Kenon Holdings Reports Q2 2026 Results and Additional Updates

SINGAPORE, Sept. 8, 2026 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE: KEN) (TASE: KEN) ("Kenon") announces its results for Q2 2026 and additional updates.

Q2 and Recent Highlights

Kenon

- In August 2026, Kenon received approximately $93 million (net of certain outstanding costs and subject to tax) from the Republic of Peru in connection with payment of the International Centre for Settlement of Investment Disputes arbitration award in favor of Kenon and its subsidiary, concluding this matter.

OPC

- OPC's net profit in Q2 2026 was $15 million, as compared to $1 million in Q2 2025.

- OPC's Adjusted EBITDA including proportionate share of associated companies1 in Q2 2026 was $131 million, as compared to $90 million in Q2 2025.

- In June 2026, OPC announced, in respect of the Hadera expansion project (as described below), entry into a financing agreement and an engineering, procurement and construction agreement and receipt of tariff approval from the Israeli Electricity Authority. Financial closing of the project occurred in June 2026.

- In August 2026, OPC issued NIS 600 million (approximately $202 million) of Series E bonds.

Discussion of Results for the Three Months ended June 30, 2026

Kenon's consolidated results of operations primarily comprise the consolidated results of OPC Energy Ltd ("OPC"), in which Kenon holds an interest of approximately 46%2.

See Exhibit 99.2 of Kenon's Form 6-K dated September 8, 2026 for a summary of Kenon's consolidated financial information; a summary of OPC's consolidated financial information; a reconciliation of OPC's EBITDA and Adjusted EBITDA including proportionate share of associated companies (which is a non-IFRS measure) to profit for the period.

OPC

The following discussion of OPC's results of operations is derived from OPC's consolidated financial statements. OPC publishes its results in U.S. Dollars starting in Q1 2026.

OPC's revenue increased by $183 million in Q2 2026 as compared to Q2 2025.

Set forth below is a discussion of changes in the key components in revenue for Q2 2026 as compared to Q2 2025.

Israel

- Revenue from sale of energy to private customers in Israel – OPC's revenue from the sale of electricity to private customers is derived from electricity sold at the generation component tariff, as published by the Israeli Electricity Authority, with some discount. Accordingly, changes in this tariff generally affect the prices paid by customers under power purchase agreements. The weighted-average generation component tariff in Q2 2026 was NIS 0.2890 per KW hour, which is approximately 2% lower than NIS 0.2939 per KW hour in Q2 2025. OPC's revenue from the sale of energy to private customers increased by $26 million in Q2 2026 as compared to Q2 2025, primarily due to an increase of $14 million relating to higher customer consumption and an increase of $17 million driven by the strengthening of the New Israeli Shekel against the U.S. Dollar during the period; and

- Revenue from private customers in respect of infrastructure services in Israel – Increased by $24 million in Q2 2026 as compared to Q2 2025, primarily as a result of an increase of $16 million due to higher customer consumption and an average increase in tariffs, and an increase of $8 million due to strengthening of the New Israeli Shekel against the U.S. Dollar during the period.

United States

- Revenue from sale of electricity (Energy Transition) in the U.S. – Increased by $110 million in Q2 2026 as compared to Q2 2025, primarily as a result of the first-time consolidation of the Shore and Maryland power plants from January and May 2026, respectively; and

- Revenue from sale of electricity (retail) activities in the U.S. – Increased by $24 million in Q2 2026 as compared to Q2 2025 primarily as a result of increase in scope of services.

Cost of Sales (Excluding Depreciation and Amortization)

Set forth below is a summary of OPC's cost of sales (excluding depreciation and amortization) in Israel and the U.S. for Q2 2026 and Q2 2025.

OPC's cost of sales (excluding depreciation and amortization) increased by $115 million from Q2 2025 to Q2 2026. Set forth below is a discussion of significant changes in cost of sales between Q2 2026 and Q2 2025.

Israel

- Expenses in respect of acquisition of energy in Israel – Increased by $9 million in Q2 2026 as compared to Q2 2025 primarily as a result of increased customer consumption; and

- Expenses in respect of infrastructure services in Israel – Increased by $24 million in Q2 2026 as compared to Q2 2025 primarily as a result of higher average tariffs during the period.

United States

- Expenses for sale of electricity (Energy Transition) in U.S. – Increased by $52 million in Q2 2026 as compared to Q2 2025, primarily as a result of the first-time consolidation of the Shore and Maryland power plants from January and May 2026, respectively; and

- Expenses for sale of electricity (retail) in U.S. – Increased by $23 million in Q2 2026 as compared to Q2 2025, primarily as a result of increase in scope of services.

