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Copper Property CTL Pass Through Trust Issues Monthly/Quarterly Reporting Package for December 2021

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”), has filed a Form 8-K containing its monthly/quarterly report for the period ended December 31, 2021. An aggregate total distribution of $600.9 million or $8.011351 per trust certificate will be paid on January 10, 2022 to certificateholders of record as of January 7, 2022. The total distribution includes a $595.3 million aggregate net sales proceeds distribution, as well as a $5.6 million net operations distribution. As previously announced, on December 17, 2021, the Trust sold its portfolio of six distribution centers for a sales price of $557 million. Due to this sale and the subsequent sale of two retail assets in December, the Trust held an extraordinary amount of cash pending the next permitted distribution on January 10, 2022. Therefore, on December 30, 2021, the Trust amended its Amended and Restated Pass Through Trust Agreement, dated January 30, 2021 (the “Trust Agreement”), without the consent of its certificateholders (as provided in the Trust Agreement), to permit the Trust to invest moneys held by the Trust instead of holding them in non-interest bearing accounts. A copy of the amendments to the Trust Agreement was filed as Exhibit 3.1 to Form 8-K, filed on January 5, 2022 with the SEC. The Trust used the flexibility created by the amendments to invest the funds held pending the January 10, 2022 distribution in a manner that precluded principal risk since December 31, 2021, while ensuring that the Trust could satisfy the timing and manner of distributions required by the Trust Agreement. The funds were invested in a U.S. government money market fund sponsored by a major bulge bracket investment banking firm, which invests at least 99.5% of its assets in (i) cash, (ii) securities issued or guaranteed by the United States or certain U.S. government agencies or instrumentalities and/or (iii) repurchase agreements that are collateralized fully. Additional information can be obtained on the Monthly Distribution Statement, which can be found on the Trust’s website at https://www.ctltrust.net/. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Copper Property CTL Pass Through Trust Larry Finger | Principal Financial Officer +1 310-526-1707 lfinger@ctltrust.net IRRealized LLC Mary Jensen | Investor Relations +1 310-526-1707 mary@irrealized.com Company Website https://ctltrust.net/about/default.aspx

January 07, 2022 03:15 PM Central Standard Time

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GENERATION INCOME PROPERTIES ANNOUNCES EXPANSION OF PORTFOLIO WITH CLOSING OF $4.7 MILLION ACQUISITION

Generation Income Properties

Generation Income Properties, Inc. (NASDAQ: GIPR) (“GIP” or the “Company”) announced the closing of an approximately 30,000 SF single-tenant retail building in Grand Junction, Colorado for total consideration of approximately $4.7 million on December 28 th, 2021. The building is occupied by Best Buy (NYSE: BBY), which currently holds an investment grade credit rating of BBB on the Standard & Poor's scale. There is approximately 5.5 years remaining on the building’s current lease term, with the option for the tenant to renew for one (1) five (5) – year period, and annualized base rental income of $353,000. The Company funded the acquisition with approximately 50% cash and 50% debt. “We are pleased to add another credit-quality asset to our portfolio in a high-growth market," noted David Sobelman, President and Chief Executive Officer of GIP, “This transaction highlights our continued focus on acquisitions and expanding our portfolio with high quality tenants across the US.” About Generation Income Properties Generation Income Properties, Inc., located in Tampa, Florida, is an internally managed real estate investment corporation formed to acquire and own, directly and jointly, real estate investments focused on retail, office and industrial net lease properties located primarily in major United States cities. Additional information about Generation Income Properties, Inc. can be found at the Company's corporate website: www.gipreit.com. Forward-Looking Statements This press release, whether or not expressly stated, may contain "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. The words “believe,” “intend,” “expect,” “plan,” “should,” “will,” “would,” and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These statements reflect the Company's expectations regarding future events and economic performance and are forward-looking in nature and, accordingly, are subject to risks and uncertainties. Such forward-looking statements include risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements which are, in some cases, beyond the Company's control which could have a material adverse effect on the Company's business, financial condition, and results of operations. These risks and uncertainties include our limited operating history, potential changes in the economy in general and the real estate market in particular, the COVID-19 pandemic, and other risks and uncertainties that are identified from time to in our SEC filings, including those identified in our registration statement on Form S-11 (File No. 333-235707), which are available at www.sec.gov. The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company's business, financial condition, and results of operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statement made by us herein speaks only as of the date on which it is made. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof, except as may be required by law. Contact Details Generation Income Properties Investor Relations +1 813-448-1234 ir@gipreit.com Company Website https://www.gipreit.com

