TRC Companies, Inc. (NYSE:TRR) announced that it has executed a second Exit Strategy® based, risk-sharing transaction with a Midwestern municipal corporation representing a number of cities for the cleanup of multiple solid waste landfills. The contract value is estimated at $10.8 million. TRC began working with the client in 2010 to manage their environmental risk and properly cleanup two landfills in accordance with regulatory requirements. Through this second Exit Strategy transaction, TRC will continue delivering consultative risk management services to achieve project completion at two additional landfills.
TRC Companies, Inc. provides consulting, engineering, and construction management services in the United States. It operates in three segments: Energy, Environmental, and Infrastructure.
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Cleantech Transit Inc (CLNO)
Solar energy is not only sustainable, it is renewable and this means that we will never run out of it. It is about as natural a source of power as it is possible to generate. Not only are we able to refuel our vehicles with it we can heat our water and light our homes.
We can generate our own source of electricity via solar panels potentially enabling us to live off grid. In other words we need not be dependent on the public utility companies to supply our power and we also won’t be required to pay out for power.
The creation of solar energy requires little maintenance. Once the solar panels or troughs have been installed and they are brought up to maximum efficiency there is little else to do to ensure they are in working order.
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).
Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company’s ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
For more information about CLNO, visit www.cleantechtransitinc.com
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Albemarle Corporation (NYSE:ALB) announced that it will increase prices of SAYTEX HP-900 (P)/(G) (hexabromocyclododecane) by $2.50/kg on global shipments beginning October 1, 2011, or as contracts allow. Albemarle’s brominated flame retardants are part of the Company’s fire safety solutions within the polymer solutions business segment.
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals in the United States and internationally.
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SunTrust Banks, Inc. (NYSE:STI) announced key leadership additions in Commercial Banking and Asset Based Lending. Brian Peters, a 16-year SunTrust veteran with more than 25 years of experience in the financial services industry, has been named head of the Commercial Banking Line of Business, reporting to Amy Medendorp, Diversified Commercial Banking executive. Based in Atlanta, Mr. Peters is responsible for commercial banking growth and operating strategy, product sales and client service delivery. Most recently he helped build and lead SunTrust Robinson Humphrey’s Consumer & Retail Investment Banking Group. Prior to that, he served as head of the Financial Services & Technology Investment Banking Group.
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank, which provides various financial services to consumer and corporate customers in the United State.
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