IRR

Noreco Takes FID on Two Halfdan Infill Wells to Increase Gas Production From 2023

Retrieved on: 
Friday, December 2, 2022

The two wells will be drilled at the Tor reservoir in the Halfdan North East area, located in the central part of the Danish North Sea.

Key Points: 
  • The two wells will be drilled at the Tor reservoir in the Halfdan North East area, located in the central part of the Danish North Sea.
  • Both the wells are expected to increase gas production from the Halfdan field, with plateau production expected during autumn 2023.
  • The first well alone is expected to have an initial production rate of 3 mboe/day net to Noreco where approximately 75% is gas.
  • The expected gain from the infill wells is approximately 2.9mmboe net to Noreco, of which c. 50% is gas.

Clairvest Sells Interest in DTG Enterprises Holdings, Inc.

Retrieved on: 
Thursday, December 1, 2022

TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) (CVG), today announced that it, a partnership managed by it, Clairvest Equity Partners V (CEP V, collectively Clairvest) and the shareholders of DTG Enterprises Holdings, Inc. (DTG or the Company) have completed a recapitalization of DTG.

Key Points: 
  • TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) (CVG), today announced that it, a partnership managed by it, Clairvest Equity Partners V (CEP V, collectively Clairvest) and the shareholders of DTG Enterprises Holdings, Inc. (DTG or the Company) have completed a recapitalization of DTG.
  • As part of the transaction, Clairvest has sold its equity interests in DTG to a fund managed by Macquarie Asset Management (MAM).
  • In January 2020, Clairvest partnered with Founder & President Dan Guimont and CEO Tom Vaughn to embark on an aggressive growth plan.
  • Clairvest invests its own capital and that of third parties through the Clairvest Equity Partners limited partnerships in owner-led businesses.

Denison Announces Completion of Wheeler River EIS Conformity Review and Commencement of Technical Review

Retrieved on: 
Tuesday, November 29, 2022

Denison isalsopleased to report that the federal technical review of the EIS, which is being completed under the provisions of the Canadian Environmental Assessment Act, 2012 ("CEAA 2012"), has now commenced.

Key Points: 
  • Denison isalsopleased to report that the federal technical review of the EIS, which is being completed under the provisions of the Canadian Environmental Assessment Act, 2012 ("CEAA 2012"), has now commenced.
  • The technical review process ensures the EIS (and supporting documents) containscomplete and sufficient information and that Denison's analysis of potential effects is performed correctly.
  • The regulatory review process is expected to involve further requests for information/clarification from Denison before the final EIS is accepted by the regulatory agencies.
  • Denison has an effective 95% ownership interest in Wheeler River (90% directly, and 5% indirectly through a 50% ownership in JCU).

EQS-News: Golding Capital Partners GmbH: Golding raises €75 million at the first closing of its début private debt co-investment fund

Retrieved on: 
Sunday, November 27, 2022

Munich, 15th November 2022 Golding Capital Partners has received capital commitments of 75 million at the first closing of its inaugural dedicated co-investment fund in the private credit asset class.

Key Points: 
  • Munich, 15th November 2022 Golding Capital Partners has received capital commitments of 75 million at the first closing of its inaugural dedicated co-investment fund in the private credit asset class.
  • Experienced existing investors seized the opportunity offered by the initial fundraising phase to subscribe for Golding Private Debt Co-Investment 2021, which has a target volume of 200 million.
  • Golding Private Debt Co-Investment 2021 gives institutional investors access to the breadth of the European direct lending market.
  • The fund Golding Private Debt Co-Investment 2021 is structured as a Luxembourg SCS SICAV-FIAR and has a lifetime of eight years.

EnviroGold Global Files Patent for Efficient Process to Unlock Precious and Strategic Metals in Refractory Ores and Eliminate Environmentally Hazardous Waste

Retrieved on: 
Wednesday, November 16, 2022

Refractory ores will also be of growing importance in the recovery of strategic and critical metals such as copper, lead, and zinc.

