Saturday, July 23, 2011

Edison Mission Group Dedicates Wind Project in Minnesota Capable of Providing Power to About 10,000 Homes






LAKE BENTON, MN.--(BUSINESS WIRE)--A wind project capable of producing enough power to meet the energy needs of about 10,000 homes was dedicated today by Edison Mission Group (EMG), parent company of project operator Edison Mission Energy.

“It is imperative that we develop more self-sufficient energy resources in this country. Energy from renewable sources protects our nation’s farmland, boosts the rural economy and makes our rural communities even better places to live.”

The electricity the Community Wind North Project produces is being sold under a 20-year power purchase agreement to Xcel Energy’s Northern States Power Co.

“This dedication is made all the more special by the fact that we got our start in the renewable energy business in Minnesota in 1998 and have built on that to become one of the largest wind developers in the U.S.,” said Pedro Pizarro (top right photo), president of EMG, a subsidiary of Edison International (NYSE:EIX).

“It’s especially significant that this project came to life because of the can-do spirit of 150 local investors, who have worked toward this day for eight years with great support from local, state and federal agencies,” he added. “Thanks to their vision, Community Wind North will bring economic benefits and a source of clean energy to this region for years to come.”

“Wind energy is important to the economies of rural Minnesota,” Rep. Collin C. Peterson, D-Minn (middle left photo)., said. “I’ve been a strong supporter of the programs and partnerships that make this kind of project possible, and I congratulate all the local investors and officials who came together to make this project a reality.”

“The USDA is proud to have played a role in this important project,” said Colleen Landkamer (middle right photo), state director, United States Department of Agriculture Rural Development Office. “It is imperative that we develop more self-sufficient energy resources in this country. Energy from renewable sources protects our nation’s farmland, boosts the rural economy and makes our rural communities even better places to live.”

 Southwest Wind Consulting LLC, the Community Energy Developers Board and Lincoln County Enterprise Development Corp. jointly developed the project, which has benefited from more than $3 million in U.S. Department of Agriculture grants. The Minnesota Public Utilities Commission approved the contract with Northern States Power.

Community Wind North is in Lincoln County, about six miles west of Lake Benton, along Minnesota’s Buffalo Ridge. A dozen 2.5-megawatt Clipper turbines there will produce enough power to meet the energy needs of about 10,000 homes.

EMG invested $58 million to build the project, which created 120 jobs and injected an estimated $15 million into the local economy during construction. The project also will benefit the local and state economies through about $28 million in taxes and fees paid over the next 20 years.

EMG is the seventh largest developer of wind energy projects in the U.S., with a portfolio of 29 projects and nearly 2,000 megawatts of wind power capacity in operation or under construction in 11 states. The company has a pipeline of approximately 3,600 megawatts of potential, additional projects.


With offices in Santa Ana, Calif., EMG manages the competitive power generation business of Edison International, an electric power generator and distributor, and an investor in infrastructure and renewable energy projects.

Contacts
Edison Mission Group
Media relations:
Susan Olavarria, 312-952-2817
Investor relations:
Scott Cunningham, 626-302-2540

Fidelity National Timber Resources, Inc. Announces Plans to Open a Tom Weiskopf Designed Golf Course in Idaho by Spring 2012

  


JACKSONVILLE, FL /PRNewswire/ -- Fidelity National Timber Resources, Inc. ("FNTR") a wholly-owned subsidiary of Fidelity National Financial, Inc. (NYSE: FNF), is pleased to announce its plans to open the Tom Weiskopf  (top right photo) designed golf course tentatively named The Rock Creek Club of Idaho (formerly known as Black Rock North) in the late spring of 2012.

 This world class golf course is located on approximately 1,000 acres of beautiful rolling terrain situated on the bluffs above Lake Coeur d'Alene and is conveniently located only minutes from downtown Coeur d'Alene, Idaho.  The property also has preliminary entitlements for 330 residential units. 

For a complete copy of the company’s news release, please contact
Daniel Kennedy Murphy, Senior Vice President and Treasurer, +1-904-854-8120, dkmurphy@fnf.com

TTR Sotheby’s International Realty Sells Kalorama Residence of the Late Sen. Edward M. Kennedy


 

Washington, DC, July 23, 2011 --(PR.com)-- TTR Sotheby’s International Realty (TTR/SIR) announced today that it has sold the Kalorama home (top left photo) of the late Senator and Mrs. Edward M. Kennedy.

TTR/SIR brokers Jean and Tim Hanan sold the former Kennedy Estate, listed for $6,995,000.

The gracious Federal-style home of the late Senator and Mrs. Edward M. Kennedy was complete with grand entertaining spaces that hosted national and international dignitaries, fundraising receptions, and numerous family gatherings.

 The home features a large gourmet kitchen and dining room that hosts up to 50 guests. The family level contains a luxurious master suite with balconies overlooking the garden, and six additional bedrooms and en-suite bathrooms. This special residence is also complete with five fireplaces, exercise room, elevator, an office with built-ins, and a wine cellar.

The Kennedys had lived on the property since 1998.

The Sotheby’s International Realty network currently has more than 10,700 sales associates located in over 500 offices in the United States and 40 other countries and territories.

TTR Sotheby’s International Realty has been the exclusive affiliate for the Washington, DC metropolitan area since 2006. The 23 year-old firm now has 150 agents with four offices in the District of Columbia, McLean, VA and Chevy Chase, MD.

 For more information, visit www.ttrsir.com.

Contact Information

TTR Sotheby's International Realty
David DeSantis
(202) 333-1212

Crossman & Company Ranked One of Florida’s Best Places to Work and Among the Top 100 U.S. Real Estate Management Companies



ORLANDO, FL--- Crossman & Company, the Orlando based retail management, leasing and development company, was recently named one of the top 100 real estate management companies in the U.S.

 John Crossman (top right photo), president of Crossman & Company, said Retail Traffic magazine, a leading U.S. trade publication, named Crossman & Company the 40th largest retail property management firm in the U.S. based on gross leasable area (GLA).   

Crossman & Company reported it manages more than 45 properties that total more than 16 million square feet of retail space.

 Florida Trend magazine recently named Crossman & Company one of Florida’s Best Places to Work, Crossman said. Crossman & Company ranked as Florida’s 18th best place to work based on training and professional support, turnover, corporate culture, compensation and benefits.

 Crossman & Company’s most notable clients include Florida based Publix Super Markets, Inc. and Orlando Fashion Square.

For more information, contact:
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com
Larry Vershel, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com




NAI Realvest negotiates new long-term lease with statewide Medicare pharmaceutical supplier for 14,504 SF at Monroe CommerCenter North in Sanford, FL




MAITLAND, Fla. --- NAI Realvest recently negotiated a new seven-year lease agreement for 14,504 square feet of industrial space at Monroe CommerCenter North (top left photo) in Sanford.      

 Michael Heidrich, a principal at NAI Realvest, negotiated the transaction representing the landlord, Maitland-based COP-Monroe North, LLC.  

 The new tenant, Omnicare Pharmacy of Florida, LP headquartered in Covington, KY, leased suite 1030 at 4150 Church Street in the industrial center.  Alex Beacham of UGL Services-Equis Operation represented Omnicare, a Medicare supplier and provider.

For more information, contact:
Michael Heidrich, Principal, NAI Realvest 407-875-9989 mheidrich@realvest.com
Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com