EVANSTON, Ill.–(BUSINESS WIRE)–The worldwide cost of corrosion is an estimated $2.5 trillion dollars annually, according to NACE (AMPP) International (2016). The ability to properly classify the corrosivity of environmental conditions is crucial to managing asset life-cycle costs. Accurately assessing the environmental corrosion risk ensures that infrastructure owners can optimize their maintenance budgets, while improving safety and reliability. This can reduce risk and save owners of infrastructure millions of dollars per year.

Engineering Director, Inc. (EDI), a premier global provider of corrosion and risk assessments for steel surfaces, has launched a free web app that allows users to assess the corrosivity of an atmospherically exposed environment using the ISO 9223 C1-C5x standard, machine learning, and spatial analytics. This tool uses atmospheric sulfates (pollution), chlorides (sea spray), temperature, and relative humidity to give users an estimate of how corrosive an atmosphere is for steel. This technology is also available with an Application Programming Interface (API) for developers building integrations.

Joe Mazzella, EDI President, says, “for over 20 years, coating manufacturers have been specifying protective coating systems to meet the standards of ISO 12944, with limited ability to assess atmospheric conditions over a broad geographic area. The Engineering Director, Inc. web application makes it easy to assess atmospheric exposure (ISO 9223), in an effort to specify the optimum coating system based on the desired life expectancy.”

Harry Tsaprailis, Enbridge Pipelines, Ph.D., P.Chem., says, “The ability to understand the local atmospheric corrosivity category (ISO 9223) associated with our company assets is critical in determining the correct protective coating that should be applied. With this knowledge, owners can ensure appropriate long-term protection of carbon steel assets.”

About Engineering Director, Inc.

Engineering Director, Inc. (EDI) is an engineering consulting firm specializing in developing, implementing, and measuring lean business processes and strategies through the effective use of Information Technology (IT), Artificial Intelligence (AI), and Geographical Information Systems (GIS). ​

Contacts

For more information, please contact EDI at marketing@engineeringdirector.com

TORONTO–(BUSINESS WIRE)–Tricon Residential Inc. (“Tricon” or the “Company”) (NYSE: TCN, TSX: TCN), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, invites you to participate in its live conference call with senior management to discuss the Company’s financial results for the third quarter of 2022. The call will take place on Wednesday, November 9^th at 11 a.m. ET.

Tricon’s financial statements and management’s discussion and analysis for the third quarter of 2022 will be released prior to the call and will be made available on the Company’s website, on the Canadian Securities Administrators’ website at www.sedar.com and on the U.S. Securities and Exchange Commission website at www.sec.gov. The Company will also release supplementary information which will be available on the Tricon Residential Investor Relations website at www.triconresidential.com.

To access the call, please dial (888) 550-5422 or (646) 960-0676 (Conference ID #3699415). The conference call will be available via webcast on the Tricon Residential Investor Relations website at www.triconresidential.com. A replay of the call will be available from 3pm ET on November 9^th, 2022, until midnight ET, on December 10^th, 2022. To access the replay, call (800) 770- 2030 or (647) 362- 9199, followed by Conference ID #3699415.

About Tricon Residential Inc.

Tricon Residential Inc. is an owner and operator of a growing portfolio of over 41,000 single-family rental homes and multi-family rental apartments in the United States and Canada with a primary focus on the U.S. Sun Belt. Our commitment to enriching the lives of our residents and local communities underpins Tricon’s culture and business philosophy. We strive to continuously improve the resident experience through our technology-enabled operating platform and innovative approach to rental housing. At Tricon Residential, we imagine a world where housing unlocks life’s potential. For more information, visit www.triconresidential.com.

Contacts

Investors

Wissam Francis

EVP & Chief Financial Officer

Wojtek Nowak

Managing Director, Capital Markets

Email: investorsupport@triconresidential.com

AUSTIN, Texas–(BUSINESS WIRE)–#Canada–CLEAResult, the largest provider of energy efficiency services in Canada for residential and commercial and industrial (C&I) customers, is gearing up to quickly support the new and expanded energy savings programs announced by Ontario’s Ministry of Energy, Todd Smith, on Tuesday. The ministerial directive increased funding for the Independent Electricity System Operator’s (IESO) energy efficiency programs by $342 million, bringing the total budget to over $1 billion, and introduced two new initiatives aimed at lowering costs for consumers and improving grid reliability.

