LRE

Lead Real Estate Co., Ltd ENT TERRACE AKIHABARA Hotel Recognized for Booking.com’s Traveller Review Awards 2024

Retrieved on: 
Monday, April 8, 2024
Travel, Electronics, Booking.com, ENT, Safety, LRE, Tokyo City, Hotel

Booking.com’s Traveller Awards is an esteemed list of international properties based on over 308 million customer reviews.

Key Points: 
  • Booking.com’s Traveller Awards is an esteemed list of international properties based on over 308 million customer reviews.
  • The final review score was calculated on December 1, 2023, based on reviews received in the previous three years.
  • “Our ENT TERRACE AKIHABARA property, which opened to customers in February 2023, demonstrates our continued dedication to developing exceptional properties and experiences for long-term travel.
  • This is the second hotel that the Company has developed for the ENT TERRACE brand, with the other one located in Asakusa.

Leeward Renewable Energy Completes Construction and Commences Commercial Operations at Horizon Solar Project

Retrieved on: 
Thursday, April 4, 2024
Environment, Climate Change, Other Energy, Utilities, Alternative Energy, Sustainability, Energy, Agriculture, Natural Resources, Verizon Communications, Farmer, School, Climate, LRE, Renewable energy

Leeward Renewable Energy (LRE) today announced that it completed construction and commenced operation of its 200-megawatt (MW) Horizon Solar Project.

Key Points: 
  • Leeward Renewable Energy (LRE) today announced that it completed construction and commenced operation of its 200-megawatt (MW) Horizon Solar Project.
  • Located near Pearsall in Frio County, Texas, the project will provide Verizon Communications Inc. (“Verizon”) renewable energy under a previously announced Renewable Energy Purchase Agreement (REPA).
  • Throughout the operational lifespan of Horizon Solar, greenhouse gas emissions avoided are estimated to be equivalent to powering 1.2 million Texan households.
  • “LRE is pleased to have completed another successful project that will provide our longstanding customer, Verizon, with renewable energy,” said Omar Aboudaher, LRE's Sr. Vice President, Development.

Leeward Renewable Energy Signs Power Purchase Agreement with Microsoft for Morrow Lake Solar and Cradle Solar Facilities

Retrieved on: 
Wednesday, March 27, 2024
Other Energy, Utilities, Technology, Other Technology, Alternative Energy, Energy, Hardware, Electricity, Microsoft, Health, Environment, Biodiversity, ERCOT, LRE, Soil, PPA, First Solar, Weather, Renewable energy

Leeward Renewable Energy (“LRE” or “Company”), a leading renewable energy company, today announced that it has entered into two 200-megawatt (MW) Power Purchase Agreements (PPA) with Microsoft Corp. (“Microsoft”).

Key Points: 
  • Leeward Renewable Energy (“LRE” or “Company”), a leading renewable energy company, today announced that it has entered into two 200-megawatt (MW) Power Purchase Agreements (PPA) with Microsoft Corp. (“Microsoft”).
  • Through these PPAs, Microsoft will purchase the power generated from two 200-MW LRE solar facilities currently under development: Morrow Lake Solar in Frio County, Texas, and Cradle Solar in Brazoria County, Texas.
  • In Frio County, the Morrow Lake Solar project has created 313 construction jobs, with 112 being local hires.
  • Construction at the Morrow Lake Solar facility is underway and is expected to be completed by the fourth quarter of 2024.

Leeward Renewable Energy Names Nate Graham Chief Technology Officer

Retrieved on: 
Monday, March 25, 2024
Alternative Energy, Energy, Other Energy, Utilities, CIO, Growth, Information technology, Oklahoma Wesleyan University, Network, Business administration, Telecommunications, Lead, CISO, Energy management, Devon Energy, Architecture, LRE, Multimedia, ConocoPhillips, Management

Leeward Renewable Energy (“LRE” or “Company”), a leading renewable energy company, today announced that it has appointed Nate Graham as Chief Technology Officer (CTO).

Key Points: 
  • Leeward Renewable Energy (“LRE” or “Company”), a leading renewable energy company, today announced that it has appointed Nate Graham as Chief Technology Officer (CTO).
  • “Nate brings a wealth of experience in information technology, cybersecurity, and leadership roles, and he will be instrumental in shaping LRE’s enterprise-wide IT operations and accelerating LRE’s future technology deployment, promoting innovation and strengthening operational resiliency,” said Allen.
  • Throughout his 23-year career, he served as Chief Information Security Officer (CISO) at Enable Midstream Partners and held senior leadership roles at ConocoPhillips and Devon Energy.
  • Graham received his bachelor’s degree in Business Administration & Management from Oklahoma Wesleyan University and a master’s degree in Energy Management from Oklahoma City University.

Lead Real Estate Co., Ltd Announces Contracts to Build Three Luxury Family Hotels

Retrieved on: 
Wednesday, February 7, 2024
Sale, Safety, Steel, ENT, Calendar, LRE, Confidentiality, Self storage

Tokyo, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture and Sapporo, today announced the receipt of contracts to construct three luxury family type hotels in Japan.