Finance Expenses, net

Finance expenses, net in Q2 2026 were $22 million, as compared to $20 million in Q2 2025.

Share of Profit of Associated Companies, net

OPC's share of profit of associated companies, net decreased by $17 million in Q2 2026 as compared to Q2 2025, primarily as a result of commencement of consolidation in its financial statements for the Shore, Basin Ranch (under construction) and Maryland power plants from January, February and May 2026, respectively.

For further details of the results of associated companies of CPV Group LP (a 70%-owned subsidiary of OPC), refer to OPC's immediate report published on the Tel Aviv Stock Exchange ("TASE") on August 12, 2026 and the convenience English translations furnished by Kenon on Form 6-K on August 12, 2026.

Liquidity and Capital Resources

As of June 30, 2026, OPC had unrestricted cash and cash equivalents of $1,261 million, restricted cash of $187 million (including restricted cash used for debt service), and total outstanding consolidated indebtedness of $2,977 million, consisting of $204 million of short-term indebtedness and $2,773 million of long-term indebtedness. As of June 30, 2026, a substantial portion of OPC's debt was denominated in NIS.

As of June 30, 2026, OPC's proportionate share of debt (including accrued interest) of CPV associated companies was $642 million and its proportionate share of cash and cash equivalents was $56 million.

Business and other Developments

Hadera Expansion Project updates

In June 2026, OPC announced entry into (i) a financing agreement and (ii) an engineering, procurement and construction agreement, each in respect of the construction of a combined-cycle natural gas-fired power plant with an estimated capacity of approximately 850 MW, designated for construction on land adjacent to OPC's Hadera power plant (the "Hadera Expansion Project").

Also in June 2026, OPC announced receipt of tariff approval from the Israeli Electricity Authority in accordance with the regulatory framework expected to apply to the Hadera Expansion Project. OPC subsequently reported that financial closing was completed and construction of the Hadera Expansion Project commenced in June 2026.

For further information on the Hadera Expansion Project, see Kenon's Reports on Form 6-K furnished to the Securities and Exchange Commission ("SEC") on August 12, 2026, June 19, 2026, June 3, 2026, May 21, 2026, May 20, 2026, March 2, 2026 and Kenon's Annual Report on Form 20-F filed with the SEC.

Rogue's Wind project updates

OPC reported completion of construction and commencement of commercial operations of the Rogue's Wind project, a wind project located in Pennsylvania with a capacity of 114 MW, and receipt of the project's tax partner $160 million investment.

Series E Bonds

In August 2026, OPC issued NIS 600 million (approximately $202 million) of Series E bonds.

Additional Kenon Updates

Kenon's (stand-alone) Liquidity and Capital Resources

As of June 30, 2026, Kenon's stand-alone cash was $512 million. As of August 31, 2026, Kenon's stand-alone cash was $605 million. There is no material debt at the Kenon level.

Kenon's stand-alone cash includes cash and cash equivalents and other treasury management instruments.

Receipt of Payment of Arbitration Award by the Republic of Peru

In August 2026, the Republic of Peru paid the International Centre for Settlement of Investment Disputes arbitration award issued in favor of Kenon in October 2023 (the "Award"). The total payment was approximately $203 million, of which Kenon's share (after allocation of a portion of the proceeds to a capital provider and payment of certain outstanding expenses) was approximately $93 million, subject to tax. The payment reflects final payment of amounts payable by the Republic of Peru in connection with the Award and conclusion of this matter.

For further information, see Kenon's Report on Form 6-K furnished to the SEC on August 19, 2026.

Caution Concerning Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can generally identify these statements by the use of words like "may", "will", "could", "should", "believe", "expect", "plan", "estimate", "forecast", "potential", "intend", "target", "future", and variations of these words or comparable words. These statements include statements relating to OPC, OPC's construction and development projects, and other non-historical matters. These statements are based on current expectations or beliefs and are subject to uncertainty and changes in circumstances. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Kenon's control, which could cause the actual results to differ materially from those indicated in such forward-looking statements.

Der Umsatz von SANY Heavy Industry im ersten Halbjahr 2026 steigt im Jahresvergleich um 19,49 % auf 7,89 Milliarden USD, wobei der Anteil der Auslandsumsätze 61,33 % betrug

HONGKONG, 8. September 2026 /PRNewswire/ -- SANY Heavy Industry (600031.SH) meldete für das erste Halbjahr 2026 einen Umsatz von rund 7,89 Milliarden USD, was einem Anstieg von 19,49 % gegenüber dem Vorjahr entspricht, und einen zurechenbaren Nettogewinn von 838,887 Millionen USD, was einem Anstieg von 9,13 % entspricht.