Energy efficiency remains the cleanest and most cost-effective solution for Canada’s rising electricity demand, and the additional funding is further validation of the past success and tremendous potential of energy efficiency in Ontario. The expansion is expected to begin in Spring 2023 with a new residential demand response program that pays people to save energy, targeted support for greenhouse growers in southwest Ontario, plus enhancements to Save On Energy’s existing Business Retrofit and Local Initiatives Programs.

CLEAResult works with households and businesses across Ontario every day to reduce their energy costs in support of the IESO’s current programs. “We’re thrilled to see Minister Smith continue to invest in securing reliable, affordable electricity for Ontarians through comprehensive energy efficiency initiatives,” said Ryan Shaw, CLEAResult’s Senior Vice President of Client Delivery in Canada. “Long-term grid reliability is the goal, and we’re honored to be a part of the solution. Our role is to make sure people see the benefits—from saving money to keeping their businesses competitive—the positive impacts of this decision will be felt by everyone.”

The company’s recent partnerships, acquisitions and experience in Canada give the team great confidence in their ability to turn the announcement into action. “Spring is coming fast, but we’ll be more than ready,” Shaw added.

Over the summer, CLEAResult acquired Ecofitt to expand their residential capabilities in Canada. The company also acquired ChooseEV earlier this year, an industry-leading provider of educational tools and resources for businesses and individuals looking to adopt electric vehicles as part of their sustainability efforts.

More recently, CLEAResult announced a partnership with distributed energy resource leader, Virtual Peaker, to provide customer-friendly demand response solutions designed with scale in mind. The company has also been an active partner in implementing many C&I efficiency programs throughout Canada, including support for various demand response initiatives over the past year.

“Our team is looking for every opportunity to invest in, develop and train a skilled workforce to support Ontario’s energy efficiency needs,” Shaw emphasized. “It’s the fastest way to reliably meet demand and get savings into people’s hands.”

In total, these new initiatives are estimated to save consumers over $650 million in energy costs by 2025 and reduce greenhouse gas emissions by three million tonnes over the lifetime of the improvements. CLEAResult’s commitment to reaching net zero by 2025 is well-aligned with Ontario’s sustainability and climate goals. The company also offers carbon consulting services for other organizations looking to accelerate their energy efficiency and decarbonization efforts.

Visit clearesult.ca to see all the ways people, business, municipalities and more can save energy in Canada.

About CLEAResult

CLEAResult is the largest provider of energy efficiency, energy transition and decarbonization solutions in North America. Since 2003, our mission has been to change the way people use energy. Today, our experts lead the transition to a sustainable, equitable, and carbon-neutral future for our communities and our planet. Our hometown teams collaborate with a diverse network of local partners to deliver world-class technology and personalized services that make it easy for commercial and industrial businesses, governments, utilities and residential customers to reduce their energy use and carbon footprint. CLEAResult is headquartered in Austin, Texas, and has over 2,400 employees in more than 60 cities across the U.S. and Canada. CLEAResult is majority owned by TPG through its middle market and growth equity investment platform TPG Growth and its multi-sector global impact investing strategy The Rise Fund.

Explore all our energy solutions at clearesult.ca.

Follow us on: Facebook | LinkedIn | Twitter | Instagram

Contacts

media@clearesult.com
Amber Tester
Director Corporate Communications

OAKVILLE, Ontario & COLUMBUS, Ind.–(BUSINESS WIRE)–#cummins–Atura Power has selected Cummins Inc. (NYSE: CMI) to design and manufacture the electrolyzer system for its Niagara Hydrogen Centre in Niagara Falls, Ont. This will be Ontario’s first 20-megawatt (MW) green hydrogen facility.

Cummins’ proton exchange membrane (PEM) electrolysis system will be manufactured at its Mississauga, Ont. facility and become the centrepiece of Atura Power’s Niagara Hydrogen Centre. Powered by renewable hydroelectricity, the electrolyzer system will split water into oxygen and “green” hydrogen. This carbon-free green hydrogen will then be provided to industrial customers for immediate consumption and will be transported and blended into the fuel stream at Atura Power’s Halton Hills Generating Station, creating cleaner electricity for Ontario.

Detailed design work and system integration is underway, with plans to bring the Niagara Hydrogen Centre online in early 2024.

Atura Power conducted a competitive procurement process in early 2022 and Cummins provided a strong technical solution for the Niagara Hydrogen Centre. Cummins acquired Mississauga-based Hydrogenics in 2019 and has continued to expand its hydrogen and other zero-emissions technologies portfolio, which includes PEM and alkaline electrolyzer solutions.