January 04, 2022 04:30 PM Eastern Standard Time

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Fortune and Great Place to Work® Name VTS One of the 2021 Best Workplaces in New York™

VTS

Great Place to Work® as well as Fortune magazine have honored VTS — the commercial real estate industry’s (CRE) leading leasing, marketing, asset management, and tenant experience platform —as one of the 2021 Best Workplaces in New York™. This is VTS’ inaugural appearance on the prestigious list, ranking 19 out of the 60 Best Small and Medium Workplaces, solidifying VTS as one of the best companies to work for in the country. The Best Workplaces in New York award is based on an analysis of survey responses from more than 78,000 current employees in the New York State, tri-state and metro area. In that survey, 95% of VTS employees agree it is a great place to work, which is 4 points higher than the average U.S. company. “We’re incredibly honored to be recognized by Fortune as one of the Best Workplaces within New York,” said Nick Romito, CEO of VTS. “VTS prides itself in fostering an environment of appreciation for our employees and all that they do in making VTS the company that it is today, and we have our employees to thank for receiving this incredible distinction.” The Best Workplaces in New York list is highly competitive. Great Place to Work, the global authority on workplace culture, selected the list using rigorous analytics and confidential employee feedback. Companies were only considered if they are a Great Place to Work-Certified™ organization. Great Place to Work is the only company culture award in America that selects winners based on how fairly employees are treated. Companies are assessed on how well they are creating a great employee experience that cuts across race, gender, age, disability status, or any aspect of who employees are or what their role is. “Earning a spot on the Best Workplaces in New York™ list is an especially significant award this year, as the pace and shape of work has changed dramatically,” said Michael C. Bush, CEO of Great Place to Work®. “Leaders at these companies have shown exceptional care for their people. And this support resonates with all employee groups. It doesn’t matter what pronoun they use, their experience level or their pay grade, all people have a great experience.” In addition to being named to the Best Workplaces in New York™, VTS’ CEO Nick Romito has also been named as one of Commercial Real Estate’s Best Bosses, according to a recent ranking by Globe St., as well as named to Crain's 2021 list of the Most Notable in Real Estate. This year, the company has also been named to Built In’s Best Places to Work 2021, the Forbes Cloud 100, as well as Glassdoor’s Highest Rated Cloud Companies List. VTS continues to experience rapid growth, and is actively hiring within various roles throughout the organization. Visit vts.com/careers to learn more. About VTS VTS is commercial real estate’s leading leasing, marketing, asset management, and tenant experience platform where the industry comes to make deals happen and real-time data comes to life. The VTS Platform captures the largest first-party data source in the industry, which delivers real-time insights that fuel faster, more informed decision making and connections throughout the deal and asset lifecycle. VTS Data, the industry’s only forward-looking market dataset, and VTS Market and Marketplace, the industry’s first integrated online marketing solution, give landlords, brokers, and tenants unparalleled visibility into real-time market information and the direct connectivity to execute deals with greater speed and intelligence at every point in the planning, marketing, leasing, and asset management cycle. VTS Rise is the industry’s most comprehensive tenant experience solution, offering occupiers, building operators, and visitors an immersive, tech-enabled experience. More than 60% of Class A office space in the US and 12B square feet of office, retail, and industrial real estate globally is managed on the VTS platform. VTS’ user base includes over 45,000 CRE professionals including respected industry leaders like Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, Boston Properties, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit www.vts.com. About the Best Workplaces in New York™ Great Place to Work® selected the Best Workplaces in New York™ by gathering and analyzing confidential survey responses from more than 78,000 employees at Great Place to Work-Certified™ organizations. Company rankings are derived from 60 employee experience questions within the Great Place to Work Trust Index™ survey. Read the full methodology. To get on this list next year, start here. About Great Place to Work® Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™. Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram. Contact Details Marino Elise Szwajkowski +1 212-402-3495 eszwajkowski@marinopr.com Company Website https://www.vts.com/

January 04, 2022 09:00 AM Eastern Standard Time

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PCMA Private Client Appoints Casey Turner EVP, Enterprise Risk & Operations