Der Umsatz im zweiten Quartal stieg um 24,39 % auf 4,328 Mrd. USD und übertraf damit die Wachstumsrate des ersten Halbjahres, während der zurechenbare Nettogewinn um 16,93 % auf 473,108 Mio. USD zunahm. Der operative Cashflow belief sich auf 1,440 Mrd. USD. Zum 30. Juni belief sich die Bilanzsumme auf 26,708 Mrd. USD und das Eigenkapital auf 13,576 Mrd. USD.

SANY optimierte seine globale Präsenz, baute Vertriebskanäle und Servicenetzwerke im Ausland aus, entwickelte integrierte, szenariobasierte Maschinenlösungen, steigerte den weltweiten Marktanteil und trieb schlanke Betriebsabläufe voran, um Effizienz und qualitativ hochwertiges Wachstum zu fördern.

Die wichtigsten Highlights:

- Der Umsatz im Ausland erreichte 4,724 Mrd. USD, was einem Anstieg von 21,82 % entspricht und 61,33 % des Umsatzes im Kerngeschäft ausmacht. Afrika verzeichnete ein Wachstum von 47,66 % auf 790,234 Mio. USD; Amerika von 24,70 % auf 930,294 Mio. USD; Asien und Australien von 17,38 % auf 1,981 Mrd. USD; und Europa von 12,68 % auf 1,022 Mrd. USD.

- Alle wichtigen Produktlinien verzeichneten einen Zuwachs: Der Umsatz mit Rammmaschinen stieg um 63,11 % auf 322,433 Mio. USD; der Umsatz mit Aushubmaschinen stieg um 21,77 % auf 3,141 Mrd. USD; der Umsatz mit Betonmaschinen stieg um 21,25 % auf 1,330 Mrd. USD; Hebezeuge legten um 8,22 % auf 1,245 Mrd. USD zu; und Straßenbaumaschinen stiegen um 5,52 % auf 335,850 Mio. USD.

Die Globalisierung bleibt die vorrangige Strategie von SANY Heavy Industry. Das Unternehmen verlagert seinen Schwerpunkt vom Produktexport hin zu lokalisierten Industriebetrieben im Ausland und rückt damit Vertrieb, Dienstleistungen, Produktentwicklung und Betrieb näher an die lokalen Märkte heran.

SANY wird die Globalisierung, Digitalisierung und Dekarbonisierung vorantreiben, die Organisation im Ausland sowie das F&E-Management reformieren, die Produktinnovation stärken und Fertigung, Qualität, Rentabilität und Wettbewerbsfähigkeit verbessern. Das Unternehmen strebt danach, weltweit intelligentere, effizientere und nachhaltigere Lösungen anzubieten – „Gemeinsam die Zukunft gestalten".

Anhang: Ursprüngliche Zahlen in RMB

Finanzielles: Umsatz im ersten Halbjahr: 53,506 Milliarden RMB; Nettoergebnis im ersten Halbjahr: 5,690 Mrd. RMB; Umsatz im zweiten Quartal: 29,359 Mrd. RMB; Nettoergebnis im zweiten Quartal: 3,209 Mrd. RMB; operativer Cashflow: 9,768 Mrd. RMB; Bilanzsumme: 181,153 Mrd. RMB; Eigenkapital: 92,084 Mrd. RMB.

Ausland: Gesamt: 32,040 Mrd. RMB; Asien und Australien: 13,440 Mrd. RMB; Europa: 6,930 Mrd. RMB; Nord- und Südamerika: 6,310 Mrd. RMB; Afrika: 5,360 Mrd. RMB.

Produkte: Aushub, 21,306 Mrd. RMB; Beton, 9,022 Mrd. RMB; Hebetechnik, 8,446 Mrd. RMB; Pfahlbau, 2,187 Mrd. RMB; Straßenbaumaschinen, 2,278 Mrd. RMB.

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NEW YORK, Sept. 8, 2026 /PRNewswire/ -- Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $750 million in aggregate principal amount of 6.250% notes due 2033. The notes will mature on September 15, 2033 and may be redeemed in whole or in part at Ares Capital's option at any time at par plus a "make-whole" premium, if applicable.

