Matanuska-Susitna Valley

CleanCapital & Renewable IPP announce the completion of Alaska's largest solar project

Retrieved on: 
Tuesday, September 12, 2023
Renewable resource, Central House (Central, Alaska), AEA, MEA, Wind, LAS, Cook Inlet, Climate change, Natural gas, Renewable energy, Matanuska-Susitna Valley

NEW YORK and LAS VEGAS, Sept. 12, 2023 /PRNewswire-PRWeb/ -- CleanCapital, a diversified clean energy company, announced today at RE+ 2023 the addition of an 8.5 megawatt (MW) solar project in Houston, Alaska to its operating portfolio after a ribbon cutting ceremony on August 29, 2023 marked its interconnection to the local utility grid. The solar project—the largest ever built in the state—was developed and constructed by Renewable IPP (RIPP), an Alaska-based solar developer. CleanCapital provided financing for the project construction and serves as the long-term owner-operator of the site. In addition to construction financing, CleanCapital's investment funded RIPP's operations to accelerate the development of its pipeline in Alaska. Matanuska Electric Association (MEA) will purchase cost-competitive power from the project to benefit its members. The project was also supported by a loan from the Alaska Energy Authority (AEA).

Key Points: 
  • The solar project—the largest ever built in the state—was developed and constructed by Renewable IPP (RIPP) , an Alaska-based solar developer.
  • CleanCapital provided financing for the project construction and serves as the long-term owner-operator of the site.
  • "Since its inception, CleanCapital has been driven by a mission to accelerate the transition from fossil fuels to clean, renewable energy.
  • "We are thrilled at the cohesive partnerships formed among RIPP, CleanCapital, AEA, and MEA that resulted in the completion of this historic solar project," said Jennifer Miller, CEO at Renewable IPP.

MAT-SU VALLEY SCHOOL BUS WORKERS RATIFY FIRST CONTRACT WITH DURHAM

Retrieved on: 
Thursday, March 9, 2023
Weather, Failure, Student, Teamsters Local 1932, Matanuska-Susitna Borough, Alaska, Human, Matanuska-Susitna Valley, Durham School Services, Safety, Local, International Brotherhood of Teamsters

ANCHORAGE, Alaska, March 8, 2023 /PRNewswire/ -- Teamsters Local 959, which represents 195 Matanuska-Susitna Borough (Mat-Su) school bus drivers, attendants, and monitors, has reached an agreement with Durham School Services on a new contract following months of negotiations and a four-week strike. This is the first contract Local 959 workers have ratified with Durham.

Key Points: 
  • This is the first contract Local 959 workers have ratified with Durham.
  • "Day in and day out, Mat-Su Valley bus drivers battle Alaska's weather to get students to and from school safely – and they deserve to be compensated fairly.
  • We are grateful to our members and negotiators for holding the line and securing this immensely important deal for Mat-Su Valley bus workers."
  • "We wanted a fair contract and Local 959 helped us get one," said Debbie Mullin, Mat-Su Valley school bus driver and Local 959 member.

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.50 per Share

Retrieved on: 
Friday, December 2, 2022
Sitka, Alaska, Matanuska-Susitna Valley, Alaska Time Zone, Bank, Holding company

ANCHORAGE, Alaska, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.50 per share.

Key Points: 
  • ANCHORAGE, Alaska, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.50 per share.
  • The dividend will be payable on December 23, 2022, to shareholders of record at the close of business on December 15, 2022.
  • We are pleased to maintain our quarterly dividend at $0.50 per share, as we continue to be committed to providing returns to our shareholders, said Joe Schierhorn, President and CEO.
  • At the stock price of $55.85 per share at the close of the market on December 1, 2022, the current dividend equates to a yield of 3.58% on an annualized basis.

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.50 per Share

Retrieved on: 
Friday, August 26, 2022
CEO, Sitka, Alaska, NASDAQ, Small Business Administration, SBA, GlobeNewswire, Alaska Time Zone, Matanuska-Susitna Valley, Board, GLOBE, PPP, LLC, Director, Bank, Income, Holding company

ANCHORAGE, Alaska, Aug. 26, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.50 per share.

Key Points: 
  • ANCHORAGE, Alaska, Aug. 26, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.50 per share.
  • The dividend will be payable on September 16, 2022, to shareholders of record at the close of business on September 8, 2022.
  • We are pleased to increase our quarterly dividend as we continue to be committed to providing returns to our shareholders, said Joe Schierhorn, President and CEO.
  • At the stock price of $40.50 per share at the close of the market on August 25, 2022, the current dividend equates to a yield of 4.94% on an annualized basis.

PCMag.com names GCI Alaska's fastest ISP for seventh consecutive year

Retrieved on: 
Wednesday, August 3, 2022
PCMag, PSI, Matanuska-Susitna Valley, Multimedia, AT&T, Nasdaq, Starlink, GCI, Government, ISP, Intention, Sand Point, Human, AT, Internet, Internet service provider, Handyside, Online shopping

ANCHORAGE, Alaska, Aug. 3, 2022 /PRNewswire/ -- For the seventh straight year, GCI has been named Alaska's fastest internet service provider (ISP) by PCMag.com. GCI raised the bar yet again, setting a record high PCMag Speed Index (PSI) score of 176.7.

Key Points: 
  • ANCHORAGE, Alaska, Aug. 3, 2022 /PRNewswire/ -- For the seventh straight year, GCI has been named Alaska's fastest internet service provider (ISP) by PCMag.com.
  • For the seventh straight year, GCI has been named Alaska's fastest internet service provider (ISP) by PCMag.com.
  • "We're pleased to be recognized as Alaska's fastest ISP for the seventh year running," said GCI Chief Communications Officer Heather Handyside.
  • GCI was the first ISP in Alaska, and among the first in the country, to make 2 gig internet speeds widely available.

