Sale of the Delaware Basin Subsidiary

Lucid II started in the year 2015, December the company for Agave Energy on 2016 1st of September. 15 months later, Lucid II improved in its processing capacity by a percent of 750 on the system of South Carlsbad. It added 210 miles approximately of gathering pipeline natural gas. The Riverstone Holdings and Goldman Sachs Merchant banking division said their firsthand knowledge about Delaware Basin, capital accessibility, and their experience as investors of energy exclusively qualified them to be the sponsor of Lucid II’s sustained growth. The Goldman Sachs Merchant banking division and Riverstone Holdings bought Delaware Basin Subsidiary at an approximate of cash $ 1.6 billion. Transaction incorporated debt financing by Jeffers LLC. The first quarter of the year 2018, a closing was an expectation, which was subject to closing conditions and customary approvals. Lucid II reserved its name, it operated as Goldman Sachs MBD and Riverstone Portfolio Company. Members of the management team of Lucid II remained in their present roles. Assets for Lucid II contained within the transaction were located in the central of Delaware Basin and were referred to as processing systems. Assets comprised of 1700 miles of natural gas pipelines gathering approximately and each day 585 million cubic feet. Lucid II served the supermajor leading gas and oil producers. Riverstone Holdings said they were delighted to partner with Goldman Sachs MBD and Riverstone Holdings to help Lucid II reach its next phase, as it served the customers base, expanding needs. Goldman Sachs MBD expressed their excitement on the chance to partner together with Lucid II, to develop its growth being the leading processing business,...

Westfield: The Acquisition of the Decade

At the end of last year, Unibail-Rodamco SE, a company that Bloomberg calls “Europe’s largest commercial landlord” bought the Australian Westfield Corp for the equivalent of around $16 Billion. Westfield, prior to the acquisition was one of the largest shopping center owners in the world, with locations all over the United States and the United Kingdom. Frank Lowy, who has been the owner for over fifty years, has since handed over the CEO job to his son, Peter Lowy.

Chief Financial Officer of Unibail-Rodamco, Jaap Tonckens said…

Blockchain Explained – 2018 Things to Know

“What is blockchain?” was one of the most asked questions by people around the world in January. While a complex mechanism, it is basically a shared public ledger, also called a distributed database, which tracks transactions and ensures that the record of those transactions remains transparent and tamper-proof.

ADS Provides Equipment And Support In A Joint Exercise With FEMA

Hurricanes Jose, Irma and Maria were all-natural disasters that caused devastation and death in their aftermath. One of the agencies of the Department of Homeland Security of the United States is FEMA. This agency is responsible for the response and coordination when the state and local authorities in the United States have been overwhelmed by the occurrence of the disasters. The team from ADS, Incorporated had a unique opportunity on Tuesday, October 17th, 2017. They were able to attend a USAR training event of FEMA’s. They provided on-site support and equipment in Virginia Beach.

Two Global Energy Giants Coming Together For New Venture

There are plans and talks underway that could unite two oil and energy giants that are looking to join forces in a new global energy venture according to a recent article on the website. Miguel Galuccio, an oil executive and CEO with over twenty five years’ experience around the word and the largest energy private equity firm in the world, Riverside Holdings Ltd., under the leadership of founders David Leuschen and Pierre Lapeyre, are the two powerhouses said to be in private talks.

The Hotels That Will Provide You The Most Out Of Your Stay In Camana Bay

Camana Bay is a festive and lively water-front town in Grand Cayman, where visitors can shop, engage in fun activities and dine at some of the finest restaurants. Situated in the heart of the Seven Mile Beach and near upscale hotels and resorts, Camana Bay is also known as the premier shopping center of the Grand Cayman. Besides the duty-free designer boutiques and shops, this town offers a variety of cafes and eateries to satisfy every craving from local and international cuisines, including Caribbean-inspired dishes, seafood, Asian, Italian, and casual eateries. In the evening the town’s vibrant nightlife continues as visitors and locals head to the lively bars, restaurants, and movie theaters. This island is such a well-known destination for food lovers that people from all over the globe travel to this island to enjoy the annual Food & Drink Festival hosted by Camana Bay. Camana Bay has something for everyone, from relaxing on the white sandy beaches, exploring the town, sightseeing, or enjoying the diverse cuisines. The easy access footpath to Camana Bay from the Seven Mile Beach makes it effortless to walk to hotels, beaches, restaurants, and numerous activities. Activities For visitors looking for thrilling adventures, the Seven Mile Beach has a variety of fun things to do. The Seven Mile Beach is located on the west shore of the Grand Cayman and minutes away from Camana Bay. Travelers from all over the world are lured in by the pristine turquoise waters to enjoy all the activities, such as snorkeling, scuba diving, swimming with friendly stingrays, jet skiing and so much more. Hotels & Resorts Almost every...
Resources for companies looking to hire people with disabilities

Resources for companies looking to hire people with disabilities

SourceAmerica has helped connect the disabled and businesses together in the following employment areas: administrative services, aircraft industry, electrical equipment/supplies, textile, equipment industry, IT services, food processing/services, packaging/distribution, laundry, medical, dental, office supplies, supply chain/warehouse services, facilities management and more.

C-III Under New Management

Since July 7th 2017, the new president of C-III Asset Management has been Barry Davis. Davis joined C-III in 2010 after the addition of Centerline’s servicing business. Davis took the position as chief operating officer position in 2011. Davis along with Lindsey Wright and Jenna Unell make up the new face of C-III’s executive management team. Wright has joined the management team as senior managing director and Unell has joined as general counsel. The firm is run under the leadership of Andrew Farkas, who serves as Chairman and CEO.