PEC Construction Management contracted to provide Owner’s Representative, Construction Management Services to the Cider Solar Farm Project in Genesee County, NY

STOCKTON, Mo., March 31, 2025 /PRNewswire/ — Hecate Energy has selected PEC Construction Management (“PEC”) to provide on-site construction representation services for Cider Solar Farm, the largest solar energy project in the State of New York.

Upon completion, the 674 MWdc, 500 MWac utility-scale solar project will generate enough clean energy to power over 120,000 New York homes, create hundreds of jobs in Genesee County, and contribute approximately $28.1 million in construction labor wages while creating employment opportunities for those in various local industries and trades.

Construction has commenced and PEC has begun mobilizing to the project site, where its team of best-in-class professionals will provide Hecate Energy on-site construction oversight, monitoring risk, and mitigation services throughout the build.  

“We are honored to have been chosen by leading developer Hecate Energy to oversee the construction of this monumental project in support of New York’s renewable energy goals. Our dispatched team that specializes in various disciplines including HV/MV electrical, transmission, substation, civil and mechanical, is dedicated to setting a high standard of compliance that may serve as a model for similar projects throughout the state to follow,” said Eddie Pease, PEC Construction Management’s Founder and Principal.

“We are delighted to partner with PEC, who brings significant experience in representing developers throughout the construction of large, challenging renewable energy projects such as Cider Solar Farm, with a primary function to ensure the project remains safe, compliant, and on target and in line with Hecate’s and its finance partner’s high standards,” said Fazli Qadir, Hecate Energy Chief Technology Officer and Executive Vice President of Engineering, Procurement, and Construction.

About PEC Construction Management

PEC Construction Management is a premium, on-site, Construction Management and Project Management solution provider with decades of experience constructing large solar, wind, energy storage and transmission infrastructure systems.

Our mission is to mitigate risk for our clients’ by ensuring their renewable energy construction projects achieve commercial operation safely while meeting or exceeding expectations, budgets and timelines.

For more information, visit: www.pec-cm.com

Contact: Brent O’Connor | boconnor@pec-cm.com | +1 647-707-2577

About Hecate Energy

Hecate Energy was founded in 2012 by a team of energy industry veterans and has successfully developed 4.7 GWs of projects to construction or operations. Hecate believes in establishing beneficial, sustainable, and collaborative partnerships with the host communities where its projects are located and tailors each renewable energy project it develops to better meet the needs of project stakeholders.

Hecate Energy has entered over 6 GWac of renewable power purchase agreements (PPAs) across 55 PPAs with 24 counterparties as well as projects that are selling through merchant markets. Projects that Hecate has developed and that are constructed or are under construction include over 4.6 GWac of solar and wind projects and 0.1 GWac of battery storage projects representing over $6 billion of clean energy investments. Hecate has an active development pipeline of over 50.8 GW of renewable projects. www.hecateenergy.com

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SOURCE PEC Construction Management, LLC

DHL to acquire 100% of CRYOPDP, a leading specialty courier providing logistics services for clinical trials, biopharma, and cell & gene therapies. This acquisition enhances DHL’s capabilities in specialty pharma logistics and supports Group’s 2030 strategy to become a leader in life science and healthcare logistics.DHL and Cryoport form strategic partnership to strengthen their respective supply chain services offerings for the global life sciences and healthcare sector.

BONN, Germany and NASHVILLE, Tenn., March 31, 2025 /PRNewswire/ — DHL Group (“DHL”), the world’s leading logistics provider, and Cryoport, Inc. (NASDAQ: CYRX) (“Cryoport”), a global provider of supply chain solutions for the life sciences sector, are pleased to announce that DHL has acquired 100% of CRYOPDP, a leading specialty courier focused on clinical trials, biopharma, and cell and gene therapies. In this context, the companies also announced a strategic partnership to strengthen their supply chain service offerings for the global life sciences and healthcare sector.

DHL Group already has an established Life Sciences and Healthcare business, contributing over EUR 5 billion in global revenue in 2024. Building on this foundation, the acquisition of CRYOPDP marks a significant step in DHL’s commitment to enhancing its capabilities in specialized pharma logistics and expanding the breadth of its offering in the rapidly growing life science and healthcare sector. CRYOPDP specializes in providing white-glove courier services essential to the sectors it serves. With operations in 15 countries, CRYOPDP handles over 600,000 shipments per year, servicing customers and patients in over 135 countries worldwide.