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.41 per Share

Retrieved on: 
Friday, May 27, 2022
Small Business Administration, Income, Director, Sitka, Alaska, Bank, NASDAQ, PPP, Matanuska-Susitna Valley, Board, SBA, LLC, Growth, CEO, GLOBE, Holding company

ANCHORAGE, Alaska, May 27, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.41 per share.

Key Points: 
  • ANCHORAGE, Alaska, May 27, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.41 per share.
  • The dividend will be payable on June 17, 2022, to shareholders of record at the close of business on June 9, 2022.
  • We are committed to providing returns to our shareholders through earnings growth and paying regular quarterly cash dividends, said Joe Schierhorn, President and CEO.
  • At the stock price of $41.63 per share at the close of the market on May 26, 2022, the current dividend equates to a yield of 3.94% on an annualized basis.

Northrim BanCorp, Inc. Announces Executive Promotions

Retrieved on: 
Friday, March 25, 2022
NASDAQ, Matanuska-Susitna Valley, Sitka, Alaska, Growth, Economic development, Pacific coast, Associated Students of the University of Washington, Arizona State University, Internal audit, Huston, CEO, Senior, LLC, Bank, Business administration, Knowledge, United Way, University of Alaska Anchorage, Time, First Interstate Bank, GLOBE, Amber, Certified Public Accountant, University of Alaska Fairbanks, University, Management, Science

ANCHORAGE, Alaska, March 25, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) announced the promotions of Michael Huston to serve as President and Chief Lending Officer of Northrim Bank and Amber Zins as Executive Vice President and Chief Operating Officer of Northrim Bank, effective March 26.

Key Points: 
  • ANCHORAGE, Alaska, March 25, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) announced the promotions of Michael Huston to serve as President and Chief Lending Officer of Northrim Bank and Amber Zins as Executive Vice President and Chief Operating Officer of Northrim Bank, effective March 26.
  • He is taking over the President role from Joe Schierhorn, who remains the Chairman and CEO of Northrim Bank and Chairman, CEO, President and Chief Operating Officer of Northrim Bancorp, Inc., the parent company of Northrim Bank.
  • Mr. Huston was hired as Executive Vice President and Chief Lending Officer of Northrim Bank in May 2017.
  • She has also served in the positions of Senior Vice President, Human Resources Director and most recently as Executive Vice President, Chief Administrative Officer of Northrim Bank.

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.41 per Share

Retrieved on: 
Friday, February 25, 2022
GLOBE, Income, Board, Growth, NASDAQ, PPP, Small Business Administration, LLC, Matanuska-Susitna Valley, Bank, SBA, Sitka, Alaska, CEO, Director, Holding company

ANCHORAGE, Alaska, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.41 per share.

Key Points: 
  • ANCHORAGE, Alaska, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.41 per share.
  • The dividend will be payable on March 18, 2022, to shareholders of record at the close of business on March 10, 2022.
  • We are committed to providing returns to our shareholders through earnings growth and paying regular quarterly cash dividends, said Joe Schierhorn, President and CEO.
  • At the stock price of $41.52 per share at the close of the market on February 24, 2022, the current dividend equates to a yield of 3.95% on an annualized basis.

Copper Valley Electric Partners with Ultra Safe Nuclear Corporation to perform Feasibility Study of a Micro Modular Reactor (MMR®) Energy System in Alaska

Retrieved on: 
Tuesday, February 8, 2022
Alternative Energy, Energy, Utilities, Board of directors, Senate, Board, Power plant engineering, Geography, Efficiency, Technology, Energy system, Electricity, Matanuska-Susitna Valley, Nuclear energy, Alaska Route 1, Hope, MMR, CO2, Communication, Renewable energy

Copper Valley Electric Association (CVEA) located in Glennallen, Alaska is collaborating with Ultra Safe Nuclear Corporation (USNC) headquartered in Seattle to determine the feasibility of building the first commercial installation of a Micro Modular Reactor (MMR) Energy System in Alaska.

Key Points: 
  • Copper Valley Electric Association (CVEA) located in Glennallen, Alaska is collaborating with Ultra Safe Nuclear Corporation (USNC) headquartered in Seattle to determine the feasibility of building the first commercial installation of a Micro Modular Reactor (MMR) Energy System in Alaska.
  • The study is designed to determine the technical feasibility, social acceptance, location, cost, and operating specifics of what is projected to be a 10-megawatt electric micro facility utilizing innovative advanced nuclear technology.
  • USNC is an advanced energy company focused on the delivery of safe, commercially competitive, clean, and reliable nuclear energy to markets throughout the world.
  • Governor Dunleavy introduced Senate Bill 177 on Tuesday to streamline the permitting process for micro nuclear reactors in Alaska.

Northrim BanCorp, Inc. Expands Stock Repurchase Program

Retrieved on: 
Friday, January 28, 2022
Growth, Bank, NASDAQ, Matanuska-Susitna Valley, LLC, Sitka, Alaska, Board of directors, Board, GLOBE, Time, Director, Car rental

Prior to the increase, no shares remained available for repurchase under Northrims stock repurchase program.

Key Points: 
  • Prior to the increase, no shares remained available for repurchase under Northrims stock repurchase program.
  • Northrims stock repurchase program has helped to build long-term value for our shareholders and we feel that it continues to be an excellent use of capital to continue building on that value, stated Jed Ballard, Chief Financial Officer.
  • This addition to our previous repurchase authorization allows us to buy back up to an additional $13 million in stock based on current market pricing.
  • The repurchase program may be modified, suspended or terminated by the Board of Directors at any time without notice.