Key Points: 
  • Refractory ores will also be of growing importance in the recovery of strategic and critical metals such as copper, lead, and zinc.
  • Other processes used to recover metals in refractory ores utilize high heat (roasting), high pressure, long acid residency times, ultrafine grinding, or expensive, specialized equipment.
  • Moreover, the waste generated from pyritic ores is potentially acid-forming and represents environmental liabilities both for companies balance sheets and for communities.
  • The Company expects to commence production of precious metals (gold and silver), clean energy metals and battery metals (copper, lead, zinc) at its Australia project in 2023.

AcreTrader’s Latest Farmland Disposition Exceeds Projected Returns

Retrieved on: 
Wednesday, November 16, 2022

AcreTrader received multiple unsolicited offers for the farm, accepting the latest and most competitive offer from a local individual buyer.

Key Points: 
  • AcreTrader received multiple unsolicited offers for the farm, accepting the latest and most competitive offer from a local individual buyer.
  • This exit comes on the heels of four previous fully completed investments in the past year with higher-than-expected returns attributing farmland appreciation as the largest driver.
  • Together, AcreTraders five total dispositions to date have returned a weighted average IRR of 14.1%.
  • Its encouraging to see continued growth in land values drive farmland performance for investors, especially in our current inflationary environment.

AIR Communities Announces Sale of its New England Multi-Family Portfolio

Retrieved on: 
Monday, November 21, 2022

Apartment Income REIT Corp. ("AIR") (NYSE: AIRC) announced today the sale last week of its New England portfolio of six communities with 1,314 apartment units for $500 million.

Key Points: 
  • Apartment Income REIT Corp. ("AIR") (NYSE: AIRC) announced today the sale last week of its New England portfolio of six communities with 1,314 apartment units for $500 million.
  • We expect additional acquisitions to increase the Acquisition Portfolio (properties new to the AIR platform) from 17% of GAV to 30%.
  • AIR is one of the countrys largest owners and operators of apartments, with 74 communities in 11 states and the District of Columbia.
  • AIR common shares are traded on the New York Stock Exchange under the ticker symbol AIRC and are included in the S&P 400.

Aimco Files Investor Presentation Highlighting Successful Execution of Value-Add Strategy Under Leadership of New Board of Directors and Management Team

Retrieved on: 
Monday, November 21, 2022

The presentation is available on the investor relations section of the Companys website.

Key Points: 
  • The presentation is available on the investor relations section of the Companys website.
  • Alongside an all-new executive management team, the Board has overseen the development and successful execution of Aimcos clearly defined value creation strategy following the spin-off of Apartment Income REIT Corp. (AIR) in December 2020.
  • The New Aimco Board is also overseeing the evaluation of a broad range of options to enhance stockholder value.
  • Aimco believes the claims made by Land & Buildings are largely baseless and about the predecessor company with an entirely different leadership team and a substantially different board.

ISEE, the first company to achieve fully-autonomous operations with their self-driving yard trucks, raises $40 million in Series B.

Retrieved on: 
Thursday, November 17, 2022

This brings ISEEs total funding to $70 million since the company was spun out of MIT in 2017.

Key Points: 
  • This brings ISEEs total funding to $70 million since the company was spun out of MIT in 2017.
  • The first and only company to achieve fully-autonomous operations in the logistics yard space.
  • With more than 10,000 completed self-driving trailer moves at customer sites, ISEE is the first and only company to achieve fully-autonomous operations in the logistics yard space.
  • With ISEEs self-driving yard trucks, logistics yard operators can gain predictability in a supply chain world that is anything but.

Revere Partners Commits $10M in Investments to Revolutionize Fintech in Dentistry

Retrieved on: 
Wednesday, November 16, 2022

All of these investments from Revere were completed in 2021-2022, with more investments in fintech closing in Q4 2022, and several more in the category expected in 2023.

Key Points: 
  • All of these investments from Revere were completed in 2021-2022, with more investments in fintech closing in Q4 2022, and several more in the category expected in 2023.
  • Revere Partners investments across these dental fintech sectors bring more affordability, transparency, and interoperability to the entire industry across dental offices, consumer products, providers, and patients.
  • All of these investments have the potential to make a lasting impact across the entire dental ecosystem, said Dr. Jeremy Krell, Revere Partners co-founder and managing partner.
  • Revere Partners is committed to inclusive partnerships with underserved businesses in the healthcare sector, including but not limited to, women-, minority- and LBGTQ+-owned enterprises.