Energy Vault faces delisting from the NYSE

Westlake Village-based Energy Vault, a global energy storage company, received a notice from the New York Stock Exchange on April 16 that the company is not in compliance with NYSE’s continued listing standards. This is because the average closing price of Energy Vault’s common stock was less than $1 over a consecutive 30-trading-day period. Shares Read More →

Occuspace raises $6M to expand capabilities

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Limoneira completes $1.7M water pumping rights transactions

Santa Paula-based lemon grower Limoneira announced Jan. 23 the successful completion of three water pumping rights transactions in the Santa Paula Basin totaling $1.7 million. The sales, which valued the water pumping rights at $30,000 per acre-foot, underscore the increasing value of water resources in the region and validate the company’s long-term strategy of optimizing Read More →

Wayside Energy wins $200K grant for battery energy solution
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Paso Robles-based Pearce Services acquires Unified Power

Paso Robles-based Pearce Services will become one of the largest independent service providers for power continuity solutions in the United States after announcing it has acquired Unified Power on Dec. 18. “The acquisition of Unified Power marks a significant milestone in our company’s history,” Michelle Edler, CEO of Pearce Services, said in a press release. Read More →
Suit dismissed accusing Edison of starting Mountain Fire

A class action lawsuit alleging that Southern California Edison’s equipment sparked the recent Mountain Fire in Ventura County has been dismissed, according to the utility and the law firm which filed it. “We have confirmed that this complaint has been dismissed,” Edison said in a Nov. 19 letter to the California Public Utilities Commission. The Read More →