Latest news with #Geronimo
Yahoo
11-06-2025
- Business
- Yahoo
Geronimo Power Expands Ohio Portfolio with Two Additional Solar Projects
Ross County Solar and Fayette Solar will contribute a combined $73 million in direct economic impact over the next 20 years MINNEAPOLIS, June 11, 2025 /PRNewswire/ -- Geronimo Power (Geronimo) announced today the start of operation at its Ross County (Ross) and Fayette (Fayette) Solar projects located in Ross, Fayette and Highland counties in Ohio. Combined, the projects are anticipated to contribute $73 million in direct economic impact over the first 20 years of operations. "The addition of Ross and Fayette to our Ohio operating portfolio brings our collective projected economic impact to more than $160 million across the Buckeye state," said Blake Nixon, President and CEO of Geronimo Power. "We're proud of the footprint we've built here, and we want to extend a huge thank you to the state of Ohio and our project host communities for opening their doors to our business and investments." Joining the previously announced Yellowbud Solar project, the 120-megawatt (MW) Ross and 47.5 MW Fayette will contribute $29.5 million in new tax revenue, which will be distributed to local counties, emergency services, school districts and additional funding for the Ohio PILOT Program. Additionally, the company recently announced the start of construction at its Dodson Creek and Sycamore Creek Solar projects. Combined, all five projects will culminate in more than 675 MW of clean energy produced in the state once all five projects are operational. "I have lived in the area for more than 45 years and have found the nearby solar facilities to provide a welcome change to my community," said Duane Ross, a Fayette project landowner. "The Ross and Fayette solar projects will provide essential revenue streams for residents in this area, and I hope to see more solar projects producing clean energy in the future." To commemorate the projects and the benefits they provide, Geronimo hosted a "Solar Harvest Festival" last October with landowners, community members and project partners. The fall-themed event was sourced primarily from local businesses and featured a short tour of the Ross project, during which attendees had the opportunity to view and learn more about the inner workings of a solar farm. Prior to the event, Geronimo announced its pledge to donate $670,000 in charitable funding through the Ross and Fayette projects over the first 20 years of operations. Representatives from The Chillicothe-Ross Community Foundation and The Greenfield Foundation, who will manage the charitable funds, were present at the event and provided commemorative checks to signify the upcoming charitable donations. In addition to the economic benefits provided by Ross and Fayette, the projects provide many environmental benefits to local communities. Using the United States Environmental Protection Agency's (EPA) greenhouse gas equivalencies calculator, the projects combined are anticipated to offset carbon dioxide emissions by 4.5 million metric tons over the first 20 years. About Geronimo PowerGeronimo Power (formerly National Grid Renewables) develops, owns and operates large-scale power assets throughout America's Heartland, including solar, wind and energy storage. As a farmer-founded and community-focused business, Geronimo Power equips landowners and rural communities with sustainable revenue to ignite local economic growth. To learn more about Geronimo Power, visit or follow the company on LinkedIn. Media InquiriesContact: Emily MorissetteSenior Manager, Marketing & CommunicationsGeronimo Powerpress@ View original content to download multimedia: SOURCE Geronimo Power 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
09-06-2025
- Business
- Yahoo
IZMO Ltd (BOM:532341) Q4 2025 Earnings Call Highlights: Strong Revenue Growth Amid Rising Costs
Release Date: June 06, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. IZMO Ltd (BOM:532341) reported a robust 20.27% year-on-year revenue growth for FY25, driven by expanding clientele across the US and Europe. The company has made significant R&D investments, particularly in AI and semiconductor sectors, positioning itself for future growth. The operational launch of a cutting-edge semiconductor manufacturing facility in Bangalore is expected to contribute significantly to revenue. The acquisition of Geronimo Web has expanded IZMO Ltd's footprint in European and Latin American markets, enhancing cross-selling opportunities. IZMO Ltd's Frog Data AI platform continues to gain traction, driving increased investment in sales, engineering, and marketing. Despite revenue growth, the company's profit after tax (PAT) for Q4 FY25 was subdued, reflecting increased expenses from new verticals. The company's working capital has increased due to longer payment cycles from large clients, impacting cash flow. Employee costs have risen, with further increases expected due to annual appraisals, potentially affecting profit margins. The semiconductor business, while promising, is still in its early stages and currently incurs expenses that impact overall profitability. The company faces geopolitical risks and uncertainties that could