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Coke is said to be considering tapping two Atlant a landfills as a source of clean-burning natural gas. Methane is naturally produced durint decomposition oflandfill waste. , which owns the gas rightd at DeKalb County’s Live Oak landfill, hopez to process methane gas from the nearby Hickoryu Ridge landfillinto clean-burning natural gas. An out-of-state utilituy has expressed interest in investing inthe project, a sourcwe said. “There’s no secref that we have talked to a number of potentiapl partners about joining us onthe [Livwe Oak] project,” Jacoby Group’s John Borden Those potential partners includwe utilities and private equity investors.
Negotiationz are under way, but “wse do not have the entire deal even under letter of muchless contract,” said an official with Atlanta-based Global Energy Systems, a subsidiary of (Amex: Global Energy paid more than $3 milliob to acquire the Hickory Ridge landfill gas purchasde rights. While Coca-Cola declined to comment on any involvementt with the potentiallandfill project, the company wantz to add some green to its trademark red. “Our aspirationalk goal is to growthe business, not the said Bruce Karas, director of sustainability, environment and safetyy at Coca-Cola North America. “Energy projectzs are really the sweet spotfor sustainability.
” Live Oak is the largesy renewable energy program involving methane gas in the states and one of two operatione of its kind in Georgia. The landfill, whichu closed in 2004 and is said to have an atleast 20-year supply of methane, produces enough naturap gas to fuel about 22,000 homes. The conversiom method used at Live Oak involves capturintg the emittedmethane gas, removing the compressing the gas and filterinbg it through a membrane to removs impurities. Jacoby has partnered with to distributd the natural gas generated atLive Oak. “Any deal we do woulcd preserve theexisting relationships,” Borden noted.
The Hickor Ridge landfill is expected to produce atleasg 2,000 standard cubic feet of landfill gas per Mike Ellis, president of Global Energuy Systems told Biomass Magazinee in February. Global Energy will construct a pipelines to transport it to its gasconditioniny facility, where it will be converted into a saleablw energy product, the magazine noted. Global which has gotten hit bythe recession, is sellinfg assets — including real estate — to raise cash to invest in its biomass, landfill gas and energy services business, Ellis told Atlanta Businesse Chronicle. “We are liquidating assets and selling assetse to put intoenergy products,” Ellis said.
In April, the diversifiecd renewable energy company’s accounting firm issuesd a “going concern qualification” raising substantial doubt about its abilitg to remainin business. Coca-Cola is investing in long-termn “energy innovation” such as fuel cell technology to powere its facilities and directfire water-heating technology nearly a third more efficientr than conventional boilers — for syruo manufacturing. The company switched 70 percent of its fleet of 800 salez vehicles to hybrids last As ofsummer 2008, the company had saved about $400,009 in fuel costs, Karas said. At its Paw Paw, Mich.
-basede juice manufacturing plant, Coke is recycling biogas, produced in the wastewater treatment process, into an energy source to power boilers. That process promises to reduc ethe plant’s natural gas consumption by 10 percent and save Coke “hundredws of thousands of dollars” annually. Coke plan to reduce its global CO2 emissions by 5 percentby 2015, Karas “Only by doing these kinds of combinations of efficiencuy plus innovation can you get he said. The returh on investment for environmental Karas said, cannot be measured just by the corporats bottom-line.
“If I can have a project that gives me a 10 percenyt offset on a natural resourcethat I’nm using, the savings are huge,” he “There’s really not an issue with justifying
Tuesday, February 12, 2013
Wednesday, February 6, 2013
Big Island home and condo prices fall - Pacific Business News (Honolulu):
firukendu-anchored.blogspot.com
The median price of a single-family home on the Big Island in May was a 27 percent drop from May when the pricewas $415,000, according to the . That figure was basec on 100 sales, down 6.5 percent from the 107 sales in the same montu theyear before. The median price of a condominiumk on the Big Island last month was a 31 percent drop from the previous when itwas $450,000. However, that was basex on just 31 sales, down from 39 salee in May 2008. The prices are in line with year-to-dates trends. The median price of a Big Island single-famil y home for the first five months of the year was down 26 percentfrom $385,000 during the same period in 2008.
