IRR

Spring Capital Successfully Exits Investment in Catenda, a Leader in Construction Project Software

Retrieved on: 
Friday, March 15, 2024
Software, Networks, Professional Services, Hardware, Electronic Design Automation, Data Management, Technology, Other Construction & Property, Other Manufacturing, Construction & Property, Finance, Other Technology, Manufacturing, Construction, Private equity, Partnership, SINTEF, Sale, GRO, Capital, CDE, Polaris, IRR, BIM, Dependent and independent variables, Security (finance)

As the lead investor, Spring Capital has sold all its shares in the transaction on a high IRR for itself and co-investors.

Key Points: 
  • As the lead investor, Spring Capital has sold all its shares in the transaction on a high IRR for itself and co-investors.
  • Founded in 2009 as a spin-off from SINTEF, Catenda is a leader in Building Information Management (BIM) & Common Data Environment (CDE) software.
  • Since Spring Capital’s investment through its Scandinavian investment entity Polaris, Catenda has grown significantly, becoming a trusted partner for construction companies and municipalities seeking innovative solutions for large-scale projects.
  • Construction companies across Europe and Japan have widely adopted the company's software, seeking to streamline operations and improve project outcomes.

FiscalNote Announces Fourth Quarter and Full Year 2023 Financial Results; Exceeds Adjusted EBITDA Expectations

Retrieved on: 
Tuesday, March 12, 2024
Professional Services, Data Management, Security, Data Analytics, Technology, Software, Artificial Intelligence, Slate, Software as a service, ARR, Disclosure, LLM, Ernst & Young, Investment, European Parliament, Microsoft, SIAS, Committee, Partnership, Policy, Bell, IRR, Centerview Partners, Microsoft Bing, Organization, Intelligence, Acquisition, AI, Adjustment, Credit, European, GAAP, Public sector, ChatGPT, Government, OpenAI, Growth, FiscalNote, Ratio, Peraton, API, Patent

The Company’s financial results demonstrate FiscalNote’s strong fundamentals including revenue growth of 17% year-over-year in 2023, high gross margins, a diversified blue chip customer base and positive adjusted EBITDA of approximately $3 million(1) in the fourth quarter of 2023.

Key Points: 
  • The Company’s financial results demonstrate FiscalNote’s strong fundamentals including revenue growth of 17% year-over-year in 2023, high gross margins, a diversified blue chip customer base and positive adjusted EBITDA of approximately $3 million(1) in the fourth quarter of 2023.
  • This compares to revenue of $31.4 million and non-GAAP adjusted revenue of $31.5(1) million in the fourth quarter of 2022.
  • Adjusted EBITDA of $3.0 million(1), above the Company’s guidance range announced in November 2023 of approximately $2.5 million.
  • This is an increase of 157% or $8.2 million year-over-year compared to an adjusted EBITDA loss of $5.2 million(1) in the fourth quarter of 2022.

Vista Gold Corp. Announces Updated Feasibility Study for the Mt Todd Gold Project

Retrieved on: 
Wednesday, March 13, 2024
Mining, Minerals, Natural Resources, VGZ, Project, AISC, Gold, Regulation, Table, Security (finance), Disclosure, National instrument, TSX, Annual report, IRR, Technical report, Metallurgy, Economics, Cryptocurrency

The updated feasibility study reflects changes in project economics since the feasibility study filed in February 2022.

Key Points: 
  • The updated feasibility study reflects changes in project economics since the feasibility study filed in February 2022.
  • The updated study also reflects the current outlook for the long-term gold price and foreign exchanges rates, and the recently announced royalty.
  • Mt Todd mineral resources and mineral reserves, mine plans, gold recoveries, and gold production schedules remain unchanged.
  • Frederick H. Earnest, President and CEO of Vista Gold, commented, “Mt Todd is a robust project with strong leverage to the gold price.

