Welcome to our dedicated page for Stem news (Ticker: STEM), a resource for investors and traders seeking the latest updates and insights on Stem stock.
Stem Inc (NYSE: STEM) delivers intelligent energy storage solutions through its industry-leading Athena software platform. This news hub provides investors and industry stakeholders with essential updates on the company's technological advancements, financial milestones, and market positioning within the renewable energy sector.
Access authoritative reporting on STEM's innovations in predictive energy analytics, grid optimization partnerships, and commercial deployments. Our curated news collection features earnings announcements, strategic collaborations, and product updates that demonstrate the company's leadership in merging big data with clean energy infrastructure.
Key focus areas include energy storage system deployments, Athena software enhancements, and regulatory developments impacting smart grid technologies. Bookmark this page for real-time updates on how STEM continues to optimize energy consumption patterns for commercial enterprises while advancing grid modernization initiatives.
Stem, Inc. (NYSE: STEM), a leader in AI-driven clean energy solutions, will hold a conference call on May 4, 2023, at 5:00 p.m. Eastern Time to discuss its financial results for the quarter ending March 31, 2023. A press release will precede the call at approximately 4:05 p.m.. Investors can access the call via a live webcast at this link or by phone at (855) 327-6837 for U.S. callers and (631) 891-4304 for international participants. A replay will be available shortly after the call until June 4, 2023, accessible by dialing (844) 512-2921. Stem’s software platform Athena® enhances the value of clean energy assets, facilitating optimized management and improved returns for energy projects.
Stem, Inc. (NYSE: STEM) announced the pricing of $200 million in 4.25% Green Convertible Senior Notes due 2030, an increase from the original $175 million offering. The notes will be sold to qualified institutional buyers, with a potential additional $40 million option for initial purchasers. Settlement is anticipated on April 3, 2023. The notes will convert based on an initial rate of 140.3066 shares per $1,000 of notes at a price of approximately $7.13 per share. Stem plans to use about $99.8 million of the proceeds to cancel existing 2028 notes and allocate funds toward Eligible Green Expenditures.
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