That was baseed on 424 sales, down 18 percent from 2008. The mediam price of a Big Islandc condo from January through Maywas $295,000, a 39 percent drop from the same periofd last year, when it was That was based on 107 sales, down 41 percenrt from the same period in 2008.
The median price of a single-family home on the Big Island in May was a 27 percent drop from May when the pricewas $415,000, according to the . That figure was basec on 100 sales, down 6.5 percent from the 107 sales in the same montu theyear before. The median price of a condominiumk on the Big Island last month was a 31 percent drop from the previous when itwas $450,000. However, that was basex on just 31 sales, down from 39 salee in May 2008. The prices are in line with year-to-dates trends. The median price of a Big Island single-famil y home for the first five months of the year was down 26 percentfrom $385,000 during the same period in 2008.
That was baseed on 424 sales, down 18 percent from 2008. The mediam price of a Big Islandc condo from January through Maywas $295,000, a 39 percent drop from the same periofd last year, when it was That was based on 107 sales, down 41 percenrt from the same period in 2008.
Friday, February 1, 2013
Crescent Resources files Chapter 11 - Pacific Business News (Honolulu):
haygoodfoafyga1359.blogspot.com
The Charlotte-based development firm’s chief executive, Arthur Fields, has retiredr and will work with Crescent in an advisory thecompany says. Andrew Hede, Crescent’sx chief restructuring officer, has been named CEO. “We have been in activw discussions with our lenders and other stakeholderss as we work towards an agreement that will brinbg our capital structure in line with the currentyeconomic environment,” Hede Crescent has more than 5,000 creditors, according to its Its assets are estimated at more than $1 The local projects listed in the Chapter 11 filing includ Piedmont Row and The Sanctuary at Lake Wylie.
Crescent says it intends to operate its continuing businesses without any significant interruption during therestructuringt process. The company says that’s possibles because of a recentlyobtained debtor-in-possession financing facility of $110 millioh from a group of its existing lenders. As part of the Chapter 11 filing, Crescent says it seeks court approval “t o make certain payments and to maintain key agreementswith customers, vendors and partners of continuinv operations to ensure the company can maintaijn its commitment to delivering a high leve of amenities and services.
” Crescent says the filing is necessary to reorganize its finances, reduce its debt level and improve its capital “We intend to reach an agreement on our new capitalo structure and emerge from bankruptcyu quickly,” Hede says. The Chapter 11 petitions were filed inthe U.S. Bankruptc y Court in the Western Districttof Texas, Austin The company has 120 days from the filing date to submit a reorganization plan. A hot line has been set up as part of the Crescentt restructuringat (877) 204-8611. Attorney Eric Taubd of LLP in Austin, will represent Crescent in the proceedings. , Ranger Construction Co., and are amongt Crescent’s largest unsecured creditors in Charlotte.
In the Charlotte Business Journal reported that Crescenf had adopted an aggressive new businesx strategy driven bya $1.2 billiohn term loan that must be paid in full by Septembee 2012 — selling assets at fire-sale prices. In Crescent sold 4,500 acres in Berkeley S.C., to for $40 million. In December, the companu sold a Florida apartment projectfor $11.35r million, less than half the $27 million it paid for the comple three years earlier. This year, the firm has closec on the sale ofa 773-acre tract of land in Oconeee County, S.C., for just over $10 Locally, Crescent recently sold 18.4 acres in Fort Mill to a warehousinyg company for $1.6 million.
The company jointly owned by and — is best knowhn here for high-end real estate communities such as The Peninsulaz and BallantyneCountry Club. Beforde the Chapter 11 filing, Crescent faced payments of $50 milliob by the end of this year, $75 million in 2010 and $100 millioh in 2011 on its
The Charlotte-based development firm’s chief executive, Arthur Fields, has retiredr and will work with Crescent in an advisory thecompany says. Andrew Hede, Crescent’sx chief restructuring officer, has been named CEO. “We have been in activw discussions with our lenders and other stakeholderss as we work towards an agreement that will brinbg our capital structure in line with the currentyeconomic environment,” Hede Crescent has more than 5,000 creditors, according to its Its assets are estimated at more than $1 The local projects listed in the Chapter 11 filing includ Piedmont Row and The Sanctuary at Lake Wylie.