Final Days to Register | Fundamentals of Grid Batteries Course: Valuation, Design, Procurement, and Operations (Houston, United States - April 2-3, 2024)

Retrieved on: 
Friday, March 15, 2024
Hydrogen, Lithium, Stacking, EV, CCGT, VRE, Exercise, Battery, BMS, VO, LFP, VOM, Capacity, IESO, ERCOT, Marketing, Policy, CAISO, SOC, Methodology, SCADA, Waste management, Frequency response, Software, ISO-NE, Lithium battery, AC, Public utility, AESO, IRR, Interconnection, NPV, Electricity, PJM, ROI, Risk management, SPP, Plant, Project, Analysis, MISO, FOM, Life, LAES, NYISO, EMS, ESS, LCOE, EPC, BESS, Video game

DUBLIN, March 15, 2024 /PRNewswire/ -- The "In-Depth Seminar: Grid Batteries: Valuation, Design, Procurement, and Operations" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 15, 2024 /PRNewswire/ -- The "In-Depth Seminar: Grid Batteries: Valuation, Design, Procurement, and Operations" training has been added to ResearchAndMarkets.com's offering.
  • The instructor runs a consulting practice and has many examples of the items in the training to show.
  • Where applicable the Acelerex Grid Analytics planning tools will be used for examples for BESS modeling and simulations.
  • Available financing options for ESS plants with application mapping - added with case studies - for utilities, commercial industrial, and residential.

Strategic Resources Announces Robust Economic Results from its Iron Pellet Plant Study

Retrieved on: 
Tuesday, March 12, 2024
Provincial, Natural gas, Project, Steel, Study, Mineral, BBA, IRR, Federal, NPV, Iron

MONTREAL, March 12, 2024 /PRNewswire/ - Strategic Resources Inc. (TSXV: SR) (the "Company" or "Strategic") is pleased to announce results from the Pre-feasibility Class 5 level engineering study (the "Study") conducted by BBA on its 4 million tonne per annum merchant pelletizer project (the "Pelletizer" or "Project").

Key Points: 
  • MONTREAL, March 12, 2024 /PRNewswire/ - Strategic Resources Inc. (TSXV: SR) (the "Company" or "Strategic") is pleased to announce results from the Pre-feasibility Class 5 level engineering study (the "Study") conducted by BBA on its 4 million tonne per annum merchant pelletizer project (the "Pelletizer" or "Project").
  • Strategic intends to work with its major shareholders, including Investissement Québec, to decide on the best strategy to fund this Project.
  • Strategic is continuing dialogue with iron concentrate producers, iron concentrate traders and financing groups in order to secure iron ore concentrate feed and potential financing partnerships.
  • The process flow sheet includes the multi-user conveyor system, iron ore concentrate and pellet receiving, handling and storage areas and a 4 million tonne per annum Metso pelletizing plant.

Neighborhood Ventures Launches Arizona Multifamily Opportunistic Fund to Capitalize on Increasing Number of Distressed Properties

Retrieved on: 
Monday, March 11, 2024
Negotiation, Real estate, Goldman Sachs, REIT, Investment, IRR, Commercial property

PHOENIX, March 11, 2024 /PRNewswire/ -- Neighborhood Ventures, one of the country's largest real estate crowdfunding companies, announced today the launch of its Arizona Multifamily Opportunistic Fund. This special fund will allow accredited investors (and non-accredited investors in Arizona) to invest in Arizona multifamily commercial properties that Neighborhood Ventures estimates are selling at a distressed rate of 30% below intrinsic value.

Key Points: 
  • PHOENIX, March 11, 2024 /PRNewswire/ -- Neighborhood Ventures, one of the country's largest real estate crowdfunding companies, announced today the launch of its Arizona Multifamily Opportunistic Fund.
  • This special fund will allow accredited investors (and non-accredited investors in Arizona) to invest in Arizona multifamily commercial properties that Neighborhood Ventures estimates are selling at a distressed rate of 30% below intrinsic value.
  • The experienced team of real estate professionals at Neighborhood Ventures targets multifamily properties in residential locations that are prime for investment and redevelopment.
  • To learn more about the Arizona Multifamily Opportunistic Fund (or Neighborhood Ventures REIT fund that is open to all investors, both accredited and non-accredited), visit: Neighborhood.ventures.

