BWE

Cresset Enters Joints Venture with Level 2 Development and SJG Properties, Marking the Firm’s Latest Qualified Opportunity Zone Fund Investment

Retrieved on: 
Thursday, August 3, 2023

This will be the first project in Cresset’s third Qualified Opportunity Zone fund, Cresset Diversified QOZ Fund III (“Fund III”).

Key Points: 
  • This will be the first project in Cresset’s third Qualified Opportunity Zone fund, Cresset Diversified QOZ Fund III (“Fund III”).
  • “We are excited to partner with Cresset Partners in our Scott’s Addition Project,” said Ashley Wiltshire of SJG Properties.
  • Cresset’s experience in Opportunity Zone projects and their long-term investment strategy made them a natural choice as a partner in developing The Ace.
  • “We’re very excited to support that growth by partnering with Level 2 and SJG on The Ace Apartments project.

Mauritius Commercial Bank Limited (MCB) Acts as Mandated Lead Arranger in Apex’s Egyptian Natural Gas Investment

Retrieved on: 
Thursday, February 2, 2023

Apex will now own interests in eight Western Desert concessions (six of the eight concessions will be operated by Apex).

Key Points: 
  • Apex will now own interests in eight Western Desert concessions (six of the eight concessions will be operated by Apex).
  • The acquisition is being financed in part through a senior secured borrowing base facility with The Mauritius Commercial Bank Limited (‘MCB’) acting as Mandated Lead Arranger, Modelling Bank and Hedging Bank.
  • Prior to financing this project, MCB applied the Equator Principles to proactively identify and mitigate environmental and social risk.
  • Apex also expects to commence its first natural gas production during the second quarter of 2023.

Propel Global to Acquire 51% Stake in O&G Engineering Firm for RM7.82 Million

Retrieved on: 
Thursday, December 8, 2022

(BWE) for RM7.82 million.

Key Points: 
  • (BWE) for RM7.82 million.
  • Propel Global is acquiring the 51% stake from Azizi, who is selling his entire equity interest, and Siew Lee, who is selling 5.2% of his holdings.
  • BWE reported revenue of RM18.6 million and PAT of RM178,000 for FYE2019; RM19.0 million revenue and RM395,000 PAT for FYE2020 and; RM38.5 million revenue and RM2.3 million PAT for FYE2021.
  • The Group will also be able to tap into BWE's existing customer base for cross-marketing opportunities and additional revenue stream."

2023 Best Wellness Employer Certification Survey Open for Employers

Retrieved on: 
Monday, December 5, 2022

HINGHAM, Mass., Dec. 5, 2022 /PRNewswire-PRWeb/ -- Wellness Workdays, a leader in workplace wellness programs, announces the 2023 Best Wellness Employer survey is open and employers can submit an application for the program's 2023 certification. Developed by Wellness Workdays in collaboration with experts from Harvard Medical School and other industry experts, the Best Wellness Employer initiative recognizes the significant accomplishments of employers dedicated to improving employee wellbeing. Researchers will utilize the reported data to help build knowledge and advance the field of worksite wellness with a focus on current practices and wellness outcomes. Responses from applicants are kept strictly confidential and anonymous with no identification of any employer.

Key Points: 
  • HINGHAM, Mass., Dec. 5, 2022 /PRNewswire-PRWeb/ -- Wellness Workdays, a leader in workplace wellness programs, announces the 2023 Best Wellness Employer survey is open and employers can submit an application for the program's 2023 certification.
  • Developed by Wellness Workdays in collaboration with experts from Harvard Medical School and other industry experts, the Best Wellness Employer initiative recognizes the significant accomplishments of employers dedicated to improving employee wellbeing.
  • The Best Wellness Employer certification provides an opportunity for organizations of all sizes to highlight the successes of their wellness programs.
  • The survey for the 2023 certification can be completed on the Best Wellness Employer website LINK.

BWE Closes $74,999,900 HUD 221(d)(4) Loan for New Construction Multifamily Property in Prescott Valley, AZ

Retrieved on: 
Tuesday, August 30, 2022

BWE is proud to have worked with Fain Signature Group to bring much-needed additional rental housing to the community, said Swanson.

Key Points: 
  • BWE is proud to have worked with Fain Signature Group to bring much-needed additional rental housing to the community, said Swanson.
  • Legado Apartments is a 329-unit luxury multifamily, mid-rise apartment property consisting of one-, two- and three-bedroom units.
  • The property will be built to a high standard of energy efficiency and obtain an Energy Star certification at the end of construction.
  • The HUD-insured financing provides a combined construction and permanent loan for market rate multifamily projects, such as Legado Apartments.

VAALCO Energy Announces 250% Increase in Proved Reserves at Year-End 2021 and Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

Retrieved on: 
Thursday, March 3, 2022

Participants should ask to be joined to the VAALCO Energy Fourth Quarter 2021 Conference Call.

Key Points: 
  • Participants should ask to be joined to the VAALCO Energy Fourth Quarter 2021 Conference Call.
  • VAALCO, founded in 1985, is a Houston, USA based, independent energy company with production, development and exploration assets in the West African region.
  • Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond VAALCOs control.
  • 596/2014 on market abuse (MAR) and is made in accordance with the Companys obligations under article 17 of MAR.