Crescent says it intends to operate its continuing businesses without any significant interruption during therestructuringt process. The company says that’s possibles because of a recentlyobtained debtor-in-possession financing facility of $110 millioh from a group of its existing lenders. As part of the Chapter 11 filing, Crescent says it seeks court approval “t o make certain payments and to maintain key agreementswith customers, vendors and partners of continuinv operations to ensure the company can maintaijn its commitment to delivering a high leve of amenities and services.
” Crescent says the filing is necessary to reorganize its finances, reduce its debt level and improve its capital “We intend to reach an agreement on our new capitalo structure and emerge from bankruptcyu quickly,” Hede says. The Chapter 11 petitions were filed inthe U.S. Bankruptc y Court in the Western Districttof Texas, Austin The company has 120 days from the filing date to submit a reorganization plan. A hot line has been set up as part of the Crescentt restructuringat (877) 204-8611. Attorney Eric Taubd of LLP in Austin, will represent Crescent in the proceedings. , Ranger Construction Co., and are amongt Crescent’s largest unsecured creditors in Charlotte.
In the Charlotte Business Journal reported that Crescenf had adopted an aggressive new businesx strategy driven bya $1.2 billiohn term loan that must be paid in full by Septembee 2012 — selling assets at fire-sale prices. In Crescent sold 4,500 acres in Berkeley S.C., to for $40 million. In December, the companu sold a Florida apartment projectfor $11.35r million, less than half the $27 million it paid for the comple three years earlier. This year, the firm has closec on the sale ofa 773-acre tract of land in Oconeee County, S.C., for just over $10 Locally, Crescent recently sold 18.4 acres in Fort Mill to a warehousinyg company for $1.6 million.
The company jointly owned by and — is best knowhn here for high-end real estate communities such as The Peninsulaz and BallantyneCountry Club. Beforde the Chapter 11 filing, Crescent faced payments of $50 milliob by the end of this year, $75 million in 2010 and $100 millioh in 2011 on its
Sunday, January 27, 2013
Five ex-judges will ultimately decide names of caretakers - The News International
moakhamet84.blogspot.com
Five ex-judges will ultimately decide names of caretakers The News International ISLAMABAD: The five former superior court judges, who form the Election Commission of Pakistan (ECP), are going to eventually decide the caretaker prime minister and four interim chief ministers if political parties fail to do so with a consensus. A ... |
Saturday, January 12, 2013
Rowers pulling together after arson attack - This is Hull and East Riding
adepylex.blogspot.com
This is Hull and East Riding | Rowers pulling together after arson attack This is Hull and East Riding "If we took them down to see a burnt out building, it wouldn't have given a great first impression so we had to pull together to make the boathouse presentable. "We had fantastic support and we were able to turn the clean-up, which included the ... |
Friday, January 11, 2013
Emeryville included in first BOE sweep to check business registrations, taxes - East Bay Business Times:
moffaiqohegesa1490.blogspot.com
This new enhanced compliance effory is slated tobegin mid-September. The firsgt areas to get visits under this progra mare Emeryville, San Jose, Van Nuys, Torrance, Santwa Ana and Perris. The BOE estimatedx that over 3 percent of businessess operating in California do so without the appropriatw permits or licenses that allow for collection of salees anduse tax, as well as other taxes and Non-compliance is a part of the more than $2 billion sales and use tax gap, the agency Checks will begin for sellers' permits of all storefronts and othet known business locations with seven teams going door to door.
Registeredd retailers will be checker for appropriate permits and licenses as well as servicesindustry businesses, especially if the particulae service industry also sells taxable retail The BOE collects more than $53 billionh annually in taxes and fees supporting statw and local government services.
This new enhanced compliance effory is slated tobegin mid-September. The firsgt areas to get visits under this progra mare Emeryville, San Jose, Van Nuys, Torrance, Santwa Ana and Perris. The BOE estimatedx that over 3 percent of businessess operating in California do so without the appropriatw permits or licenses that allow for collection of salees anduse tax, as well as other taxes and Non-compliance is a part of the more than $2 billion sales and use tax gap, the agency Checks will begin for sellers' permits of all storefronts and othet known business locations with seven teams going door to door.
Registeredd retailers will be checker for appropriate permits and licenses as well as servicesindustry businesses, especially if the particulae service industry also sells taxable retail The BOE collects more than $53 billionh annually in taxes and fees supporting statw and local government services.
Wednesday, January 9, 2013
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