Surging Lithium Market Growth Expected Through 2030 Due to Increasing Adoption of Cleaner Energy Sources

Retrieved on: 
Monday, March 4, 2024
Lithium, EVS, Air pollution, Battery, Ganfeng Lithium, Ceramic, Growth, LAAC, NAL, Electric vehicle, PEA, OTCQB, Letter, EV, NPV, ATM, Pollution, Transport, BNDES, IRR, Interim, Economics, Environment, Pressure, Piedmont Lithium, Electricity, PLL, Lubricant, Borate, Life, Carbon, Safety, SLI, National Instrument 43-101, Tesla Model S, GHG, PALM, Collection, USD, Climate, Mineral, TSX, Government, Paris Agreement, Development finance institution, National instrument, Policy

Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.

Key Points: 
  • Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.
  • The growing adoption of hybrid and electric vehicles, high-drain portable electronics, and energy storage systems have boosted the growth of the overall market.
  • The Paris Agreement aims to reduce greenhouse gas (GHG) emissions by at least 40% under its 2030 climate and energy framework.
  • Governments in several countries worldwide are implementing strict emission standards to reduce and control carbon emissions, thus augmenting market growth.

McEwen Copper Reports Improved Copper Recovery

Retrieved on: 
Thursday, February 22, 2024
Copper, NPV, FS, TSX, Oxide, MUX, Disclosure, Feasibility study, IRR, PEA, Engineering, Economics, Copper(I) cyanide, Chuvash

The test results were produced utilizing conventional bio-heap leaching technology and generated an average copper recovery of 76.0%.

Key Points: 
  • The test results were produced utilizing conventional bio-heap leaching technology and generated an average copper recovery of 76.0%.
  • The recovery results for the residual copper (CuRES) component shown in Figure 2 indicated an average recovery of 25%, an increase of 10% from the 15% preliminary recovery assumption used in the PEA.
  • The additional residual copper recovery when applied to the entire resource increases the overall average recovery from 72.8% to 76.0%.
  • Figure 3 below illustrates the increase in potential copper production throughout the mine life, attributable to the improved recovery, in comparison with the PEA assumptions.

Plymouth Industrial REIT Reports Fourth Quarter Results

Retrieved on: 
Wednesday, February 21, 2024
Wells Fargo, Capital One, Investment, Growth, Table, Chase Bank, Sale, Tenant, NOI, Adjustment, IRR, GAAP, Acute and obtuse triangles, History, Public expenditure, Net, JPMorgan Chase, Holding company

BOSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT , Inc. (NYSE: PLYM) (the “Company”) today announced its financial results for the fourth quarter and year ended December 31, 2023 and other recent developments.

Key Points: 
  • BOSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT , Inc. (NYSE: PLYM) (the “Company”) today announced its financial results for the fourth quarter and year ended December 31, 2023 and other recent developments.
  • During the fourth quarter, Plymouth completed the previously announced sale of its 156,634-square-foot industrial building in Marlton, New Jersey for $16.8 million.
  • During the fourth quarter, Plymouth delivered a fully leased industrial building in Jacksonville totaling 39,750 square feet.
  • During the fourth quarter, Plymouth also signed a seven-year, 108,000-square-foot lease at its 180,000-square-foot industrial building in Atlanta, bringing the new development to 100% occupancy.

Aura Announces 2023 Annual Financial and Operational Results and 2024 Guidance

Retrieved on: 
Tuesday, February 20, 2024
Engineering, EPP, EPCM, NPV, GEO, ZERO, Arantzazu, Brazilian real, Gold, Social responsibility, United States dollar, Cajueiro, IRR, Mexican peso, Economics, CAPEX, AISC, FX, Satellite navigation device

In Q4 2023, production reached 69,194 GEO, a notable increase of 7% compared to Q3 2023 and the best quarterly production for the year.

Key Points: 
  • In Q4 2023, production reached 69,194 GEO, a notable increase of 7% compared to Q3 2023 and the best quarterly production for the year.
  • Total production for 2023 reached 235,856 GEO at current prices, within the range of the Q3 2023 MD&A Consolidated Production Guidance of between 231,000 – 253,000 GEO for 2023.
  • In 2023, Aranzazu produced 106,119 GEO, 2% below 2022 at constant prices and in line with the Company`s Guidance.
  • Aura anticipates mining to continue in Ernesto during Q1 2024 with improving production rates.