BofA Securities, Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Barclays Capital Inc., CIBC World Markets Corp., Mizuho Securities USA LLC, MUFG Securities Americas Inc., TD Securities (USA) LLC, Truist Securities, Inc. and U.S. Bancorp Investments, Inc. are acting as joint book-running managers for this offering. BNP Paribas Securities Corp., Capital One Securities, Inc., HSBC Securities (USA) Inc., Morgan Stanley & Co. LLC, Regions Securities LLC, SG Americas Securities, LLC, BNY Mellon Capital Markets, LLC, Credit Agricole Securities (USA) Inc., Goldman Sachs & Co. LLC, ICBC Standard Bank Plc and Natixis Securities Americas LLC are acting as joint lead managers for this offering. Ares Management Capital Markets LLC, Deutsche Bank Securities Inc., ING Financial Markets LLC, R. Seelaus & Co., LLC, Academy Securities, Inc., Citigroup Global Markets Inc., Keefe, Bruyette & Woods, Inc., Loop Capital Markets LLC, Samuel A. Ramirez & Company, Inc. and Siebert Williams Shank & Co., LLC are acting as co-managers for this offering. The offering is expected to close on September 15, 2026, subject to customary closing conditions.

Ares Capital expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its debt facilities. Ares Capital may reborrow under its debt facilities for general corporate purposes, which include investing in portfolio companies in accordance with its investment objective.

Investors are advised to carefully consider the investment objective, risks, charges and expenses of Ares Capital before investing. The pricing term sheet dated September 8, 2026, the preliminary prospectus supplement dated September 8, 2026, and the accompanying prospectus dated May 1, 2024, each of which have been filed with the Securities and Exchange Commission, contain this and other information about Ares Capital and should be read carefully before investing.

The information in the pricing term sheet, the preliminary prospectus supplement, the accompanying prospectus and this press release is not complete and may be changed. The pricing term sheet, the preliminary prospectus supplement, the accompanying prospectus and this press release are not offers to sell any securities of Ares Capital and are not soliciting an offer to buy such securities in any jurisdiction where such offer and sale is not permitted.

The offering may be made only by means of a preliminary prospectus supplement and an accompanying prospectus. Copies of the preliminary prospectus supplement (and accompanying prospectus) may be obtained from

BofA Securities, Inc., NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attn:

Prospectus Department, or by calling 1-800-294-1322, or email [email protected]; J.P. Morgan Securities LLC, 270 Park Avenue, New York, NY 10017, Attn: Investment Grade Syndicate Desk, 212-834-4533; RBC Capital Markets, LLC, Brookfield Place, 200 Vesey Street, 8th Floor, New York, NY 10281, by toll-free telephone at 1-866-375-6829 or email [email protected]; SMBC Nikko Securities America, Inc. at 277 Park Avenue, New York, New York 10172, Attn: [email protected]; or Wells Fargo Securities, LLC at 1-800-645-3751.

ABOUT ARES CAPITAL CORPORATION

Founded in 2004, Ares Capital is a leading specialty finance company focused on providing direct loans and other investments in private middle market companies in the United States. Ares Capital's objective is to source and invest in high-quality borrowers that need capital to achieve their business goals, which oftentimes can lead to economic growth and employment. Ares Capital believes its loans and other investments in these companies can help generate attractive levels of current income and potential capital appreciation for investors. Ares Capital, through its investment manager, utilizes its extensive, direct origination capabilities and incumbent borrower relationships to source and underwrite predominantly senior secured loans but also subordinated debt and equity investments. Ares Capital has elected to be regulated as a business development company ("BDC") and was the largest publicly traded BDC by market capitalization as of June 30, 2026. Ares Capital is externally managed by a subsidiary of Ares Management Corporation (NYSE: ARES), a publicly traded, leading global alternative investment manager.

FORWARD-LOOKING STATEMENTS

Statements included herein may constitute "forward-looking statements," which relate to future events or Ares Capital's future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results and conditions may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Ares Capital's filings with the Securities and Exchange Commission. Ares Capital undertakes no duty to update any forward-looking statements made herein.

INVESTOR RELATIONS CONTACTS

Ares Capital Corporation

John Stilmar or Carl Drake

888-818-5298

[email protected] 

SOURCE Ares Capital Corporation

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Retail-investing brand builder and media personality known as "The Blonde Broker" joins Corgi to help scale the brand's reach among everyday investors

CHICAGO, Sept. 8, 2026 /PRNewswire/ -- Corgi, an AI-driven financial infrastructure company, today announced that Erin Gambrel has joined the firm as VP, Financial Services. The appointment brings a well-known voice in retail investing into Corgi's leadership team, with a focused mandate: driving growth and brand reach for Corgi's ETF lineup among retail investors, as the company continues to expand its ETF platform and broader financial services footprint.

