Latest news with #Argo
Business Wire
a day ago
- Business
- Business Wire
Argo Acquires UGI's Gas Storage and Supply Assets in Hawaiʻi
HONOLULU--(BUSINESS WIRE)--Isle Gas, a wholly owned subsidiary of AMF Hawaiʻi Investment Holdings, LLC ('AMF') managed by Argo Infrastructure Partners ('Argo'), announced today that it has reached an agreement with AmeriGas Propane, L.P. ('AmeriGas') to purchase select non-utility gas storage and delivery assets from AmeriGas, a subsidiary of UGI Corporation (NYSE: UGI). The asset purchase includes approximately 750,000 gallons of propane storage across multiple sites and a delivery fleet of vehicles used to serve thousands of both residential and commercial customers across four service territories: Oʻahu, Hawaiʻi Island, Maui, and Kauaʻi. Isle Gas will be serviced by Hawaiʻi Gas, which currently supplies nearly 34,000 non-utility customers with propane across the state of Hawaiʻi, to fulfill the critical daily needs of households and businesses. Hawaiʻi Gas and Isle Gas are both wholly owned by funds managed by Argo. 'Our continuing focus is on investing in and growing infrastructure assets that provide essential services to their communities,' said Jason Zibarras, Managing Partner and Founder of Argo Infrastructure Partners. 'The addition of these assets will complement our existing Hawaiʻi operations supporting a more resilient and energy-efficient future." Jason Zibarras also said, 'We are delighted to have worked with UGI on this transaction, securing and providing certainty for AmeriGas' customers in Hawaiʻi.' 'As we've done across our managed portfolio of infrastructure assets, Argo will support Isle Gas with access to capital and operational expertise,' said Hugh Au, Managing Director at Argo. 'With this investment, Argo continues to invest in the energy needs of the Hawaiian Islands, building on and supporting Hawaiʻi Gas' strong track record of reliability, resiliency, and safety.' 'As a diversified holding company, AMF's purchase of these assets will increase its ability to support a continued focus on energy efficiency, resiliency, and sustainability consistent with Hawaiʻi's climate objectives,' said Alicia Moy, President of AMF and President and CEO of Hawaiʻi Gas. 'Hawaiʻi Gas is pleased to serve Isle Gas and its customers. We are committed to making this a smooth transition process for AmeriGas customers as they transition to Isle Gas, providing them with continued safe, reliable, and excellent service.' The acquisition is expected to be completed in Q3 of 2025. About Argo Infrastructure Partners Argo Infrastructure Partners LP, founded by Jason Zibarras, is an independent fund manager with a long-term approach to infrastructure investing. Argo invests in high-quality infrastructure businesses and assets that provide essential services to their communities over their long operational lives, including investments in utilities, renewable energy, digital infrastructure, and other long duration infrastructure assets. Argo's investment philosophy couples sound investment return with responsible and sustainable investing. As of Q2 2025, Argo manages over $6.25 billion in assets on behalf of its investor partners. For more information, visit About Hawai'i Gas Established in 1904, Hawaiʻi Gas is the only government-franchised, full-service gas company manufacturing and distributing gas in Hawaiʻi. Hawaiʻi Gas' non-utility operations include distribution of liquefied petroleum gas, or LPG (propane) to tank and bottled gas customers throughout the state. For more information, visit
Cision Canada
12-06-2025
- Business
- Cision Canada
Argo Named to Fast Company's 2025 World Changing Ideas List for Smart Routing™ Transit Platform
Vertically integrated transit solution recognized for transforming urban mobility and creating more equitable, sustainable cities TORONTO, June 11, 2025 /CNW/ - Argo Corporation (TSXV: ARGH) (OTCQX: ARGHF) (" Argo" or the " Company"), a leader in next-generation transit solutions, announced today that it was named a winner of Fast Company's 2025 World Changing Ideas Awards. This annual recognition honours bold and transformative efforts that tackle the world's most pressing challenges. Argo was recognized for its Smart Routing™ transit platform that aims to revolutionize how cities move people while addressing critical climate, equity, and accessibility challenges. Fast Company selected Argo as a winner from over 1500 initiatives worldwide, highlighting the Company's innovative approach to solving one of urbanization's greatest challenges: providing effective mobility for billions of people in rapidly growing cities while reducing emissions and improving quality of life. "The World Changing Ideas Awards have always been about showcasing the art of the possible," says Fast Company editor-in-chief Brendan Vaughan. "We're proud to recognize the organizations and leaders that are making meaningful progress on the biggest issues of our time." "We launched Argo one year