Atura Power is implementing a low-cost, low-carbon hydrogen program that will help reduce greenhouse gases, while supporting economy-wide decarbonization. An enabler of clean energy, the company is positioned to help build the hydrogen economy in Ontario. Low-carbon hydrogen will be an important tool in the fight against climate change. Atura Power, a subsidiary of Ontario Power Generation (OPG), supports the net-zero goals outlined in OPG’s Climate Change Plan.

Green and low-carbon hydrogen will reduce or offset emissions in a variety of applications, including:

• as a low-carbon fuel substitute for feedstock in high-emitting industrial processes
• blending hydrogen with natural gas to reduce its carbon impact, and
• powering fuel cells in vehicles which could help decarbonize the heavy-duty and long-haul trucking industry.

Both the federal and provincial governments noted the potential for hydrogen to play a key role in helping meet climate change objectives. Read the federal and provincial strategies for details.

Quotes

“The Niagara Hydrogen Centre is our flagship facility that will set the pace for our green and low-carbon hydrogen projects,” says Shelley Babin, President and CEO of Atura Power. “The heart of the facility is the electrolyzer, and we are excited to be working with an experienced and accomplished industry leader in Cummins.”

“We are thrilled to partner with Atura Power to provide green power in Ontario,” said Alexey Ustinov, Vice President of Electrolyzers at Cummins. “This project is a great demonstration of the potential of PEM electrolyzer technology to decarbonize our power sources and lay the groundwork for a sustainable future. Once completed, this project will be the second 20 MW electrolyzer installation for Cummins in Canada and an important milestone in scaling the green hydrogen economy in North America.”

“This project aims to build one of Canada’s largest green-energy hubs and it’s an important part of our work to transform the future of energy, reduce emissions and protect the environment. I’m proud to see Ontario continuing to build on its international prominence as a clean energy jurisdiction to become a leader in the hydrogen economy that will drive job creation and economic growth across our province,” said Energy Minister Todd Smith.

“I’m proud of our local employer Cummins’ leadership and innovation and their exceptional team for bringing new and exciting opportunities to our region,” said Mississauga-Malton MPP Deepak Anand. “Our government under the leadership of Premier Doug Ford is committed to supporting partnerships like this one with Atura Power to ensure that our region continues to prosper and create good jobs for local families.”

About Atura Power

Atura Power, a subsidiary of Ontario Power Generation, plays a key role in the province’s electricity system. With plants in Windsor, Halton Hills, Toronto, and Napanee, its fleet of combined-cycle facilities is flexible and dispatchable – an enabler of renewable energy sources like solar and wind power. Atura Power is committed to reducing its greenhouse gas emissions and being a leader in facilitating economy-wide adoption of hydrogen across Ontario.

For more information, visit aturapower.com and connect with us on LinkedIn at /atura-power.

About Cummins

Cummins Inc., a global power technology leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from internal combustion, electric and hybrid integrated power solutions and components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, microgrid controls, batteries, electrolyzers and fuel cell products. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 59,900 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $2.1 billion on sales of $24 billion in 2021.

Contacts

Cummins Inc.
Jon Mills – Director External Communications

001 317-658-4540

jon.mills@cummins.com

Atura Power Media Relations

media@aturapower.com

LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self storage company, announced today it received the top ranking among self storage centers in Newsweek’s America’s Best Customer Service 2023. This is the second time SmartStop has earned the top spot. In addition, SmartStop’s 2023 ranking is the highest rating of any self storage provider in the five years that Newsweek has been conducting the survey.

Newsweek partnered with global data research firm Statista on the independent survey of more than 30,000 U.S. customers who have either made purchases, used services, or gathered information about products or services in the past three years. The final assessment and rankings were based on the likelihood of recommendation (50% of the final score) and five evaluation criteria (also 50% of the final score): quality of communication, professional competence, range of services, customer focus, and accessibility.

“We are extremely proud to be once again ranked number one in customer service by Newsweek,” said H. Michael Schwartz, Chairman and CEO of SmartStop. “This is a testament to all of our team members who go out of their way to make the storage experience as easy and stress-free as possible for our customers.”

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a fully integrated operations team of approximately 450 self storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs. As of October 6, 2022, SmartStop has an owned or managed portfolio of 176 properties in 22 states and Ontario, Canada, comprising approximately 120,600 units and 13.7 million rentable square feet. SmartStop and its affiliates own or manage 20 operating self storage properties in the Greater Toronto Area, which total approximately 17,050 units and 1.7 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

David Corak
VP of Corporate Finance

SmartStop Self Storage REIT, Inc.

