Kenexa Corp. (Nasdaq:KNXA) announced the pricing of its underwritten public offering of 3,000,000 shares of its common stock at $27.75 per share. Kenexa expects to receive net proceeds of approximately $78.7 million after deducting underwriting discounts and commissions and estimated offering expenses that are payable by Kenexa. In addition, Kenexa granted the underwriters a 30-day option to purchase up to 450,000 additional shares solely to cover over-allotments, if any. The offering is expected to close on May 25, 2011, subject to customary closing conditions.
Kenexa Corporation and its subsidiaries provide software, proprietary content, and services that enable organizations to recruit and retain employees. The company offers hiring solutions and retention solutions.
Cleantech Transit Inc (CLNO)
Cleantech Transit Inc. is in the business of producing and conserving power. It produces and sells clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind.
Biomass energy is energy which is created from waste products. Biomass energy is a renewable energy. Renewable energies are fuelled by naturally occurring sources and they won’t run out, unlike fossil fuels. Renewable energy, such as biomass energy, is also better for the environment than fossil fuel energies.
Biomass energy is ideal for businesses which create a waste product, but it can also be suitable for domestic purposes as well. If you are looking for an alternative fuel to fossil fuels for your home, biomass energy is worth considering.
Biomass materials largely fall into the categories of “woody” or “non-woody”. Wood materials may be forest products, quick-growing trees and untreated wood products. Non-wood materials include animal waste and products from food processing such as rape and maize.
Domestic users of biomass energy usually use wood chips and pellets. Homes can use biomass to heat their property using either a stove or a boiler. Stoves can heat single rooms and water and can be filled with logs or pellets.
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).
Cleantech Transit Inc. recently announced that the previously announced 500 KW biomass gasification facility located in Merced, California has successfully passed its interconnection tests and is now connected to the utility distribution grid.
The gasification technology uses a non-combustion process to convert Ag and other woody residues into a hydrogen rich gas (”syngas”), which is then converted into electricity, along with heat and biochar (a useful byproduct that captures carbon in solid form and can be used as a soil amendment).
The Phoenix Energy technology used in Merced essentially cooks the biomass in an oxygen-deprived environment to release the elemental gasses from the wood. In the process biomass is converted into a carbon rich biochar. With the carbon fixed in solid form this process not only provides a valuable soil amendment but also serves as a source of carbon sequestration.
The Merced plant is expected to produce enough electricity to power about 400 homes. The plant connected to the electricity grid under California’s feed-in-tariff with a 15-year power purchase agreement.
For more information about CLNO, visit www.cleantechtransitinc.com
Telvent Git S.A. (Nasdaq:TLVT) announced that it has been selected to install the power control system along the Vigo-Santiago de Compostela-Corunya line, operated by the Spanish infrastructure administrator, Adif. Telvent will develop, install and share maintenance of its energy telecontrol system for the rail line. The installation is scheduled to be completed in 2012.
Telvent GIT, S.A., through its subsidiaries, provides IT solutions and information services for customers in the infrastructure markets primarily in Europe, North America, Latin America, the Asia-Pacific region, the Middle-East, and Africa.
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