affect its growth projections and market conditions. Warning! GuruFocus has detected 4 Warning Signs with BOM:532341. Q: Your top line is growing well, but salary and other expenses are rising due to new verticals. When will this reflect in PAT growth, and what is the outlook for FY26? A: We expect to break even in Ismo Micro operations this financial year, with PAT growth starting from Q3. We have signed up several clients, including a major automotive client, and anticipate significant contributions to PAT from Q3 onwards. We project a top-line growth of 25-30% for FY26, which will also reflect in the bottom line as other businesses stop burning cash and start contributing positively. - Unidentified_2 Q: How has the Geronimo acquisition progressed, and what revenue can we expect from it in FY26? A: We have made significant progress with Geronimo, including a successful contract in Germany. We expect to generate around 3 million in revenue from Geronimo in FY26. The acquisition has allowed us to cross-sell and upsell products, and we are already seeing positive results. - Unidentified_2 Q: Can you provide guidance on EBITDA margin for FY26, given the cost impacts from Ismo Micro and Geronimo? A: Excluding the costs from Ismo Micro and Geronimo, we aim to return to last year's EBITDA margin levels, targeting between 35% to 40%. The costs from these new ventures have temporarily impacted margins, but we expect improvements as they start contributing positively. - Unidentified_2 Q: What is the growth outlook for Frog Data, and how many clients do you currently have? A: Frog Data is targeting a revenue of close to 100 crore next year, with an internal target of 100 crore. We currently have around 800+ clients for Frog Data, with significant room for growth, especially in the US market. - Unidentified_2 Q: What are the expected contributions from Ismo Microsystems, and what is the competitive landscape like? A: We expect Ismo Microsystems to contribute significantly, with a target of 200 crore in revenue over the next three years. Currently, there is no competition in India for our specialized 3D packaging. Internationally, competition exists in countries like Korea, the US, and France, but we focus on high-value niche areas rather than high-volume production. - Unidentified_2 For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
30-05-2025
- Business
- Yahoo
National Grid Renewables to Move Forward as Geronimo Power
Minnesota-based company has deployed nearly 7 GW of power across America's Heartland MINNEAPOLIS, May 30, 2025 /PRNewswire/ -- Following the previously announced acquisition of National Grid Renewables by Brookfield Asset Management ("Brookfield") and its institutional partners, the company will move forward and transact business under the brand name, Geronimo Power ("Geronimo"). "We're honored to rebrand the company in a way that celebrates and recognizes the roots we established under the Geronimo brand back in 2007," said Blake Nixon, President and CEO of Geronimo Power. "We're proud to have earned a reputation for putting landowners and communities first, and we'll carry that legacy forward as Geronimo Power, continuing our commitment to deliver reliable, innovative power solutions to meet growing demand in the US." Since its inception by founder Noel P. Rahn, a rural Minnesota native and landowner, Geronimo Power has become a well-respected business in the renewables industry, known for its dedication to American farmers and rural communities. Geronimo's projects empower landowners with new revenue opportunities, foster sustainable development within local communities, and provide resilient power solutions critical to a future-ready American economy. Geronimo develops and operates vital electric infrastructure projects that deliver dependable domestic energy, while powering American economies and strengthening local economies. From Minnesota down to Texas, the company successfully operates more than 2 gigawatts (GW) of power generation, with another 1 GW under construction and a development portfolio of more than 20 GW. Collectively, its current operating and construction portfolios are poised to provide approximately $840 million in direct economic benefits for American communities over their operating lives. As further commitment to its values, Geronimo also initiates charitable funds for each of its owned and operational large-scale projects. The purpose of these funds is to engage with and contribute money to charitable activities and organizations within project host communities. These charitable funds exemplify the company's pledge to be a good neighbor within their project communities and take direction from local community members themselves. About Geronimo PowerGeronimo Power (formerly National Grid Renewables) develops, owns and operates large-scale power assets throughout America's Heartland, including solar, wind and energy storage. As a farmer-founded and community-focused business, Geronimo Power equips landowners and rural communities with sustainable revenue to ignite local economic growth. To learn more about Geronimo Power, visit or follow the company on LinkedIn. Media InquiriesContact: Emily MorissetteSenior Manager, Marketing & CommunicationsGeronimo Powerpress@ View original content to download multimedia: SOURCE Geronimo Power 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
