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Spectra Accounting Software

Spectra Accounting Software – HOUSTON, April 4, 2016 // – Spectra Energy Corp (NYSE: SE) and Spectra Energy Partners, LP (NYSE: SEP) today announced their agreement for Spectra Energy Corp to acquire approximately 9.1 million shares representing the interests of the partners has limits. Spectra Energy Partners’ stock price is $45.96 per share in private placement. In addition, Spectra Energy Corp. will purchase up to 1.4 million additional shares if shares of common stock are issued to third parties based on a 25-day option granted to underwriters in Spectra Energy Corp.’s public offering. Spectra Energy Corp is the holding company of the general partner of Spectra Energy Partners.

After the initial private placement, Spectra Energy Partners will have approximately 296 million common shares outstanding. Spectra Energy Corp’s ownership interest in Spectra Energy Partners after this transaction is 78 percent.

Spectra Accounting Software

Spectra Accounting Software

“The transaction we are announcing today demonstrates the flexibility and economic benefits associated with having energy and multiple financing options across the Spectra Energy group of companies. The proceeds of this transaction, and our pending sale of Empress, provide 2016-2018 capital expansion plan. In addition, this transaction allows us to continue to deliver our DCF expectations, distributions and distributions to our existing DCF coverage levels with Spectra Energy and Spectra Energy Partners. we listed investors earlier this year,” said Greg Ebel. , chairman and CEO of Spectra Energy and Spectra Energy Partners. “Given the results achieved from our financing program this year and our current capital plans, our expectation is that we will not require additional Spectra Energy equity in 2016. The Spectra Energy Partners ATM program is expected to go to face to work in 2016 and provide. in fact all that remains is the SEP equalization requirement for this calendar year.”

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The securities to be offered in the private placement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any other state securities law and may not be offered or sold in the United States without registration or subject to the registration requirements of the Securities Act and applicable state law.

This press release is not an offer to sell or a solicitation to buy any of these securities and will not constitute an offer, solicitation or sale in any capacity where the offer, solicitation or sale will not supported.

This release includes “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. Forward-looking statements are based on our beliefs and opinions. . Forward-looking words are identified by terms and phrases such as: expect, believe, aim, plan, expect, continue, should, might, could, plan, project, prophesy, will, power, prophecy, and similar words. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from forecasted results. Factors that could cause actual results to differ materially from those reflected in any forward-looking statement include, but are not limited to: state, federal and foreign legislative acts and the legal system that affects the recovery and investment, has an effect on the rate setting, and is affected. speed and level of competition entering gas and oil; the results of legal proceedings and legal investigations, proceedings or investigations; weather and other natural factors, including economic, operational and other impacts of wind and storms; the timing and extent of changes in stock prices, interest rates and foreign exchange rates; general economic conditions, including the risk of a long-term depression or economic downturn, or the risk of delays in recovery, which may affect long-term demand for natural gas and oil and related services; the effects that may arise from terrorist attacks and any consequences thereof or other conflicts; changes in environmental, safety and other laws and regulations; development of energy sources; The results and cost of financial endeavors, including the ability to obtain funds in good terms, which may affect various factors, including credit scores and general market and economic conditions; increases in the cost of goods and services required to complete capital projects; reductions in the market value of equity and debt and the financial results required for defined benefit plans; growth and opportunities, including the timing and success of efforts to develop US pipelines; in Canada, storage, collection, processing and other related infrastructure services and competitive effects; performance of transmission and storage, distribution, and collection and processing of gas and oil; the extent of success in integrating gas and oil gathering, processing and transmission systems and integrating and expanding gas and oil markets; the impact of accounting standards issued periodically by accounting standards bodies; capital market conditions during the period covered by the forward-looking statements; and the ability to successfully execute a merger, acquisition or divestiture plan; regulatory or other restrictions imposed as a result of mergers, acquisitions or disposals; and business success following a merger, acquisition or restructuring. These factors, as well as other factors that may affect our forward-looking statements, are described in our filings with the SEC, which are available through the SEC’s website at www.sec.gov. Based on these risks, uncertainties and assumptions, the events described in the forward-looking statements may not occur or may occur to a different extent or time. different than what we have shown. All forward-looking statements in this release are made as of the date hereof, and we undertake no obligation to update or change any forward-looking statements, or as a result of new information, events ‘the future or something else.

Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of the largest pipeline companies in North America. Based in Houston, Texas, the company’s operations in the United States and Canada include more than 21,000 miles of natural gas, liquid gas and oil pipelines; approximately 300 billion cubic feet (Bcf) of natural gas reserves; 4.8 million barrels of crude oil reserves; and gas gathering, processing and regional distribution services. Spectra Energy is the general partner of Spectra Energy Partners (NYSE: SEP), one of the largest publicly traded pipeline companies in the United States and the owner of gas and oil assets in the US portfolio. Spectra Energy. Spectra Energy also owns a 50 percent interest in DCP Midstream, the largest natural gas producer and largest natural gas producer in the United States. Spectra Energy has served customers and communities in North America for over 100 years. BOUCHERVILLE, QC, September 20. 2021 /CNW Telbec/ – Spectra Premium Industries is pleased to announce that it has entered into an agreement with Turnspire Capital Partners. Turnspire will acquire Spectra’s existing services and support continued development and growth under the new name Spectra Premium Mobility Solutions. Spectra Premium may emerge from its financial restructuring under the Corporate Reform Act (CCAA) in the fourth quarter of 2021, once approved by Canadian and US courts.

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“The agreement with Turnspire brings new capital investment, a clean balance sheet and financial stability, strengthening our ability to compete as a high-quality and robust auto parts and components manufacturer. Heavy. Combining our core operations with Turnspire’s industry experience and focus on best performance. will allow Spectra to better serve OEMs and aftermarket customers with high-quality products, many of which are manufacturing locations in North America.” Denis Chabot said, President and Chief Operating Officer – Spectra Premium Industries

“With its distinguished history and excellent market position, Spectra Premium is a perfect fit for our strategy to invest in niche industrial businesses that can benefit from Turnspire’s important infrastructure and operations,” Ilya Koffman , Managing Partner, Turnspire Capital Partners said. “We look forward to completing the transaction and working with talented, experienced and dedicated directors and valued Spectra Premium employees.”

Spectra Premium Industries (www.spectrapremium.com) designs, manufactures and markets technologies that support sustainable mobility. Our primary market is aftermarket repair parts in North America, and OEM systems for light, heavy and industrial vehicles as well as hybrid and electric vehicles. We apply engineering and design skills to key processes such as mechanical engineering, power transmission and electronics. Our company of more than 700 dedicated employees has been the foundation of our innovation and exceptional customer service since 1989.

Spectra Accounting Software

Turnspire Capital Partners invests in high-quality businesses that have reached strategic, financial or operational maturity and have the opportunity to benefit from our operationally focused approach. Turnspire’s financial philosophy is based on creating value through service improvement rather than investment. Turnspire strives to make each of its companies the best in their industry niche, and grow the business through organic strategies or acquisitions. For more information, please visit www.turnspirecap.com.

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For more information: Pascale Lagace, Project Leader – Communications and Media, Spectra Premium Industries, [email protected], (450) 641-3656 extension 2203Spectrum® is a complete web-based ERP solution with leading tools for accounting, projects. management, equipment and materials management, project management, documentation

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