"Bringing Erin onto the team is exactly the kind of move that compounds," said Nico Laqua, CEO of Corgi. "We've built fast on the product side, with nearly 200 ETFs and counting. What Erin brings is a decade of building financial brands designed to engage and educate retail investors. That's a different skill than marketing, and it's rare. Her audience, her credibility, and her focus on the retail side of our ETF lineup are a direct multiplier on everything else we're doing as a brand."

About Erin Gambrel

Ms. Gambrel joins Corgi from Investing Authority, an investor relations firm where she served as Vice President overseeing retail trading campaigns for a network reaching an audience of more than 20 million retail investors. Over a decade spent building financial media brands from the ground up, she has become a familiar face and voice across major financial media outlets, and is a regular contributor to The New York Times and Forbes. She is widely known as "The Blonde Broker," has founded her own marketing agency focused on the finance sector, and hosts The Market Runup, a premium financial podcast and newsletter produced under StrataMedia, covering macro trends, markets, and modern wealth creation for a retail investing audience. In her new role as VP, Financial Services, she will lead retail-focused growth strategy for Corgi's ETF lineup, drawing on ten years of experience building financial brands designed to engage and educate retail investors.

"Corgi is building at a pace I haven't seen anywhere else in this industry, and that's rare," said Gambrel. "I've spent the last decade building financial brands designed to engage and educate retail investors. That's exactly what I'm focused on here: making sure our lineup has real reach and real credibility with the everyday investor, not just with the industry. That's the biggest lever Corgi has in front of it right now."

Why This Hire Matters for the Corgi Brand

As Corgi's fund lineup has scaled rapidly, brand awareness and clear investor communication have become as important to the company's next phase of growth as product development itself. Ms. Gambrel's addition strengthens Corgi's ability to reach retail investors directly, translate complex fund strategies into accessible messaging, and build durable brand equity in a crowded and fast-moving ETF market, with a specific focus on the retail side of Corgi's ETF lineup, where a decade of brand-building experience positions her to turn product velocity into brand reach.

About Corgi

Corgi is an AI-driven financial infrastructure company building products across insurance and investing, including the Corgi Invest ETF platform. More information is available at www.corgifunds.com.

Important Information

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the Funds and should be read carefully before investing. A copy of the prospectus is available at www.corgifunds.com.

Investing involves risk, including possible loss of principal. There is no guarantee that any Fund will achieve its investment objective. This release is informational only and not an offer or solicitation; offers are made only by prospectus.

Distributor: Paralel Distributors LLC, Member FINRA. Paralel Distributors LLC is unaffiliated with Corgi Strategies, LLC and The Corgi Company.

Media Contact:

Erika Lee

Corgi

[email protected]

Control #: COR157

SOURCE Corgi

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Major utility-scale supply agreement highlights Inox Solar Americas' U.S. manufacturing capabilities, high domestic content, PFE & supply-chain compliance, and excellent product bankability in the U.S. solar market

GREENVILLE, N.C., Sept. 8, 2026 /PRNewswire/ -- Inox Solar Americas LLC, a U.S.-based solar technology and manufacturing company specializing in advanced PV cells and high-performance PV modules, today announced that it has signed an 800-MW PV module supply agreement with a leading U.S. renewable energy developer and owner focused on developing, financing, owning, and operating utility-scale solar and energy storage projects.

Under the agreement, Inox Solar Americas will supply PV modules for two major utility-scale solar projects totaling approximately 800 MW, with individual project capacities of approximately 300 MW and 500 MW across Colorado and Georgia. PV module deliveries are scheduled to begin in 2027.

The agreement follows Inox Solar Americas' announcement last week of a separate 767-MW PV module supply agreement with another leading U.S. solar energy developer, bringing the two recently announced agreements to approximately 1.57 GW. Together, these agreements demonstrate growing customer confidence in Inox Solar Americas' U.S. manufacturing platform, technology, supply capabilities, and ability to support the evolving requirements of the U.S. utility-scale solar market.

The agreement represents a significant commercial milestone for Inox Solar Americas and demonstrates customer confidence in the company's U.S. manufacturing platform for high-domestic-content PV modules with best-in-class product quality, reliable domestic supply-chain strategy, and bankability to support the technical, commercial, and financing requirements of large-scale U.S. solar projects.

DEMONSTRATING UTILITY-SCALE BANKABILITY

The 800-MW agreement represents an important demonstration of the commercial and project-level bankability of Inox Solar Americas' PV modules. The selection of Inox Solar Americas for two large utility-scale projects reflects the technical, commercial, supply-chain, and risk considerations that developers, IPPs, investors, lenders, and other project stakeholders evaluate when selecting PV module suppliers for long-term solar assets.