Daily Mail
23-05-2025
- Entertainment
- Daily Mail
Australian Indie-pop band Sheppard CANCEL their US tour for heartbreaking reason - after selling just 59 tickets to show in Poland
Australian indie-pop band Sheppard have made the shock decision to cancel their upcoming American tour for a heartbreaking reason. The band shared a sad statement to social media on Friday confirming the scheduled concerts would not be going ahead, due to the challenging reality of touring. 'To our beautiful fans, I'm afraid we have some rather upsetting news. We've had to make the incredibly difficult decision to cancel our upcoming US tour,' they began. The Geronimo hitmakers had been performing across Europe earlier this year and were set to bring their shows to the States in June. They revealed a combination of the high touring costs and challenging concert logistics meant it was no longer feasible for them to perform in America, and reassured those who had already bought a ticket they would be refunded. From A-list scandals and red carpet mishaps to exclusive pictures and viral moments, subscribe to the DailyMail's new showbiz newsletter to stay in the loop. 'A combination of sky-high touring costs, ambitious production standards so that we can give you the show you deserve and complex logistics have made this tour impossible,' they wrote. 'We're heartbroken. Being on stage in front of our fans - watching you not just sing but feel every word in our words - is always the greatest experience of our lives. 'Please know this isn't the end. It's just a pause. We're taking time to reset, to rebuild a more sustainable path forward.' Devastated fans took to the comment section to share their sadness over the band's shock decision. 'I was so looking forward to this concert, but it's okay! Next time,' one person wrote. 'Guys, better times will come, you've worked so hard this past year,' a second added. It comes after the band made the shock decision to not cancel their recent concert in Poland, despite selling just 59 tickets to the show. The Brisbane-based band were performing across Europe and had a scheduled performance in Warsaw on April 12 that sold below expectations. However, the band decided the show must go on and played their hearts out to a small yet passionate crowd. They later shared a clip to social media revealing why they made the decision to continue with the performance. '59 people showed up to our show in Poland. We knew we had only sold minimal tickets but also knew the people that would show up would be our biggest fans,' they began. 'We knew that no matter what we had to show up for them. So we got on stage and gave it 100 per cent.' Sheppard formed in 2009 and the current line-up comprises of siblings Amy, Emma and George Sheppard and Jon Butterworth. The band shot to fame in 2014 with the song Geronimo. The track reached number one in Australia and also charted in America and the UK. They have released four studio albums, all of which have made the top ten in Australia. They are still scheduled to perform two shows in Queensland, Australia and will take the stage in Port Douglas on May 24 and Logan Central on May 31.
Washington Post
19-05-2025
- General
- Washington Post
How a Salvadoran prison became a political human zoo
At the 1904 World's Fair in St. Louis, amid pavilions featuring X-ray machines and edible curiosities (including a butter sculpture of President Theodore Roosevelt), there were 'anthropological' displays in which Indigenous people from around the world inhabited elaborate dioramas designed to resemble their native lands. These 'human zoos' — a popular form of entertainment at the time — featured Tehuelches from Patagonia and Mbuti 'pygmies' from the Congo region of Africa, as well as Apache leader Geronimo, who was required to pose for photographs with fairgoers — when he wasn't playing Hunkpapa leader Sitting Bull in daily reenactments of the Battle of Little Big Horn. Among the most notorious of these displays was the Philippine Exposition, a 47-acre exhibit that featured various ethnicities from the United States' newly acquired territory in Southeast Asia. A star attraction was the display of Igorot people from the island of Luzon, presented in a village of thatch huts and identified in the related literature as 'head hunters.' As part of ritual ceremony in their homeland, the Igorot occasionally sacrificed and ate dogs, and the fair's organizers turned this sacred tradition into an attraction, requiring the Igorot to eat up to 20 dogs a week for the benefit of prurient crowds. The spectacle promoted the idea that some races were more 'advanced' and others more 'primitive.' It courted fairgoers with the promise of an exotic encounter that came with a whiff of menace. One image from the exhibit shows White men in suits milling about a group of Igorot men and boys in loincloths who look as though they would rather be anywhere else. A group Igorot men and boys at the 1904 World's Fair in St. Louis. (Jessie Tarbox Beals/Missouri Historical Society) Igorot men kill a dog at the 1904 World's