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Stocks in Focus - Tesla Motors Inc (NASDAQ:TSLA), Pembina Pipeline Corp (NYSE:PBA), ForceField Energy Inc (NASDAQ:FNRG)

Stocks in Focus - Tesla Motors Inc (NASDAQ:TSLA), Pembina Pipeline Corp (NYSE:PBA), ForceField Energy Inc (NASDAQ:FNRG)
Written by
Joel Najarian
Published on
October 10, 2014
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Tesla Motors Inc (NASDAQ:TSLA) has unveiled its "D" model, a higher tech version of its Model S car. According to information posted on Tesla's Twitter feed, every new Model S will be autopilot enabled. The company unveiled its Dual Motor launches, the 60D & 85D with all wheel traction, and the P85D, characterized as, "the fastest accelerating production 4-door car ever." Shares of Tesla Motors Inc (NASDAQ:TSLA) are trading within a 52-week range of $116.10 - $291.42.Pembina Pipeline Corp (NYSE:PBA) has entered into commercial agreements to proceed with a $170 million expansion of its recently completed Resthaven Facility, a 200 million cubic feet per day gas processing facility in Alberta. Pembina Pipeline Corp (NYSE:PBA) will also build, own and operate a new gas gathering pipeline that will deliver gas into the Resthaven facility.The Resthaven Expansion is underpinned by a long-term, fee-for-service contract with Mosaic Energy. The gas processing expansion component of the project is expected to cost approximately $105 million while the pipeline will cost $65 million. If all the partners in the existing Resthaven Facility participate in the project, Pembina's capital for the plant will decrease to $75 million and its incremental expansion capacity will be 69 MMcf/d. The pipeline is expected to be in-service by Q2 2015, followed by the gas processing expansion in mid-2016. With the additional new volumes at the Resthaven Facility, Pembina has also signed a long-term contract with Mosaic for Phase III pipeline capacity and fractionation capacity at its Redwater fractionation and storage facility. "This is an exciting opportunity given the attractive regional geology, including the Montney, Wilrich and other cretaceous reserve potential," said Stuart Taylor, Pembina's Senior Vice President, NGL and Natural Gas Facilities. Shares of PBA, PPL.TO are at $39.58 within a 52-week range of $31.40 - $48.89.ForceField Energy Inc (NASDAQ:FNRG), a designer, seller and distributor of energy products and solutions, said it has signed an LED lighting agreement with the municipality of Uruapan, Mexico. The shared savings agreement is expected to generate $8.4 million in revenue for the company over a ten year period for the supply and installation of over 15,000 LED streetlights for all municipal roads and highways in Uruapan.The LED lighting upgrade project will feature a wide array of state of the art LED fixtures, including more than 15,000 LED street lights. Installation is anticipated to commence by the end of 2014 and conclude by Q3 2015. FNRG will require financing to fulfill this contract and anticipates utilizing financing programs available from the Mexican government. Additionally Uruapan will provide significant assistance in obtaining this project financing due to its strong credit rating within Mexico. ForceField Energy Inc (NASDAQ:FNRG) shares closed at $6.29, with a 52-week range of $4.44 - $6.98.

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