The agreement demonstrates Inox Solar Americas' ability to support large-scale project pipelines through a combination of U.S. manufacturing, high domestic content, advanced PV technology, manufacturing scale, product reliability, supply-chain resilience, and long-term customer support.

SUPPORTING FEOC/PFE AND U.S. SUPPLY-CHAIN COMPLIANCE REQUIREMENTS

Inox Solar Americas is building its U.S. manufacturing and sourcing strategy fully complying with the evolving Prohibited Foreign Entity (PFE), Foreign Entity of Concern (FEOC), domestic content, supply-chain traceability, and applicable U.S. trade and energy policy requirements.

Through enhanced supplier qualification, increased domestic sourcing, and greater supply-chain transparency and component traceability, Inox Solar Americas is working to provide PV module solutions designed to support applicable project-level compliance requirements, strengthen supply-chain resilience, and reduce risk.

"This 800-MW agreement marks an important commercial milestone for Inox Solar Americas and reflects the growing confidence U.S. renewable energy developers place in our advanced PV technology, U.S. manufacturing platform, and long-term commitment to the American solar market," said Ashok Nair, President & CEO of Inox Solar Americas. "As the industry places greater emphasis on domestic manufacturing, supply-chain transparency, regulatory compliance, product reliability, and long-term bankability, we are well positioned to deliver high-performance PV modules that meet the evolving technical and commercial requirements of large-scale solar projects across the United States."

The projects will utilize Inox Solar Americas' Vega Series™ bifacial PV modules powered by advanced Galaxion™ PV cells. Engineered for utility-scale applications, the modules deliver high power output, strong energy-yield potential, durability, and long-term reliability while supporting high levels of U.S. domestic content.

The 800-MW agreement further reinforces Inox Solar Americas' growing bankability and position as a trusted U.S. solar manufacturing partner capable of supporting large-scale utility solar projects with advanced PV technology, domestic manufacturing, resilient supply chains, and reliable long-term performance.

INOX SOLAR AMERICAS

Inox Solar Americas, founded in 2026 in the United States, is a leading solar technology and manufacturing company specializing in advanced monocrystalline PV cells and high-performance Gamma Series™ monofacial and Vega Series™ bifacial PV modules. Inox Solar Americas' photovoltaic solutions are engineered to meet the needs of residential, commercial, industrial, community solar, and utility-scale applications, delivering exceptional efficiency, reliability, and long-term value.

Inox Solar Americas acquired Boviet Solar's U.S. PV manufacturing assets in Greenville, North Carolina, USA, including 3.0 GW of annual PV module manufacturing capacity and 3.0 GW of planned annual PV cell manufacturing capacity, expected to come online in 2027. Through localized manufacturing, resilient supply chains, operational excellence, and efficient logistics, Inox Solar Americas is helping strengthen the U.S. solar supply chain and meet growing domestic demand.

Inox Solar Americas is part of the broader renewable energy platform of Inox Clean Energy and the INOXGFL Group, headquartered in India. Backed by the group's financial strength, business stability, manufacturing capabilities, technological innovation, and industry expertise, Inox Solar Americas is committed to delivering high-quality, reliable, and sustainable solar solutions to customers across the U.S. solar energy market.

For more information, visit: bovietsolar.com, inoxclean.com and inoxgfl.com.

MEDIA INQUIRIES:

Songül Atacan

Head of Global Brand and Marketing

Inox Solar Americas | Boviet Solar USA

[email protected]

SOURCE Inox Solar Americas LLC

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STREATOR, Ill., Sept. 8, 2026 /PRNewswire/ -- Last week, Illinois American Water welcomed a group of the Illinois legislators to its water treatment plant in Streator, highlighting the company's industry-leading approach to water treatment and infrastructure solutions. Participating in the tour were Senator Chris Balkema, Representative Jason R. Bunting, Tim Ruestman, candidate for IL-District 105, and a delegate from the office of Representative Dennis Tipsword.

Legislators from the Streator area toured the treatment plant to learn about how Illinois American Water's ongoing investments support the delivery of safe, clean, reliable drinking water while modernizing treatment processes and protecting local water resources.

Following the tour, Illinois State Senator Chris Balkema stated, "Visiting the American Water plant in Streator gave me confidence in the critical investments being made to meet drinking water regulations across our communities and to keep quality water flowing to our taps."

"Supporting the utilities that provide the services and amenities that keep our communities going is important, especially as systems age," added Illinois Representative Jason R. Bunting. "I want to thank Illinois American Water for the opportunity to tour the Streator plant and to learn about the ways they're innovating in our community."