PCMA

PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, announced the hiring of industry veteran Casey Tuner, EVP, Enterprise Risk & Operations. As EVP, Enterprise Risk & Operations, Casey will be responsible for all aspects of PCMA Private Client Lending’s enterprise risk management. In her new role, Turner will be responsible for the design and execution of the firm’s enterprise risk management program and practices, including the appropriate frameworks and methodologies to support effective risk identification, assessment, mitigation, and monitoring. Turner will ensure risks associated with strategy, operations, and change management are adequately monitored and reported to all enterprise stakeholders. “Casey’s impressive track record and depth of experience in operational risk management and compliance is crucial to PCMA’s ongoing commitment to establishing new products, new services, and advancing our deep commitment to the Private Client experience,” said John Lynch, CEO and Founder of PCMA. “There are a number of market trends that make PCMA’s evolving platform ripe for continued expansion, and I’m excited for the opportunity to help lead the firm into this new era of private client services,” said Casey Turner. PCMA has established a reputation for leadership and innovation in the industry, and the firm is buoyed by the strength of its leader and very accomplished management team.” Prior to joining PCMA, Casey served as Director of Compliance for LoanSnap, Inc., a venture funded, fintech mortgage origination platform, advising on operational compliance, staff training, process design, and risk management frameworks. Previously, she held the position of Director of Operations for DLJ Financial, and has served as member on Asset Liability, Enterprise Risk, and Business Strategy Committees. “It is great to have Casey join the executive management team at PCMA,” said Aron Rofer, PCMA’s President and In-House Counsel. “Our greatest asset, and the key to our continued success, are the people that make up PCMA. I am excited and looking forward to all that we will continue to accomplish as a firm with her leadership.” About PCMA PCMA is a vertically integrated Asset Origination and Convexity Management firm that specializes in Structured, Super Prime, Non-Agency, Private Client Credit. With its captive origination unit, PCMA has become the leading Non-Bank Private Client Lender in the U.S. What began as a linear venture has morphed into a vertical organization and industry leading incubator of ideas pushing the boundaries of innovation in high-capacity financial services. PCMA offers qualified individuals and institutions bespoke lending and advisory services across all major credit, and residential asset classes. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.us.com Contact Details PCMA Private Client Jason Jepson +1 949-394-7033 jason.jepson@pcma.us.com Company Website https://pcma.partners

January 04, 2022 08:00 AM Eastern Standard Time

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GENERATION INCOME PROPERTIES ANNOUNCES CONTINUED MONTHLY CASH DISTRIBUTIONS

Generation Income Properties

Generation Income Properties, Inc. (NASDAQ: GIPR) (“GIP” or the “Company”) announced today that its Board of Directors has declared continued regular monthly cash distributions of $0.054 per share of common stock for each of January, February, and March 2021. These distributions were declared pursuant to a cash distribution policy approved by the Board of Directors which targets total annual distributions of approximately $0.65 per share of common stock. The actual declaration of future cash distributions, and the establishment of record and payment dates, is subject to final determination by the Board of Directors each quarter after its review of the Company's financial performance. The declared distributions will be payable to shareholders of record on January 15, 2022, February 15, 2022, and March 15, 2022, and are expected to be paid on or about January 30, 2022, February 28, 2022, and March 30, 2022, respectively. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, relating to our monthly distribution. There can be no assurance that future distributions will be declared. The declaration of future monthly distributions is subject to approval of our Board of Directors each quarter after its review of our financial performance and cash needs. Declaration of future distributions is also subject to various risks and uncertainties, including: our cash flow and cash needs; compliance with applicable law; restrictions on the payment of distributions under existing or future financing arrangements; changes in tax laws relating to corporate distribution; the deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the Securities and Exchange Commission. About Generation Income Properties Generation Income Properties, Inc., located in Tampa, Florida, is an internally managed real estate investment corporation formed to acquire and own, directly and jointly, real estate investments focused on retail, office and industrial net lease properties located primarily in major United States cities. Additional information about Generation Income Properties, Inc. can be found at the Company's corporate website: www.gipreit.com. Forward-Looking Statements This press release, whether or not expressly stated, may contain “forward-looking” statements as defined in the Private Securities Litigation Reform Act of 1995. These statements reflect the Company’s expectations regarding future events and economic performance and are forward-looking in nature and, accordingly, are subject to risks and uncertainties. Such forward-looking statements include risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements which are, in some cases, beyond the Company’s control which could have a material adverse effect on the company’s business, financial condition, and results of operations. Some of these risks and uncertainties are identified in the Company's most recent Registration Statement on Form S-1 and its other filings with the SEC, which are available at www.sec.gov. The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company's business, financial condition, and results of operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Contact Details Generation Income Properties Investor Relations +1 813-448-1234 ir@gipreit.com Company Website https://www.gipreit.com