Going forward, DHL Supply Chain will further build the potential of its Pharma Specialized Network solution by leveraging the specialty courier expertise of newly acquired CRYOPDP and the global air capabilities of DHL Express and DHL Global Forwarding.

The strategic partnership with Cryoport will bring together DHL’s global health logistics capabilities with Cryoport’s industry-leading expertise in providing specialized solutions in a fast growing life science and healthcare market segment. It also deepens DHL’s relationship with all the Cryoport business units with respect to specialized pharma.

Oscar de Bok, CEO of DHL Supply Chain, stated, “The acquisition of CRYOPDP is a pivotal move for our supply chain business as we aim to expand our Pharma Specialized Network to meet the evolving needs of clinical trials, biopharma and cell & gene therapies, in addition to further increasing our footprint in the conventional pharma and life science healthcare segment. The acquisition of CRYOPDP and the extended partnership with Cryoport Inc. will enable us to deliver integrated end-to-end solutions, enhancing our service capabilities .”

Jerrell Shelton, CEO of Cryoport, commented “We are indeed pleased to build on our trusted relationship with the DHL Group. Working together we will bring an enhanced set of supply chain solutions to meet companies’ and patients’ critical supply chain needs. This strategic partnership taps into the strong expertise of DHL’s Supply Chain and CRYOPDP, presenting a substantial opportunity for Cryoport to further expand its reach to global growth markets such as Asia Pacific (APAC) and Europe, Middle East and Africa (EMEA).”

The acquisition aligns with DHL Group’s Strategy 2030, which emphasizes the importance of temperature-controlled networks, first and last mile specialty courier coverage and integrated solutions. CRYOPDP’s capabilities will be instrumental in achieving these objectives and help position DHL as a leader in providing comprehensive solutions for the pharma industry. This strategic move is also expected to yield cost savings and improve overall service levels, especially leveraging DHL Express and DHL Global Forwarding air capabilities, ultimately enhancing DHL’s footprint in the high-value advanced pharma sector.

For Cryoport, the partnership with DHL will enable it to better execute its business in EMEA and APAC with a stronger focus on its core business in these regions, creating even greater opportunities to offer highly targeted, top-tier services in answering market demand for its services and products.  

The deal and the outlined partnership are subject to regulatory approvals.

On the internet: group.dhl.com/press
Follow us at: twitter.com/DHLglobal

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 395,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of DHL Group. The Group generated revenues of more than 81.8 billion euros in 2023. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.

About Cryoport, Inc.

Cryoport, Inc. (Nasdaq: CYRX), is a global leader in supply chain solutions for the Life Sciences with an emphasis on cell & gene therapies. Cryoport enables manufacturers, contract manufacturers (CDMOs), contract research organizations (CROs), developers, and researchers to carry out their respective business with products and services that are designed to derisk services and provide certainty. We provide a broad array of supply chain solutions for the life sciences industry. Through our platform of critical products and solutions including advanced temperature-controlled packaging, informatics, specialized bio-logistics services, bio-storage, bio-services, and cryogenic systems, we are “Enabling the Future of Medicine™” worldwide, through our innovative systems, compliant procedures, and agile approach to superior supply chain management.

Our corporate headquarters, located in Nashville, Tennessee, is complemented by over 50 global locations in 17 countries, with key sites in the United States, United Kingdom, France, the Netherlands, Belgium, Portugal, Germany, Japan, Australia, India, and China.

For more information, visit www.cryoportinc.com or follow via LinkedIn at https://www.linkedin.com/company/cryoportinc or @cryoport on X, formerly known as Twitter at www.twitter.com/cryoport for live updates.

Forward-Looking Statements

Statements in this press release which are not purely historical, including statements regarding Cryoport’s intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, those related to Cryoport’s expectations about future benefits of the sale of CRYOPDP and the strategic collaboration with DHL, including the potential impact on future revenue and revenue streams.  It is important to note that Cryoport’s actual results could differ materially from those in any such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, risks and uncertainties associated with the effect of changing economic and geopolitical conditions, supply chain constraints, inflationary pressures, the effects of foreign currency fluctuations, trends in the products markets, variations in Cryoport’s cash flow, market acceptance risks, and technical development risks. Cryoport’s business could be affected by other factors discussed in Cryoport’s SEC reports, including in the “Risk Factors” section of its most recently filed periodic reports on Form 10-K and Form 10-Q, as well as in its subsequent filings with the SEC. The forward-looking statements contained in this press release speak only as of the date hereof and Cryoport cautions investors not to place undue reliance on these forward-looking statements. Except as required by law, Cryoport disclaims any obligation, and does not undertake to update or revise any forward-looking statements in this press release.