Recent water treatment plant upgrades that enhance the company's water quality and further protect area customers include:

- Ultraviolet Treatment System ($4.1 million): The company added additional disinfection capabilities to the water treatment process. The equipment uses ultraviolet light to treat bacteria and microorganisms that could be present in raw water from the Vermilion River, which serves as source water for the treatment plant.

- Water Plant Filter Improvement ($3.7 million): Construction completed in 2024 improved two aging water filters and created a new structure over the water plant's sedimentation and flocculation basins for additional protection from the elements.

"Illinois American Water has invested $26.5 million over the past 5 years into the Streator Water Treatment Plant and distribution system," said John Killips, Sr. Director of Engineering, Illinois American Water. "These investments are crucial for us to maintain our ability to provide clean, safe and reliable water service for the roughly 7,600 customers the plant serves."

About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 19 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About Illinois American Water

Illinois American Water, a subsidiary of American Water, is the largest regulated water utility in the state with approximately 600 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 1.3 million people. American Water also operates a quality control and research laboratory in Belleville.

SOURCE American Water

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NEW YORK, Sept. 8, 2026 /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Gildan Activewear Inc. (NYSE: GIL) resulting from allegations that Gildan Activewear may have issued materially misleading business information to the investing public.

So What: If you purchased Gildan Activewear securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/gildan-activewear-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

What is this about: On June 16, 2026, Investing.com published an article entitled "Gildan Activewear stock falls after short seller report." The article stated that Gildan Activewear shares fell "following the release of a short report from Jehoshaphat Research questioning the company's organic growth and sales practices." Further, the article stated that the "research firm disclosed a short position in the Canadian apparel manufacturer, claiming that the company's organic growth has been negative for years despite appearing to show revenue growth. Jehoshaphat Research stated that this underlying decline has been obscured by financial engineering."

On this news, Gildan Activewear NYSE-listed shares fell 18.7% on June 16, 2026.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.

     Phillip Kim, Esq.

     The Rosen Law Firm, P.A.

     275 Madison Avenue, 40th Floor

     New York, NY 10016

     Tel: (212) 686-1060

     Toll Free: (866) 767-3653

     Fax: (212) 202-3827

     [email protected]

     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

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NEW YORK, Sept. 8, 2026 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of investors in Putnam Investment Management, LLC (Putnam Investments) stock-based mutual funds, resulting from allegations that Putnam may have issued materially misleading business information to the investing public.

So What: If you purchased Putnam mutual funds you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/putnam-investment-management-llc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

What is this about: Rosen Law Firm is investigating potential civil securities claims.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.

     Phillip Kim, Esq.

     The Rosen Law Firm, P.A.

     275 Madison Avenue, 40th Floor

     New York, NY 10016

     Tel: (212) 686-1060

     Toll Free: (866) 767-3653

     Fax: (212) 202-3827

     [email protected]

     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

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HOUSTON, Sept. 8, 2026 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 249 dealerships located in the U.S. and U.K, today announced the pricing of its private placement of $625.0 million in aggregate principal amount of its 6.250% senior unsecured notes due 2032 (the "2032 Notes") and $625.0 million in aggregate principal amount of its 6.625% senior unsecured notes due 2035 (the "2035 Notes" and, together with the 2032 Notes, the "Notes"). The offering is expected to close on September 22, 2026, subject to customary closing conditions.

The Company intends to use the net proceeds of the offering, together with cash on hand, to fund the purchase price for its previously announced acquisition of certain dealership assets and related real estate from Hennessy Automobile Companies, Inc. and certain of its affiliates (the "Hennessy Acquisition") and to pay related fees and expenses. Because the closing of the Hennessy Acquisition is expected to occur after the closing of the offering, the Company intends to use the net proceeds, pending the closing of the Hennessy Acquisition, to repay a portion of the outstanding borrowings under the acquisition line under its revolving credit facility, which the Company expects to reborrow at the closing of the Hennessy Acquisition to fund a portion of the purchase price.

If the Hennessy Acquisition is not consummated on or prior to the later of (x) January 6, 2027 (the "Outside Date") and (y) such date to which the Outside Date under the purchase agreement relating to the Hennessy Acquisition may be extended in accordance with the terms thereof (such later date, the "Special Mandatory Redemption Outside Date"), or upon the occurrence of certain other events, including the termination of the purchase agreement related to the Hennessy Acquisition prior to the Special Mandatory Redemption Outside Date, the Company will be required to redeem all of the 2032 Notes then outstanding at a redemption price equal to 100% of the initial issue price thereof, plus accrued and unpaid interest, if any, from the issue date to, but excluding, the redemption date (the "Special Mandatory Redemption"). In that case, the Company intends to use the net proceeds of the offering that are not used to fund the Special Mandatory Redemption to repay borrowings under the Company's revolving credit facility and for general corporate purposes.