949-542-3331

IR@smartstop.com

TORONTO & NEW YORK–(BUSINESS WIRE)–#Identityverification—VeriFast, the AI-powered Verification-as-a-Service platform that automates financial analysis and decision making for tenant screening, mortgage underwriting and business lending , today announced the appointment of New York-based FinTech veteran Rob Strickland, CRO and Canadian banking veteran Chris Pornaras, Chief Commercial Officer to its leadership team.

VeriFast Co-Founder and COO Chad Guziewicz said, “VeriFast’s solution adoption within the U.S. and Canadian mortgage markets has greatly increased over the past year. We have seen an explosive demand for our holistic verification platform. Adding industry experts with enterprise go-to-market skills takes us to the next level for continued growth.”

Strickland joins VeriFast from Brimma, a mortgage tech provider specializing in delivering modern technology integration and innovation. Prior to that, he held executive positions at Capco, Blue Sage Solutions and IBM. Pornaras has 30+ years experience working in the Canadian Financial Services and has led Canada’s largest mortgage origination utilities as well as having worked with several start-up companies to develop long term success strategies.

“Rob’s track record in growing businesses and delivering market strategies, and Chris’ demonstrated history in financial services will be instrumental as we move forward,” Guziewicz added. “Both quickly accelerated VeriFast’s adoption with mortgage lenders to digitize and streamline their pre-approval and underwriting processes, shaving labor costs and compressing approval cycles by up to 90%.”

VeriFast empowers companies to seamlessly integrate banking data, payroll insights, tax transcript data and biometric identity verification, to existing process flows using a single-source configurable API. It securely automates the end-to-end verification process from hours/days to minutes, at a fraction of the cost.

Strickland said, “I joined VeriFast because the company has the only complete platform solution leveraging multiple verification data sources plus bank statement ingestion, with a superior data categorization enrichment strategy.”

About VeriFast

VeriFast provides a single-source configurable API platform that allows companies to immediately validate customers’ ability to pay while eliminating fraud. Delivering deep analytics in minutes, VeriFast provides powerful consumer – borrower insights far beyond conventional credit checks. Based in Toronto and privately-held, the company has customers throughout North America.

For more information on VeriFast, please visit the company website at www.verifast.com.

Follow VeriFast on LinkedIn and Twitter. Visit VeriFast at the MBA Conference in Nashville, October 23 – 26; booth 831.

Contacts

Angelo D. Jones II

angelo@williammills.com
679.781.7230

LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self storage company, announced today that Founder, Chairman and CEO, H. Michael Schwartz will deliver the keynote address at the Canadian Self Storage Association’s (CSSA) 17th Annual Eastern Canadian Conference on October 13, 2022.

The conference will take place October 13 and 14 at Beanfield Centre at Exhibition Place in Toronto, Ontario and will include educational sessions, a trade show and self storage facility tours. The event is designed for Canadian self storage owners and operators who seek to enhance their knowledge of the industry, meet with valued partners, and learn about the current and future challenges facing the industry.

Schwartz will share his perspective and insights based on over 30 years of industry experience including 17 years in self storage. The keynote address, titled “Three Walls and a Door and a Whole Lot More,” will take place on Thursday, October 13.

“I am honored to serve as the keynote speaker and share my experience at the CSSA’s conference,” said Schwartz. “For more than 15 years, this conference has offered Canadian self storage professionals a key opportunity to ‘sharpen the saw’ as well as network with industry peers. I look forward to sharing more insights and discussing best practices at the conference next month.”

The CSSA’s 17th Annual Eastern Canadian Conference provides attendees industry education, networking opportunities, and a chance to connect with suppliers face-to-face. To learn more about the CSSA’s 17th Annual Eastern Canadian Conference, visit https://www.cssa.ca/events/17th-annual-cssa-eastern-canadian-conference-trade-show-and-facility-tours/.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a fully integrated operations team of approximately 450 self storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs. As of October 5, 2022, SmartStop has an owned or managed portfolio of 176 properties in 22 states and Ontario, Canada, comprising approximately 120,600 units and 13.7 million rentable square feet. SmartStop and its affiliates own or manage 20 operating self storage properties in the Greater Toronto Area, which total approximately 17,050 units and 1.7 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

David Corak
VP of Corporate Finance

SmartStop Self Storage REIT, Inc.

949-542-3331

IR@smartstop.com