Limetree

Legal Intervention Supports EPA Permit Requirements for St. Croix Refinery

Retrieved on: 
Wednesday, February 15, 2023

SOUTH ROYALTON, Vt., Feb. 15, 2023 /PRNewswire-PRWeb/ -- On Monday, Feb. 13, the Environmental Justice Clinic (EJC) at Vermont Law and Graduate School filed a motion to intervene in a case in the United States 3rd Circuit Court of Appeals concerning permits for a shuttered oil refinery in the U.S. Virgin Islands.

Key Points: 
  • The EJC supports the EPA's determination which requires a Prevention of Serious Deterioration (PSD) permit requiring the applicant to install the best available control technology.
  • In May 2021 the EPA used emergency measures to shut down the refinery and reversed its 2018 decision to not require a PSD permit.
  • The EPA is finally taking the risks posed by this facility seriously, and we need to stop the company from starting up that dirty refinery without a new permit."
  • The EPA now considers the refinery a new, stationary source of pollution and as such requires a PSD permit from Port Hamilton.

Limetree Appoints Three New Managing Partners After Rapid Growth and Product Expansion

Retrieved on: 
Wednesday, June 8, 2022

DALLAS, June 8, 2022 /PRNewswire-PRWeb/ -- Limetree, a Dallas-based behavioral marketing agency, has created three managing partner roles after significant company growth in revenue, capabilities, and IP. The new managing partners, Michael Meadows, Galen Swint, and Scott Rogaliner, will help lead Limetree in performance, growth, and IP expansion. The three will continue to report to Tom Rouse, Founder and President.

Key Points: 
  • The new managing partners, Michael Meadows, Galen Swint, and Scott Rogaliner, will help lead Limetree in performance, growth, and IP expansion.
  • "The promotion of Michael, Galen, and Scott directly reflects the significant growth Limetree has achieved over the last several years amid unforeseen challenges brought on by the pandemic," said Rouse.
  • "Their appointment to Managing Partner recognizes their contributions and the additional responsibilities they will have as Limetree continues our rapid expansion into existing and new business verticals."
  • Limetree is a behavioral marketing company that measurably improves marketing impact and intelligence by uniting behavioral and data science.

Limetree Bay Terminals Announces Financing Agreement With AMP Capital for up to $100 Million

Retrieved on: 
Monday, August 2, 2021

Limetree Bay Terminals, LLC (Limetree Terminals or the Company) today announced that it has entered into a financing agreement under which AMP Capital Investors S.A.R.L.

Key Points: 
  • Limetree Bay Terminals, LLC (Limetree Terminals or the Company) today announced that it has entered into a financing agreement under which AMP Capital Investors S.A.R.L.
  • and affiliates (AMP Capital) will provide the Company with up to $100 million in new capital.
  • Under the terms of the agreement, AMP Capital will provide Limetree Terminals indirect parent company, Limetree Bay Terminals Holdings II, LLC with a $50 million incremental tranche of term loans, which amount can be upsized by an additional $50 million at the election of AMP Capital.
  • Limetree Terminals is distinct and separate from Limetree Bay Refining LLC (Limetree Refinery), whose operations have been suspended following the filing of voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code.

Limetree Bay Files for Chapter 11

Retrieved on: 
Tuesday, July 13, 2021

Limetree Bay Refining, LLC and several of its affiliates (collectively, Limetree Bay or the Company) today announced that Limetree Bay has filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas (the Court).

Key Points: 
  • Limetree Bay Refining, LLC and several of its affiliates (collectively, Limetree Bay or the Company) today announced that Limetree Bay has filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas (the Court).
  • Limetree Bay intends to use the Chapter 11 process to engage in discussions with its lenders, creditors, equity owners and others to evaluate options to maximize the value of the estate and recoveries for stakeholders, including exploring a potential sale of its assets.
  • Limetree Bay has received commitments for up to $25 million in new debtor-in-possession financing that, upon court approval, is expected to provide sufficient liquidity to meet ongoing business obligations related to the maintenance of the refinery during the Chapter 11 process.
  • The Chapter 11 process provides Limetree with the clearest path to maximize the value of our estate for our stakeholders while safely preparing the refinery for an extended shutdown.

Limetree Bay Ventures Appoints Jeffrey Rinker as Chief Executive Officer

Retrieved on: 
Friday, October 30, 2020

Limetree Bay Ventures, LLC (Limetree Bay or the Company), a world-class refinery, energy storage and logistics hub, today announced that it has appointed Jeffrey Rinker as its Chief Executive Officer, effective November 11, 2020.

Key Points: 
  • Limetree Bay Ventures, LLC (Limetree Bay or the Company), a world-class refinery, energy storage and logistics hub, today announced that it has appointed Jeffrey Rinker as its Chief Executive Officer, effective November 11, 2020.
  • We are thrilled to welcome Jeff to Limetree Bay as CEO, said R. Blair Thomas, Chairman of the Companys Board of Directors and CEO of EIG Global Energy Partners, Limetree Bays controlling shareholder.
  • I am honored by the opportunity to join Limetree Bay as CEO, said Mr. Rinker.
  • Limetree Bay Ventures, LLC is a large-scale energy complex strategically located in St. Croix, U.S. Virgin Islands.

Limetree Bay Ventures Appoints Brian Lever as President and Chief Executive Officer

Retrieved on: 
Wednesday, September 25, 2019

ST. CROIX, U.S. Virgin Islands, Sept.25, 2019 /PRNewswire/ -- Limetree Bay Ventures is announcing the promotion of Brian Lever to president and chief executive officer.

Key Points: 
  • ST. CROIX, U.S. Virgin Islands, Sept.25, 2019 /PRNewswire/ -- Limetree Bay Ventures is announcing the promotion of Brian Lever to president and chief executive officer.
  • Upon completion of its ongoing refinery restart project, Limetree Bay will be able to process approximately 200,000 barrels per day of feedstock.
  • Brian Lever, the company's new president and chief executive officer, has more than 40 years of experience in refining, storage and logistics infrastructure, Mr.
  • To lead the marine terminal business and operations, Limetree Bay has recently hired Jeffrey Hersperger as senior vice president of terminals.