The Notes have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws, and thus, the Notes may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Notes have been offered to persons reasonably believed to be qualified institutional buyers in an offering exempt from registration pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside of the United States in compliance with Regulation S under the Securities Act. This announcement shall not constitute an offer to sell or a solicitation of an offer to buy any of these Notes or any security, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful.

ABOUT GROUP 1 AUTOMOTIVE, INC.

Group 1 owns and operates 249 automotive dealerships, 310 franchises, and 32 collision centers in the United States and the United Kingdom that offer 37 brands of automobiles. Through its dealerships and omni-channel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts.

FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements related to future, not past, events and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. In this context, the forward-looking statements include statements regarding the proposed offering, the intended use of proceeds and the pending Hennessy Acquisition. These forward-looking statements often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," "foresee," "may" or "will" and similar expressions. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the impacts of sustained levels of inflation, including reduced affordability of automobiles for consumers, (c) developments in U.S. and global trade policy, including the imposition by the U.S. of significant tariffs on the import of automobiles and certain materials used in our parts and services business and the resulting consequences (including, but not limited to, retaliatory tariffs by non-U.S. nations, supply chain disruptions, vehicle and part cost increases and demand decreases, and potential recessions in the U.S. and U.K.) and the passage of the "One Big Beautiful Bill," including the associated impact on tax deductions in the domestic car industry and the elimination of certain clean energy tax credits, which could impact incentives for electric vehicle production and sales, (d) the level of manufacturer incentives, (e) our ability to comply with extensive laws, regulations and policies applicable to our operations, including BEV mandates in the U.K., and their impact on new vehicle demand, (f) our ability to obtain an inventory of desirable new and used vehicles (including as a result of changes in the international trade environment), (g) our relationship with our automobile manufacturers and the willingness of manufacturers to approve future acquisitions, (h) our cost of financing and the availability of credit for consumers, (i) our ability to complete acquisitions and dispositions, including the pending Hennessy Acquisition, on a timely basis, if at all and the risks associated therewith, (j) our ability to successfully integrate recent and future acquisitions, including the Hennessy Acquisition, and realize the expected benefits from consummated acquisitions, (k) foreign exchange controls and currency fluctuations, (l) the armed conflicts in Ukraine and the Middle East, including that between the U.S. and Iran, (m) broader macroeconomic challenges in the U.K., including inflationary pressures, fluctuations in interest and foreign exchange rates and overall economic volatility, which could further impact vehicle affordability, demand and our financial performance in that market, (n) our ability to maintain sufficient liquidity to operate, and (o) a material failure in or breach of our vendors' information technology systems and other cybersecurity incidents. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

Investor contacts:

David Helderman

Senior Manager, Investor Relations

Group 1 Automotive, Inc.

[email protected] 

Media contacts:

Pete DeLongchamps

Senior Vice President, Manufacturer Relations, Financial Services and Corporate Development

Group 1 Automotive, Inc.

[email protected] 

Kimberly Barta

Head of Advertising, Brand and Communications

Group 1 Automotive, Inc.

[email protected] 

or

Jude Gorman / Clayton Erwin

Collected Strategies

[email protected] 

SOURCE Group 1 Automotive, Inc.

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NEW YORK, Sept. 8, 2026 /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of The Ensign Group, Inc. (NASDAQ: ENSG) resulting from allegations that Ensign may have issued materially misleading business information to the investing public.

So What: If you purchased Ensign securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/the-ensign-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

What is this about: On June 8, 2026, Investing.com published an article entitled "Ensign Group stock tumbles after short seller report." The article stated that Ensign shares fell after "short seller Hunterbrook released a report alleging the nursing home operator's business model relies on inadequate patient care and gaming quality metrics." Further, the article stated that Hunterbrook "published findings from a five-month investigation claiming the company's profits depend on understaffing facilities while routing taxpayer dollars to executives and affiliates. The report alleges patients have suffered and died as a result."

On this news, Ensign Group's shares fell 8.15% on June 8, 2026.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.

     Phillip Kim, Esq.

     The Rosen Law Firm, P.A.

     275 Madison Avenue, 40th Floor

     New York, NY 10016

     Tel: (212) 686-1060

     Toll Free: (866) 767-3653

     Fax: (212) 202-3827

     [email protected]

     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

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