Fair. (Jessie Tarbox Beals/Missouri Historical Society) The demeaning spectacle of the human zoo comes to mind as one U.S. official after another has traveled to El Salvador for photo ops inside the notorious prison known as CECOT (in English, the Terrorism Confinement Center). Opened in 2023 and designed to incarcerate top-level gang members, this maximum-security detention center has become infamous for its austere conditions — partly because Salvadoran President Nayib Bukele loves to share slick social media videos about it that show prisoners being frog-marched to warehouse chambers where they reportedly never see the light of day. In late March, U.S. Homeland Security Secretary Kristi L. Noem (and her $50,000 Rolex) made an appearance at the prison, where she stood before a cell stuffed to the rafters with tattooed inmates on metal bunks to deliver a message to would-be immigrants to the United States: 'If you come to our country illegally, this is one of the consequences you could face.' Less than a month later, she was followed by Republican Rep. Riley Moore of West Virginia, who used the opportunity to throw a double thumbs-up and take selfies in front of a similar cell. Story continues below advertisement Advertisement They are not the first outsiders to use CECOT as a place to manufacture content. Last year, then-Rep. Matt Gaetz (R-Florida) appeared on Bukele's TikTok feed praising the prison as he walked between rows of cells. And social media stars such as Luis Villar Sudek, a Mexican influencer better known as Luisito Comunica, along with Nick Shirley from the United States, have also toured the prison (at least, the parts the Salvadoran government allows them to see). Both posted breathless videos about the facilities — which featured the now-obligatory footage of crowds of men peering stoically from behind bars. Homeland Security Secretary Kristi L. Noem tours CECOT in El Salvador on March 26. (Alex Brandon/AFP/Getty Images) In these videos, the inmates, most of whom have Indigenous features, remain, for the most part, mute — removing their shirts at the command of the wardens to reveal for the cameras the gang tattoos that cover their bodies. 'This group alone, which is behind my back,' Shirley exclaims, as he stands in front of one such cell, 'is very possibly directly or indirectly responsible for more than 200 homicides. What a bloodcurdling piece of information.' Though how exactly Shirley arrived at this information is unclear. Later, as he babbles on about the lack of privacy in the crowded cells, the camera cuts to a man attempting to urinate. The grotesque images that have emerged from CECOT, like the human zoos that preceded it, are about presenting a barely contained savagery, reinforcing the idea that some people don't qualify as fully human. I don't mean to apologize for gang members who have, over the years, held El Salvador in their violent grip — running drugs, extorting business owners and mercilessly killing or kidnapping those who have gotten in their way. Permanently seared into my brain is a 2018 episode of the podcast Radio Ambulante in which a young woman in San Salvador relayed a harrowing tale of being targeted for the color of her hair. In a photo released last year by the press office of El Salvador's president, alleged gang members are held at CECOT. (El Salvador presidential press office/AFP/Getty Images) In a photo released by the press office of El Salvador's president, an alleged gang member deported by the United States kneels down as his hair is cut at CECOT on April 12. (El Salvador presidential press office/Reuters) In this photo provided by El Salvador's presidential press office, a prison guard transfers deportees from the U.S., alleged to be Venezuelan gang members, to CECOT on March 16. (El Salvador presidential press office/AP) But the display of these men — in a prison that flouts international standards of incarceration, under a regime where due process can be more rumor than fact — is not only unseemly. It has turned them into props in a propaganda war that visually conflates undocumented immigration with membership in a criminal organization. In his video, Gaetz states ominously, 'A lot of the people behind me would have found a way to make their way to the United States and harm Americans.' Never mind that the reason many Salvadorans have fled the country has been to evade gangs. Story continues below advertisement Advertisement Noem described the prison as 'one of the tools in our tool kit that we will use if you commit crimes against the American people.' Before her arrival, the U.S. government had sent 238 Venezuelan migrants to CECOT — without due process — alleging they were 'Tren de Aragua terrorists' (a Venezuelan gang), along with almost two dozen Salvadorans it accused of being members of the MS-13 gang. In a post on X, accompanied by a video set to ominous music, Bukele described the detainees as 'murderers and high-profile offenders.' Maryland resident Kilmar Abrego García was deported to CECOT in April, spurring nationwide protests. (Patrick T. Fallon/AFP/Getty Images) Yet, as '60 Minutes' reported in April, the overwhelming majority of the Venezuelans who were shipped to CECOT have 'no