Mainspring Energy Expands Operations to Texas with Agreement to Deploy Linear Generators at Five Lineage Facilities
Lineage, Inc. (LINE)
Company Research
Source: PR Newswire
MENLO PARK, Calif., Sept. 18, 2024 /PRNewswire/ -- Onsite power generation provider Mainspring Energy Inc. today announced that its customer Lineage (NASDAQ: LINE), the world's largest temperature-controlled warehouse REIT, has signed an agreement to deploy 33 Mainspring Linear Generators in the state of Texas at five Lineage facilities. The products are scheduled to be installed and operating in 2025."We have deployed world leading innovations together and we are looking forward to expanding this success into Texas."Lineage has pioneered the use of linear generators for onsite power independence, sustainability, and cost control, with multiple deployments at its facilities in California and several Northeast U.S. states to date. In late 2021 Lineage announced its first cold storage facility to produce 100% of its energy consumption on-site, using rooftop solar and Mainspring Linear Generators. This latest agreement marks the first deployment of Mainspring's innovative energy technolo
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News
- Lineage, Inc. (NASDAQ: LINE) is now covered by analysts at Capital One Financial Co.. They set an "overweight" rating and a $91.00 price target on the stock.MarketBeat
- Lineage, Inc. (NASDAQ: LINE) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $105.00 to $104.00. They now have a "buy" rating on the stock.MarketBeat
- Lineage, Inc. Declares Initial DividendBusiness Wire
- Lineage Announces a Grand Prize of $50,000 for the Food Chain Innovation ChallengeBusiness Wire
- Lineage, Inc. (NASDAQ: LINE) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $94.00 price target on the stock.MarketBeat
LINE
Sec Filings
- 8/27/24 - Form 4
- 8/27/24 - Form 4
- 8/27/24 - Form 4
- LINE's page on the SEC website