Articles from One Energy Enterprises Inc.

One Energy Enterprises Inc. (“One Energy”), an industrial power company, announced today that it will host a Virtual Analyst and Investor Day on Monday, July 1, 2024, from 1:00 p.m. to 2:30 p.m. ET.

One Energy Enterprises Inc. (“One Energy”), an industrial power company pursuing a business combination transaction with TortoiseEcofin Acquisition Corp. III (“TRTL”), today announced its selection of Selena Cuffe to join the board of directors of the surviving public company after the proposed business combination (the “Business Combination”), which is expected to be renamed One Power Company (“One Power” and the “One Power Board”). Prior to consummating the Business Combination, TRTL will seek shareholder approval of the transaction, including the appointment of Ms. Cuffe and the other director nominees to the One Power Board.

One Energy Enterprises Inc. (the “Company”) today announced that the Company received signed commitments to purchase additional shares (“Additional Series A Investments”) of One Energy Series A convertible preferred stock (“OE Series A Shares”) which, together with prior purchases and sales of OE Series A Shares (collectively, the “Series A Preferred Investments”) represent an aggregate oversubscribed total raise of over $35 million. The Company intends to use the expected proceeds from the Additional Series A Investments to pursue the Company’s business plans and fund working capital needs prior to the anticipated closing (the “BC Closing”) of the Company’s proposed business combination transaction (the “Business Combination”) with Tortoise Ecofin Acquisition Corp. III (“TRTL”).

One Energy Enterprises Inc., an industrial power company, announced today the appointment of Thomas “Tom” Russell to the position of Chief Financial Officer, reporting directly to CEO Jereme Kent.

One Energy Enterprises Inc., an industrial power company, today announced it is launching a new electric semi-truck trial program known as “Just Roll.” One Energy has added the Daimler eCascadia Class 8 Battery BEV to the test fleet.

One Energy Enterprises Inc. (“One Energy”), has unveiled the initial configuration and energization of its 30 megawatt (MW) electric semi-truck fleet charging site, located at its first Megawatt Hub in Findlay, Ohio. The company’s innovative Power Island™ concept demonstrates how One Energy plans to configure electric semi-truck charging infrastructure to concurrently support multiple corporate trucking fleet operators.

One Energy Enterprises Inc. (“One Energy”), a vertically integrated industrial power solutions company, and Ohio Logistics Ltd. (“Ohio Logistics”), a leading warehousing, distribution, and transportation services provider, today announced an extension of a collaborative project focused on exploring commercial-ready electric semi-truck technologies.

One Energy Enterprises Inc. (“One Energy”), a vertically integrated industrial power solutions company, today announced that its first Megawatt Hub, in Findlay, Ohio (“Findlay Megawatt Hub”), has begun commercial operations.

One Energy Enterprises Inc. (“One Energy”), a vertically integrated industrial power solutions company, today announced that the first fully digital, plug-and-play, transmission-voltage substation in the United States at One Energy’s Findlay headquarters, has completed energization and testing and begun commercial operation. One Energy’s digital substation, intended to power a Megawatt Hub, was built as proof of concept for the company’s new, fully digital station architecture.

One Energy Enterprises Inc. and TortoiseEcofin Acquisition Corp. III today announced that they have entered into a definitive Business Combination Agreement (the “Business Combination Agreement”) for a business combination (the “Transaction” or the “Business Combination”). One Energy Enterprises Inc. (“One Power”) is a vertically integrated industrial power solutions company, and is the largest installer of on-site, behind-the-meter, megawatt-scale, wind energy in the United States. TortoiseEcofin Acquisition Corp. III (“TRTL”) (NYSETRTL) is an energy transition focused special purpose acquisition company. The Transaction is structured as a merger, following which the business of One Power will be the combined business of the public company, which will be renamed One Power Company the (“Combined Company”). Securities of the Combined Company are expected to be listed on the New York Stock Exchange under the ticker symbol “ONEP”.