January 03, 2022 08:30 AM Eastern Standard Time

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Selling a Printing Business Explainer Video for Print Shop Owners

Minuteman Press International Inc

Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

December 27, 2021 10:00 AM Eastern Standard Time

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QX Augments Senior Leadership Team

QX Global Group

QX Global Group, a global leader in knowledge process outsourcing services with a significant and growing presence in North America, today announced the appointment of Sagar Ahuja as a Board Director with an additional role of CEO of QX Accounting Services. Mr. Ahuja will drive the strategic growth of the QX Accounting Services business division as well as play a vital role in ensuring overall client and customer success by further expanding the business into the North American and Australian Markets. With rich experiences spanning across more than 16 years and deep domain knowledge in providing outsourcing services to accounting firms, CPAs, and EAs across the UK, USA, Australia and New Zealand, Mr. Ahuja has led organizational development, strategic planning and leadership development mandates in his previous stints. Commenting on the appointment, Mr. Frank Robinson, Group CEO, QX Global Group, said, “We are very excited to have Sagar join our Board of Directors and lead QX Accounting Services, especially at time when QX Global Group is accelerating expansion in North America and Australia. Sagar recognizes the unique opportunity that our services provide to accounting firms in the US, Canada, UK, Ireland and Australia, which makes him a great fit for QX as we grow our business across all these regions. I know I speak for the other board members when I say that we look forward to the valuable perspective he will provide related to QX’s strategy, operations and management Sagar is an ACCA (The Association of Chartered Certified Accountants) qualified chartered accountant from the UK with an MBA from Cardiff University. His knowledge and functional expertise include a proven track record of successfully developing and leading multidisciplinary teams with a firm commitment to client servicing, establishing business and stakeholder objectives while delivering growth and profitability. He will be based in Noida, India and report to Mr. Frank Robinson. “I am thrilled to be a part of QX and have already felt the great sense of community here with my colleagues and the leadership team. This is a great time to join QX as we accelerate our global expansion plans, and develop our amazing talent to become a global leader,” says Sagar Ahuja, CEO, QX Accounting Services. QX has carved out a formidable niche in providing exceptional services in Finance and Accounting, Recruitment Consulting and Accounting Services. Organizations across fifteen industries vouch for QX’s services in key business areas such as accounts outsourcing, F&A outsourcing, back-office recruitment services, IT & business transformation advisory. The QX family of more than 2,000 professionals based out of the four delivery centres in India continues to unlock business value by improving process efficiencies and automation. About QX Global Group QX Global Group is a leading provider of business process management services. With over 17 years of accounting and recruitment process outsourcing experience, we help our clients unlock business value by improving process efficiencies and automation in the accounting and recruitment function to enable business transformation. We are based out of the UK with offices in the USA, Canada, Australia and India. Contact Details Vishal Kurani +1 646-693-9693 vishal.kurani@qxglobalgroup.com Company Website https://qxglobalgroup.com/

December 27, 2021 06:06 AM Central Standard Time

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Copper Property CTL Pass Through Trust Sells its JCPenney Distribution Center Portfolio for $557.2 Million

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (the “Trust”) announced today that it has sold its JCPenney Distribution Center Portfolio for $557.2 Million generating a blended disposition yield of 6.35% in an all-cash transaction. The portfolio is comprised of six distribution centers aggregating 10.1 million square feet and currently generates annual base rent of approximately $35.4 million. The properties are subject to a long-term triple net master lease with JCPenney. The Trust sold the six distribution centers to National Industrial Portfolio Property Owner, LLC. The net proceeds from the distribution center portfolio sale will be distributed to certificateholders along with any net proceeds generated from additional property sales in December 2021. The Trust plans to announce these distributions and its net cash provided by operations in its regular monthly report, scheduled for January 10, 2022. Commenting on the sales, Neil Aaronson, Principal Executive Officer of the Trust stated, “We are very pleased with the sale of our distribution center portfolio, which was part of the Trust’s continuing effort to sell our properties to third-party purchasers subject to market conditions and the conditions set forth in the Trust’s trust agreement. We believe this sale is demonstrative of the strong underlying market conditions, as well as the market’s recognition of the strong performance of JC Penney post reorganization.” Mr. Aaronson concluded, “As the retail industry corrects, we continue to see strong interest in our remaining 149 retail assets.” Hilco JCP, LLC, an affiliate of Hilco Real Estate, LLC and Manager of the Trust and Eastdil Secured represented the Trust in this transaction. Additional information on this sale and other pertinent details can be found on the Trust’s website, located at www.ctltrust.net. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit www.ctltrust.net. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Copper Property CTL Pass Through Trust Larry Finger | Chief Principal Officer +1 310-526-1707 lfinger@ctltrust.net IRRealized LLC Mary Jensen +1 310-526-1707 mary@irrealized.com Company Website https://ctltrust.net/about/default.aspx