apparent criminal convictions or even criminal charges.' And at least one of the Salvadorans — Kilmar Abrego García — has no verifiable connection to a gang; federal officials admit that his deportation was an 'administrative error.' (Abrego García has since been sent to a low-security prison within El Salvador, as the Trump administration continues to defy an order affirmed by the Supreme Court to facilitate his return.) In sending these men to CECOT, then using the prison as a public stage from which to issue public statements about immigration, officials such as Noem and Moore deliver the message that to be undocumented or to seek asylum is to be a criminal — especially if you are a brown man with tattoos. Story continues below advertisement Advertisement And what a stage CECOT is. Inmates share stark concrete cells and sleep on triple-stacked bunks without bedding. Lights are kept on day and night, and there is no outdoor exercise space. The prison's director told the BBC last year that external nongovernmental organizations are not allowed to enter the prison to evaluate conditions, but he insisted that CECOT complies with international standards. An extensive report published by BBC Mundo in 2023, however, calculated that the cells do not meet the minimum floor space requirements as established by the International Committee of the Red Cross. Moreover, the prison violates a number of the standards put forth by the United Nations' Standard Minimum Rules for the Treatment of Prisoners, known as the Nelson Mandela Rules, which require access to daylight, fresh air and a prison library, as well as space for outdoor exercise. In 2023, Spanish media outlet El País described El Salvador's prisons as 'a hell,' and a 2023 report issued by the U.S. State Department describes 'harsh and life-threatening prison conditions.' A prison officer guards a cell at CECOT last month. () In a photo released by the press office of El Salvador's president, guards arrange alleged gang members at CECOT on March 16. (El Salvador presidential) Prisoners look out of their cell at CECOT on April 4. () Bukele has said in the past that CECOT has space for '40,000 terrorists' — namely, high-level gang members who had been running their organizations remotely from other, less-punitive prisons. But there is little transparency about who is housed at CECOT and why, partly because inmates are held incommunicado. Since 2022, Bukele has governed under a 'state of exception' that has suspended basic rights such as freedom of assembly and has undermined due process. Along with gang members, plenty of innocent people are imprisoned on the flimsiest of allegations — and they remain in prison until their cases are heard. Human Rights Watch estimates that 1.7 percent of the Salvadoran population is incarcerated. The State Department's travel advisory regarding El Salvador, updated last month, notes that 'tens of thousands of people are currently in prison under the State of Exception,' including 'several U.S. and other foreign citizens' who 'have yet to face trial.' Story continues below advertisement Advertisement Worse yet: The Salvadoran government has negotiated with gangs to tamp down the violence, allegedly offering 'financial incentives,' as well as prison privileges to jailed gang leaders that include cellphones and visits from prostitutes. In 2021, the U.S. government sanctioned two Salvadoran officials for their roles in such negotiations, which included requests to have gang leaders back Bukele's political party. This month, the Salvadoran news outlet El Faro published eye-popping interviews with two high-ranking leaders associated with the Barrio 18 gang, who described coercing the inhabitants of their territories into voting for Bukele. One gang member, who goes by 'Liro,' told the cameras: 'From the gang, it became obligatory to say, 'You're going to tell your mother, you're going to tell your uncle, you're going to tell your nephew, you're going to tell your grandmother, you are going to tell your wife, and your wife's family, to vote for Nayib. If you don't do it, we'll kill them.'' President Donald Trump greets President Nayib Bukele of El Salvador at the White House on April 14. (Al Drago/For The Washington Post) The allegations, if true, transform CECOT into a bit of a fiction. Bukele has held up the prison as evidence of how he has cracked down on gang violence and made El Salvador safer. But an election pact with gang leaders would suggest that the president has simply weaponized gang violence to his benefit. The degrading display of the tattooed men in cages is therefore a show — for the benefit of his supporters and an international right wing enamored of his theatrical displays of mano dura (hard hand) policies. It's perhaps no coincidence that many of the available images of CECOT are supplied by the Salvadoran government itself. And this raises the question: Who are the prisoners who don't get trotted out before the cameras? In what conditions do they languish? Inside CECOT, as in the human zoos of old, the display takes fragments of the truth, then twists and sensationalizes them to transform reality into something brutish, inhuman and extreme — all for entertainment on TikTok.