ago today with a vision to solve one of the world's most urgent challenges: modernizing public transit so it's as convenient as driving, but accessible to everyone," said Praveen Arichandran, CEO and co-founder of Argo. "We're proud to be showcasing Canadian innovation on a global stage, starting in the town of Bradford West Gwillimbury and soon expanding to Brampton. This recognition by Fast Company affirms our belief that the next generation of globally ambitious companies can be built right here in Ontario." In conjunction with this award, Arichandran was also named to Fast Company's Impact Council, a collective of the most innovative leaders in business. About Fast Company Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at About Argo Founded in June 2024, Argo delivers the world's first fully vertically integrated transit system, combining proprietary Argo X1 electric vehicles, Smart Routing™ technology, and comprehensive operational management in a single end-to-end solution. By integrating every aspect of the transit experience, Argo enables municipalities to enhance their existing transit networks with dynamically optimized services that aim to deliver substantially better efficiency, coverage, and rider satisfaction, all while maintaining standard public transit pricing. The company launched Argo School in September 2024 and began its first municipal deployment in Bradford West Gwillimbury in early 2025. Learn more at Praveen Arichandran, CEO Argo Corporation (800) 575-7051 Forward-Looking Information This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, as described in more detail in the Company's securities filings available at Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
Yahoo
12-06-2025
- Business
- Yahoo
Argo Named to Fast Company's 2025 World Changing Ideas List for Smart Routing™ Transit Platform
Vertically integrated transit solution recognized for transforming urban mobility and creating more equitable, sustainable cities TORONTO, June 11, 2025 /CNW/ - Argo Corporation (TSXV: ARGH) (OTCQX: ARGHF) ("Argo" or the "Company"), a leader in next-generation transit solutions, announced today that it was named a winner of Fast Company's 2025 World Changing Ideas Awards. This annual recognition honours bold and transformative efforts that tackle the world's most pressing challenges. Argo was recognized for its Smart Routing™ transit platform that aims to revolutionize how cities move people while addressing critical climate, equity, and accessibility challenges. Fast Company selected Argo as a winner from over 1500 initiatives worldwide, highlighting the Company's innovative approach to solving one of urbanization's greatest challenges: providing effective mobility for billions of people in rapidly growing cities while reducing emissions and improving quality of life. "The World Changing Ideas Awards have always been about showcasing the art of the possible," says Fast Company editor-in-chief Brendan Vaughan. "We're proud to recognize the organizations and leaders that are making meaningful progress on the biggest issues of our time." "We launched Argo one year ago today with a vision to solve one of the world's most urgent challenges: modernizing public transit so it's as convenient as driving, but accessible to everyone," said Praveen Arichandran, CEO and co-founder of Argo. "We're proud to be showcasing Canadian innovation on a global stage, starting in the town of Bradford West Gwillimbury and soon expanding to Brampton. This recognition by Fast Company affirms our belief that the next generation of globally ambitious companies can be built right here in Ontario." In conjunction with this award, Arichandran was also named to Fast Company's Impact Council, a collective of the most innovative leaders in business. About Fast CompanyFast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at About ArgoFounded in June 2024, Argo delivers the world's first fully vertically integrated transit system, combining proprietary Argo X1 electric vehicles, Smart Routing™ technology, and comprehensive operational management in a single end-to-end solution. By integrating every aspect of the transit experience, Argo enables municipalities to enhance their existing transit networks with dynamically optimized services that aim to deliver substantially better efficiency, coverage, and rider satisfaction, all while maintaining standard public transit pricing. The company launched Argo School in September 2024 and began its first municipal deployment in Bradford West Gwillimbury in early 2025. Learn more at Praveen Arichandran, CEOArgo Corporation(800) 575-7051 Forward-Looking InformationThis news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, as described in more detail in the Company's securities filings available at Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE ARGO CORPORATION View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-06-2025
- Business
- Yahoo
