes and businesses worldwide.

For the demo, Comcast connected a 10G-enabled Virtualized Cable Modem Termination System (vCMTS) linked by more than 80 kilometers of fiber to the demonstration site. The fiber terminated into a production switch, which connected to what is believed to be the world’s first fully functional 10G-enabled Full Duplex DOCSIS 4.0 node, along with a 10G prototype modem at CableLabs headquarters. Today’s demonstration is a first in a production-ready network environment, showing how live 10G deployments will work, orchestrated by Comcast’s Distributed Access Architecture (DAA) technology, which is already widely deployed.

“These 10G technologies represent the fastest, most efficient path to deliver multigigabit symmetrical speeds at scale everywhere, not just in select neighborhoods or towns,” said Elad Nafshi, EVP & Chief Network Officer at Comcast Cable. “The pace of 10G innovation is only accelerating, and Internet users around the world will reap the benefits.”

Comcast also demonstrated how its DAA network virtualization technology will deliver not just ultrafast 10G speeds, but also greater reliability and adaptability to support a range of next-generation network architectures. The DAA demo included two key components:

• The demo showed how a single DAA-enabled vCMTS can seamlessly and simultaneously operate both 10G connections and PON (passive optical network) connections and deliver multi-gig services with identical levels of visibility and orchestration. While Comcast is primarily focused on 10G, the ability to easily blend 10G and PON provides enormous flexibility to support the widest range of geographies and customer needs.
• The demo also showed how 10G and DAA will deliver greater reliability by leveraging the unprecedented visibility the technology provides into Internet performance at every level of the network from the core, all the way to individual customer gateways.

Comcast also offered a first look at a 10G node that will become a key element of 10G trials and deployments.

Today’s demonstration builds on several 10G milestones Comcast has announced over the past year, including a test in January of the world’s first 10G modem technology delivering 4Gbps symmetrical speeds.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220428005278/en/

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David McGuire

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Illinois American Water Investing over $5 Million in Local Water/Wastewater Systems

Work includes over 16,000 feet of water main in the Peoria area, and 7,500 feet of sewer main lining in Glasford and Washington

PEORIA, Ill.–(BUSINESS WIRE)–
Illinois American Water is investing over $5 million to upgrade local water and wastewater systems. Projects include replacing water main, increasing water main size and looping in the Peoria area, and lining sewer main in the Glasford and Washington service areas.

According to Eric Larson, senior manager of operations for Illinois American Water’s Western Division, “Many communities across the country are facing the need to upgrade water and sewer mains to support reliable service and community growth. We are committed to our customers and making necessary investments to upgrade the local water and wastewater systems which help to keep life flowing.”

Sewer Main Lining

Approximately 7,500 feet of sewer lining will occur in Glasford and Washington service areas this year. The sewer lining will help improve the wastewater collection systems’ reliability and reduce the potential for backups, infiltration and inflows. The initial investment will include televising sewer main to determine where the 7,500 feet of sewer lining will occur. Televising sends a camera through the wastewater system and determines the integrity of the system and identifies future maintenance needs.

Water Main Replacement Projects

Over 16,000 feet, or 3 miles, of water main will be replaced across the Peoria District water system including in the communities of Peoria and Farmington. Motorist should use caution in construction areas and obey traffic signals, detour routes and flaggers. View a map of water system projects here.

Larson added that the upgrades include “larger-sized water mains to support water flow and pressure for water quality and fire protection.” He said, “By planning water main replacements we can address leaks and avoid water waste. This is a safer alternative for our customers and employees than waiting until an emergency occurs. By planning water main replacement projects, we are able to plan road closures, notify customers in advance and support employee safety.”

Customers affected by a water main replacement project will be notified via a letter about the impact and any necessary steps. The letter will include a local contact for questions. In addition, Illinois American Water and the contractor(s) on the projects will provide continuous updates as work occurs. These updates may be provided via door hangers as well as via Illinois American Water’s customer notification system which contact customers via phone, phone and text, or email based on the customer preferences.

Customers are encouraged to use the company’s web self-service portal at www.illinoisamwater.com to enter their contact information and preferences. Customers who do not have internet access can contact the customer service center at 800-422-2782 to update their contact information.

About Illinois American Water – Illinois American Water, a subsidiary of American Water (NYSE:AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and wastewater services to approximately 1.3 million people. American Water also operates a quality control and research laboratory in Belleville. With a history dating back to 1886, American Water (NYSE:AWK) is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 6,400 dedicated professionals who provide regulated and regulated-like drinking water and wastewater services to more than 14 million people in 24 states. American Water provides safe, clean, affordable and reliable water services to our customers to help keep their lives flowing. For more information, visit amwater.com and follow American Water on Twitter, Facebook and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220428006119/en/

Media Contact:  Karen Cotton, Sr. Manager External Communications, [email protected] 

 

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