December 23, 2021 03:15 PM Central Standard Time

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Nofar Energy enters the British renewable energy market with the largest energy storage project to be constructed in the United Kingdom

Nofar Energy

In line with its strategic plan, Nofar Energy ‏(TASE-NOFR) continues its global expansion by moving into the UK renewable energy market. Today, the company reported that it had entered into an agreement with Interland, an investment group that is focused on real estate and energy storage investments in the UK and Europe. Under the agreement, Nofar and Interland will jointly own a dedicated platform for the origination, development, construction, financing, and operation of battery energy storage projects in the UK, that shall be held by the JV. Nofar will hold 75% of the joint venture, and Interland the remaining 25%. The company today reported the first project of this new partnership. The report sets out an agreement entered into for the Cellarhead project, UK's largest planned battery energy storage project. The project will connect to UK's power grid using a 300 to 349 Megawatt connection, with a storage capacity of c. 700 MW/h. The estimated construction costs of the project are £214 million, with estimated annual revenues of £42 million and estimated annual EBITDA of £35.5 million respectively. The company plans to start construction in the first half of 2022 and connect it to the grid in the second quarter of 2024. Concurrently, the partnership is developing or working to develop additional battery energy storage projects on a substantial scale. Nofar's entry into the UK is a significant step in its energy storage operations. Nofar constructed and connected Israel's first project to include battery energy storage, that was connected it to the national power grid, at Kibbutz Nir-Yitzhak. Nofar has also signed strategic procurement agreements with Tesla for the supply of battery energy storage with an aggregate capacity of 300 MW/h, and developed the first facility in Israel deploying Tesla's battery energy storage systems to the power grid (at Kibbutz Shoval). The new projects add to dozens of storage facilities to be run by Nofar's partnerships across Israel. Just last week, Nofar inked an agreement with Mivne Real Estate on developing, building and maintaining storage projects with an aggregate capacity of a 400 MW/h, the largest such undertaking in Israel. Nadav Tene, CEO of Nofar Energy, said, "Nofar Energy continues to realize its expansion strategy by now entering into the battery energy storage field in the UK, which is characterized by significant growth and high yields. Moreover, battery energy storage requires specific engineering, operating, financing, and commercial expertise. The new partnership with Interland to jointly provide the UK's largest storage project represents significant progress for Nofar. It allows Nofar to leverage its entrepreneurial capabilities an organizational structure that includes global engineering and operational capabilities and leadership in the energy storage field in Israel." Tene added, "We chose Interland as our partners in this venture because of their extensive proven record in initiating real estate projects in the UK, and their abilities with respect to battery energy storage. The partnership will generate significant growth, hundreds of megawatts, and a significant return on investment. I want to congratulate our new partners on this project and thank Nofar Energy's excellent team for their devotion and professional work over the past few months. I wish us all success in the new operations." Oleg Vorobeichik, Managing Director, Interland: “Interland continues its growth and diversification into new strategic business lines. Battery energy storage is the missing link that will allow stabilising the built-in volatility in renewable energy sources and driving the shift to renewable energies. We identified battery energy storage as a strategic growth segment that has the potential to generate significant long-term returns for our group and our partners at Nofar Energy. We are excited to partner with Nofar Energy. Our joint venture’s first investment in Cellarhead is the largest battery energy storage investment in the UK and one of the largest in the world. Interland’s and Nofar Energy’s track record in designing, planning, developing, executing and operating projects as well as our combined skill set would allow us to become a leading player in the UK Battery Energy Storage market and win significant market share in the coming years. Teams from Orrick, Herrington and Sutcliffe (UK) and M. Firon and Co. (Israel) provided legal support to Nofar Energy on the joint venture arrangements with Interland. The capital markets team at Deloitte Israel served as investment bankers for the joint venture between Nofar and Interland. On the Cellarhead transaction, Nofar and Interland were advised by the energy team at Howard Kennedy LLP. Contact Details Nofar energy DIKLA IVRI +972 52-380-4085 DIKLA@IVRIPR.COM Company Website https://www.nofar-energy.com/

December 21, 2021 10:00 AM Eastern Standard Time

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