Key Points: 
  • Tokyo, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture and Sapporo, today announced the receipt of contracts to construct three luxury family type hotels in Japan.
  • This property will start construction in March 2024 with a scheduled completion in October 2024.
  • Each of the properties will be equipped with a gym, kitchen, bathroom, laundry, and work space.
  • “We are excited to receive these contracts,” said LRE chief executive officer Mr. Eiji Nagahara, “Family type hotels are currently enjoying exceedingly high occupancy rates across Japan and usually remain fully booked shortly after opening.

Leeward Renewable Energy Completes GSG Wind Repower

Retrieved on: 
Thursday, January 25, 2024
Environment, Other Energy, Utilities, Alternative Energy, Sustainability, Green Technology, Energy, Other Natural Resources, Natural Resources, LRE, Wind, GSG, Verizon Communications, School, United, Renewable energy

Leeward Renewable Energy, LLC (LRE) today announced that it has completed the repowering of its GSG Wind project located in Lee and LaSalle Counties, Illinois.

Key Points: 
  • Leeward Renewable Energy, LLC (LRE) today announced that it has completed the repowering of its GSG Wind project located in Lee and LaSalle Counties, Illinois.
  • As previously announced, Verizon Communications signed a renewable energy purchase agreement for the project in January 2022.
  • The 80-megawatt (MW) GSG Wind repower involved decommissioning 40 wind turbines and constructing 26 new turbines.
  • GSG Wind will now be able to generate 50 percent more energy with a smaller footprint, creating a more efficient facility with lower operating and maintenance costs.

Lead Real Estate Co., Ltd Reports Positive Response from Buyers at Shanghai Luxury Property Show

Retrieved on: 
Wednesday, January 3, 2024
LRE, Exhibition, Property management

Tokyo, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture and Sapporo, today reported that the Company received a strong attendee turnout in its exhibit booth at the Shanghai Luxury Property Show Real Estate Exhibition held in China from December 8 to December 10, 2023 (the “Shanghai LPS”).

Key Points: 
  • Tokyo, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture and Sapporo, today reported that the Company received a strong attendee turnout in its exhibit booth at the Shanghai Luxury Property Show Real Estate Exhibition held in China from December 8 to December 10, 2023 (the “Shanghai LPS”).
  • More than 100 potential customers, including Chinese luxury home and hotel buyers, visited LRE’s booth at the Shanghai LPS, and many expressed interest in the Company’s properties.
  • A prominent Chinese real estate buyer is currently visiting Japan to view this property, as well as several other luxury LRE condominiums, according to the Company.
  • The Shanghai LPS featured more than 140 exhibitors from 35 countries and more than 6,200 visitors.

SJI and Captona Announce Construction of one of the Largest Food Waste-to-RNG Facilities in the US

Retrieved on: 
Wednesday, December 20, 2023
Partnership, Gasoline, Restaurant, LRE, Fuel cell, City, Waste management, Digestion, Investec, Oxygen, SJI, Food, Engineering, RNG, Growth, Project, Transport, Carbon, Natural gas, Renewable energy

SJI, Captona, and RNG Energy Solutions today announce their partnership to construct one of the largest food waste-to-renewable natural gas (RNG) projects in the United States.

Key Points: 
  • SJI, Captona, and RNG Energy Solutions today announce their partnership to construct one of the largest food waste-to-renewable natural gas (RNG) projects in the United States.
  • This marks SJI’s first non-utility led anaerobic digester project that will directly connect its utility customers with a New Jersey-based RNG producer.
  • Elizabethtown Gas, one of SJI’s primary utility subsidiaries, will blend the RNG from the Project into its existing natural gas distribution system.
  • The LRE Project includes development and construction of multiple off-site food waste pre-processing and depackaging operations in New York City, New York State and New Jersey.

Lead Real Estate Co., Ltd Announces Sale of 17-unit Luxury Condominium in Tokyo

Retrieved on: 
Wednesday, December 6, 2023
LRE, Sale, Confidentiality

Tokyo, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture, and Sapporo, today announced that, on November 28, 2023, it completed the sale and delivery of a newly built single luxury income-producing condominium.

Key Points: 
  • Tokyo, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture, and Sapporo, today announced that, on November 28, 2023, it completed the sale and delivery of a newly built single luxury income-producing condominium.
  • The 17-unit property, Excelsior Meguromita, located in Meguro, Tokyo, is made from reinforced concrete and has four floors above ground and one basement floor.
  • It has a building area of 10,232 square feet and land area of 3,810 square feet.
  • Due to a confidentiality agreement with the seller, the seller and the sale price are not disclosed.

Lead Real Estate Co., Ltd Reports Fiscal 2023 Year-end Financial Results

Retrieved on: 
Tuesday, November 21, 2023
Annual report, Sale, LRE, Growth

Tokyo, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture, and Sapporo, today announced its financial results for the fiscal year ended June 30, 2023.

Key Points: 
  • Tokyo, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture, and Sapporo, today announced its financial results for the fiscal year ended June 30, 2023.
  • For fiscal 2023, the Company reported total revenue of JPY17,442,248,000, representing an increase of 22% compared to total revenue of JPY14,321,186,000 for fiscal 2022.
  • During fiscal 2023, the increase in net income was mainly attributable to the increase in total revenue, offset by a 23% increase in the cost of revenue for real estate sales.
  • For further information on LRE’s fiscal 2023 results, please see the Company’s annual report on Form 20-F filed with the U.S. Securities and Exchange Commission at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001888980/0001104659231... .