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SOURCE Cryoport, Inc.

CobbleStone Software recognizes state and local governments’ challenges and is committed to providing contract lifecycle management and eProcurement solutions while easing the burden of federal budget cuts.

PRINCETON, N.J., March 31, 2025 /PRNewswire-PRWeb/ — CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ Report – is stepping forward with discounts, incentives, and cooperatives to support state and local governments facing increasing federal budget cuts. With its robust CobbleStone CLM platform, CobbleStone aims to provide essential tools and resources to help these entities optimize their contract management processes, streamline operations, and maximize available resources.

As federal budgets tighten, state and local governments are tasked with maintaining critical services with reduced funding. This challenging landscape necessitates efficient and effective resource management, where CobbleStone CLM can play a pivotal role.

CobbleStone CLM offers a comprehensive suite of features tailored to the unique needs of government agencies, including:

> 𝐂𝐞𝐧𝐭𝐫𝐚𝐥𝐢𝐳𝐞𝐝 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭 𝐑𝐞𝐩𝐨𝐬𝐢𝐭𝐨𝐫𝐲: Securely store and manage all contracts in one centralized location, ensuring easy access and improved organization.

> 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐖𝐨𝐫𝐤𝐟𝐥𝐨𝐰𝐬: Streamline contract creation, approval, and execution processes, reducing manual effort and minimizing errors.

> 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: Ensure adherence to regulatory requirements and mitigate risks with built-in compliance tracking and reporting tools.

> 𝐁𝐮𝐝𝐠𝐞𝐭 𝐓𝐫𝐚𝐜𝐤𝐢𝐧𝐠 𝐚𝐧𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠: Monitor contract spending and generate detailed reports to optimize budget allocation and identify cost-saving opportunities.

> 𝐕𝐞𝐧𝐝𝐨𝐫 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: Efficiently manage vendor relationships, track performance, and ensure compliance with contractual obligations.

> 𝐄-𝐏𝐫𝐨𝐜𝐮𝐫𝐞𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐄-𝐒𝐨𝐮𝐫𝐜𝐢𝐧𝐠 𝐭𝐨𝐨𝐥𝐬: Streamline the procurement process and make sure governments are getting the best value for their money.

By implementing CobbleStone CLM, state and local governments can:

> Reduce administrative overhead and operational costs.

> Improve contract visibility and accountability.

> Enhance compliance and minimize risks.

> Optimize resource allocation and budget management.

> Increase efficiency and collaboration across departments.

CobbleStone Software is committed to supporting public sector organizations in their efforts to deliver essential services efficiently and effectively. The company offers tailored solutions, comprehensive training, and dedicated support to ensure successful CLM implementation and ongoing success.

Click here to learn more about CobbleStone’s discounts, incentives, and cooperatives for state and local governments.

“We understand the immense pressure state and local governments are under to deliver essential services with limited budgets,” said Bradford Jones, VP of Sales & Marketing at CobbleStone Software.

“Our CobbleStone CLM platform is designed to help these entities achieve operational excellence, reduce costs, and improve transparency, enabling them to navigate these financial challenges effectively.”

Contact CobbleStone Software for a free demo.

For more information, email Sales@CobbleStoneSoftware.com or call 866-330-0056.

About CobbleStone Software:

CobbleStone Software is a celebrated leader in contract management software solutions whose flagship CLM software solution – CobbleStone Contract Insight – expedites contract management, vendor management, eProcurement, and eSourcing processes while offering seamless integrations, ease-of-use, and high scalability. CobbleStone’s contract lifecycle management solutions provide simplified contract and vendor tracking, highly configurable email alerts, user-friendly calendar notifications, intelligent contract workflow automation, highly robust security options, streamlined authoring of contract templates with dynamic clauses, centralized revenue/cost management, detailed text indexing and searching, future-minded vendor/client ratings, robust document version control, custom contract management reports, speedy IntelliSign® electronic signatures, more intelligent contracts with VISDOM® artificial intelligence and machine learning, and more.

Follow CobbleStone Software on social media:
> LinkedIn
> X
> Facebook
> YouTube

To stay up to date on contract lifecycle management industry trends and news, subscribe to CobbleStone’s Contract Insights blog.

Media Contact

Sean Heck, CobbleStone Software, 866-330-0056, Marketing@CobbleStoneSoftware.com, https://www.cobblestonesoftware.com/ 

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SOURCE CobbleStone Software