Argo Named to Fast Company's 2025 World Changing Ideas List for Smart Routing™ Transit Platform
Vertically integrated transit solution recognized for transforming urban mobility and creating more equitable, sustainable cities TORONTO, June 11, 2025 /CNW/ - Argo Corporation (TSXV: ARGH) (OTCQX: ARGHF) ("Argo" or the "Company"), a leader in next-generation transit solutions, announced today that it was named a winner of Fast Company's 2025 World Changing Ideas Awards. This annual recognition honours bold and transformative efforts that tackle the world's most pressing challenges. Argo was recognized for its Smart Routing™ transit platform that aims to revolutionize how cities move people while addressing critical climate, equity, and accessibility challenges. Fast Company selected Argo as a winner from over 1500 initiatives worldwide, highlighting the Company's innovative approach to solving one of urbanization's greatest challenges: providing effective mobility for billions of people in rapidly growing cities while reducing emissions and improving quality of life. "The World Changing Ideas Awards have always been about showcasing the art of the possible," says Fast Company editor-in-chief Brendan Vaughan. "We're proud to recognize the organizations and leaders that are making meaningful progress on the biggest issues of our time." "We launched Argo one year ago today with a vision to solve one of the world's most urgent challenges: modernizing public transit so it's as convenient as driving, but accessible to everyone," said Praveen Arichandran, CEO and co-founder of Argo. "We're proud to be showcasing Canadian innovation on a global stage, starting in the town of Bradford West Gwillimbury and soon expanding to Brampton. This recognition by Fast Company affirms our belief that the next generation of globally ambitious companies can be built right here in Ontario." In conjunction with this award, Arichandran was also named to Fast Company's Impact Council, a collective of the most innovative leaders in business. About Fast CompanyFast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at About ArgoFounded in June 2024, Argo delivers the world's first fully vertically integrated transit system, combining proprietary Argo X1 electric vehicles, Smart Routing™ technology, and comprehensive operational management in a single end-to-end solution. By integrating every aspect of the transit experience, Argo enables municipalities to enhance their existing transit networks with dynamically optimized services that aim to deliver substantially better efficiency, coverage, and rider satisfaction, all while maintaining standard public transit pricing. The company launched Argo School in September 2024 and began its first municipal deployment in Bradford West Gwillimbury in early 2025. Learn more at Praveen Arichandran, CEOArgo Corporation(800) 575-7051 Forward-Looking InformationThis news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, as described in more detail in the Company's securities filings available at Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE ARGO CORPORATION View original content to download multimedia: Sign in to access your portfolio
Yahoo
11-06-2025
- Business
- Yahoo
Argo's April 2025 Oil Production
Toronto, Ontario--(Newsfile Corp. - June 11, 2025) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") April 2025 oil production was a total of 2,805 barrels for the month, averaging 93.5 barrels per day. Oil prices averaged CDN$60 per barrel and Argo's March oil revenue was $167,959 and net operating cash flow was $95,374. April 2025 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 1(37.5% interest) 98 bbl/day 37 bbl/day $66,173 $39,084 Lloyd 1(18.75% interest) 131 bbl/day 25 bbl/day $44,057 $26,331 Lindbergh 2(37.5% interest) 47 bbl/day 18 bbl/day $31,833 $17,968 Lloyd 2(23.077% interest) 5 bbl/day 1 bbl/day $1,628 -$546 Lindbergh 3(18.75% interest) 72 bbl/day 13.5 bbl/day $24,268 $12,537 April 2025 Total 93.5 bbl/day $167,959 $95,374 Argo recently increased its operating interest at Lloyd 2 to 23.077% from 18.75% whereby Argo's 23.077% interest now encompasses the entire General Petroleum oil formation at Lloyd. The partnership has paid the seller $75,000 for its 18.75% interest in the General Petroleum oil formation at Lloyd, of which Argo has participated in the purchase for its pro-rata share. After cumulative production of 45,000 barrels of oil, the partnership would pay the seller a one-time bonus of $25,000 where Argo would pay its pro-rata share. About Argo Gold Argo Gold is a Canadian mineral exploration and development company, and an oil producer. Information on Argo Gold can be obtained from SEDAR at and on Argo Gold's website at Argo Gold is listed on the Canadian Securities Exchange ( (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS). Judy Baker, CEO (416) 786-7860 jbaker@ NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. To view the source version of this press release, please visit Sign in to access your portfolio
