Concession (contract)

SP Plus Corporation Upgrades Parking Services on the University of Akron Campus

Retrieved on: 
Tuesday, December 12, 2023
Faculty, Student, System, Concession (contract), University of Akron, SP, University, KeyBank, Diogenes, Sponsor (commercial), Aviation, Senior

The University of Akron has entered into a 35-year parking monetization, structured as a tax-exempt bond transaction, with a team led by Diogenes Capital, SP+, and KeyBanc Capital Markets.

Key Points: 
  • The University of Akron has entered into a 35-year parking monetization, structured as a tax-exempt bond transaction, with a team led by Diogenes Capital, SP+, and KeyBanc Capital Markets.
  • Investment in campus parking facilities, operations, and technology will provide an improved overall customer experience.
  • This includes, investing in campus projects, offering scholarships to UA students and actively participating in and sponsoring campus events.
  • “We are proud to be selected by the University of Akron as their new parking services provider, and look forward to serving the campus community for many years to come,” said Tom Hagerman, Senior Vice President, SP+ Corporation.

Cobre Panamá Mining Concession Contract Enacted Into Law in Panamá

Retrieved on: 
Sunday, October 22, 2023
Contract management, Tax, National Assembly, Official, Workforce, News, Nature, Environment, Concession (contract), Assembly, Official Gazette, First Quantum Minerals, TSX, First

TORONTO, Oct. 22, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) announced today that Law 406, which approves the refreshed mining concession contract (“Concession Contract”) for the Cobre Panamá mine, was published in the Official Gazette of Panamá on October 20, 2023.

Key Points: 
  • TORONTO, Oct. 22, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) announced today that Law 406, which approves the refreshed mining concession contract (“Concession Contract”) for the Cobre Panamá mine, was published in the Official Gazette of Panamá on October 20, 2023.
  • On the same day, President Laurentino Cortizo sanctioned Bill 1100 into Law 406 and this was subsequently published in the Official Gazette.
  • The enactment of Law 406 marks the final step in revising the legal framework for the Cobre Panamá mine.
  • “We are pleased that the revised contract establishes the basis for a renewed long-term relationship between Panamá and First Quantum.

CenTrio Announces a Game-Changing Public-Private Partnership (P3) with Eastern Michigan University, Delivering Sustainable Energy Solutions Across Campus

Retrieved on: 
Tuesday, April 25, 2023
Building Systems, University, Commercial Building & Real Estate, Construction & Property, Education, Learning, Heart, Concession (contract), Maintenance, RJA, Partnership, Financial adviser, Lawyer, Public–private partnership, Curriculum, McDonnell Aircraft Corporation, Gilbane, Inc., University of Michigan, GHG, Research, Welcome, Eastern Michigan University, Student, Burns & McDonnell, STARS, Water, Pleasure, Assessment, CFO, Faculty, Growth, Heat, Technical advisor, Health, Environment, EMU, Centrio, Safety, Renewable energy, Asset management, Management

CenTrio is proud to announce a transformative long-term 50-year Public-Private Partnership (P3) with Eastern Michigan University.

Key Points: 
  • CenTrio is proud to announce a transformative long-term 50-year Public-Private Partnership (P3) with Eastern Michigan University.
  • Eagle Energy Partners (“EEP”), as the Concessionaire, wholly owned by CenTrio will invest in, modernize, and manage the University’s utility infrastructure to maintain existing heating, cooling, and electric systems, and will implement innovative and sustainable energy solutions across the entire campus.
  • "Along with Gilbane as our Campus Master Developer, we are excited to partner with CenTrio to advance our sustainable energy goals," said Mike Valdes, CFO of Eastern Michigan University.
  • “We are thrilled with the founding of this partnership, supporting Eastern Michigan University in achieving its long-term strategic goals.

Melco Announces Further Details of Gaming Concession

Retrieved on: 
Sunday, December 18, 2022
Trigger, Republic, Annual report, Coronavirus, Health, City, Melco International Development, Government, SAR, Table, Culture, Stock exchange, Motherboard, Remuneration, Social Security, Communications and Entertainment Limited, Concession (contract), Casino, Entertainment City, Concession

The Macau SAR government has allocated 750 gaming tables and 2,100 electronic gaming machines for operation by the Concessionaire during the Concession.

Key Points: 
  • The Macau SAR government has allocated 750 gaming tables and 2,100 electronic gaming machines for operation by the Concessionaire during the Concession.
  • Under the Concession, Melco Resorts Macau will pay an annual premium to the Macau SAR of MOP30,000,000 (equivalent to approximately US$3,741,000) plus a variable amount calculated in accordance with the number of gaming tables and electronic gaming machines operated by Melco Resorts Macau.
  • The Concession provides for the payment of special gaming tax on gross gaming revenue.
  • The Company enthusiastically welcomes the grant of the Concession to Melco Resorts Macau, which will enable Melco Resorts Macau to continue its core gaming and entertainment business in the Macau SAR for the next decade.

TV AZTECA ANNOUNCES NET REVENUE OF Ps.3,967 MILLION AND EBITDA OF Ps.1,483 MILLION IN THE FOURTH QUARTER OF 2021

Retrieved on: 
Thursday, February 24, 2022
Rationalization, Income, Communication, Growth, Concession (contract), National, Ministry, Peru, TV Azteca, CONFIG.SYS, Smart contract, Azteca, Mission statement, EBITDA, Transport, Real estate, Retail, Reinsurance, Recycling

The sum of revenue of TV Azteca Guatemala and TV Azteca Honduras, as well as the company's content sales outside of Mexico, was Ps.78 million, compared to Ps.71 million the previous year.

Key Points: 
  • The sum of revenue of TV Azteca Guatemala and TV Azteca Honduras, as well as the company's content sales outside of Mexico, was Ps.78 million, compared to Ps.71 million the previous year.
  • TV Azteca recorded a net income of Ps.251 million in the quarter, from a net income of Ps.1,344 million the previous year.
  • As of December 31, 2021, TV Azteca's debt with cost was Ps.12,629 million, compared to Ps.13,529 million from the previous year.
  • The company posted net income of Ps.354 million, compared to a loss of Ps.2,216 million a year ago.

Royal Road Minerals Receives New 30 Year Mining Concession Contract for Its Margaritas Gold Project in Antioquia; Colombia

Retrieved on: 
Tuesday, August 31, 2021
Company, A.C.C.D. Mineros de Guayana, ICP-AES, ALS, National instrument, Quality, Mining, Public, Bachelor of Science, Master of Science, ICP-MS, Agreement, Royal Road, Concert Properties, National Instrument 43-101, Geology, Doctor of Philosophy, Exploration, TSX Venture Exchange, CRMS, Aqua regia, Smart contract, Forward-looking statement, AngloGold Ashanti, Strategic alliance, AGA, Concession (contract), News, Disclosure, Quality control, Gold, Margarita, CEO, Structural geology, Cryptocurrency, Audit

Toronto, Ontario--(Newsfile Corp. - August 31, 2021) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to announce that it has received the rights to a newly-granted mining Concession Contract, at its Margaritas gold project in the department of Antioquia, Colombia.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - August 31, 2021) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to announce that it has received the rights to a newly-granted mining Concession Contract, at its Margaritas gold project in the department of Antioquia, Colombia.
  • The Margaritas gold project is located in the Anza mining district, approximately 50 Km west of Medellin.
  • The Public Hearing for the Margaritas Concession Contract (SGL-09001), was conducted on May 27, 2021 and the Concession Contract was granted on August 27, 2021.
  • Mining Concession Contracts have an initial term of 30-years which is extendable for a further 30 years.