Archive for the Press Releases Category

Atlantic Coast Financial Corporation to Merge with Bond Street Holdings February 26, 2013

Atlantic Coast Financial Corporation (NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the “Bank”), today announced a strategic transaction that will achieve immediate enhanced value for all stockholders with respect to the present value of their investment, as well as a financially strong banking platform, and […]

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Infinia Corp. Partners in Two NER300 Projects Awarded by the European Commission

Projects include 75 MW in Greece (Maximus) and 50 MW in Cyprus (Helios Power) with Infinia’s PowerDishTM technologyOGDEN, UT, USA and MADRID, SPAIN – Dec. 28, 2012 – Infinia Corporation today announced involvement in two NER300 projects awarded to Helios Power and MAXIMUS by the European Commission in a […]

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Infinia and GreenTek (India) Announce Equity Investment, Joint Development Collaboration & Joint Venture in India

OGDEN, UT, USA and PUNE, INDIA – Oct. 15, 2012 – Infinia Corporation, a leader in the development of innovative, clean energy products that use its proprietary free piston Stirling generator, today announced a strategic partnership with GreenTek Systems (India) Limited (“GreenTek”), a company owned by the Kirloskar […]

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Infinia Corporation Raises $15.5 Million To Launch PowerDish© Proceeds to Enable 90MW of Annual Production and Initial Deployment for US Army

OGDEN, UT – September 5, 2012 – Infinia Corporation, a leader in the development of innovative clean energy products using its proprietary free piston Stirling generator, today announced the closing of a $15.5 million dollar capital raise led by Atlas Global Investments Management. In addition to participation from […]

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Startup of the Week: Social app Igobubble lets you leave virtual bubbles at real-world locations

Location-aware free iPhone app Igobubble relaunched its latest version this week, with a face-lift of its user experience, an all-over redesign of its brand and graphics, and a new set of features to boot. The social discovery app allows users to meet new people nearby and share photos, videos […]

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Infinia Corporation commences 1.5-megawatt PowerDish© installation in Utah

OGDEN, UT – Aug. 16, 2012 – Infinia Corporation officially broke ground on a 1.5-megawatt PowerDish project at the Tooele Army Depot, Tooele, UT. The ceremony, held August 17, 2012, included honorable attendees: Gen. Martin E. Dempsey, chairman of the Joint Chiefs of Staff; Katherine Hammack, Assistant Secretary […]

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The Asian Football Development Project

Black Pearl Capital is pleased to announce its participation in the sponsorship program for The Asian Football Development Project (AFDP) – A Jordanian Youth Commission founded and chaired by HRH Prince Ali Bin Al Hussein, that has been carefully and passionately constructed to ensure that Asia’s ability and potential […]

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Black Pearl Oilfield Services (BPOS) announces delivery of Advanced Hydraulic Workover Unit to Argentina.

Canadian Energy Equipment Manufacturing (CEEM), wholly owned subsidiary of BPOS, has delivered an Advanced Hydraulic Workover Unit rated at 225 000 lbs. to Blok Oilfield Services Argentina.  Blok Oilfield had a special requirement for a highly versatile, powerful but small footprint workover rig.  The search for the top of […]

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Infinia to Supply 25.5-Megawatt Solar Thermal Project in Cyprus

Infinia Corp., a developer of power systems that convert solar heat to electricity, said it won a contract to supply equipment to a 114 million-euro ($143 million) project in Cyprus. The U.S. company will provide so-called Stirling engines to a 25.5-megawatt plant on the east Mediterranean island, […]

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Summit Equities announces the closing of 3 new deals for Q1 2012

Summit Equities is pleased to announce the closing of 3 new transactions in the first quarter of 2012. The first acquisition is a 228-unit luxury apartment community in Greensboro, NC. The acquisition price was at a 58% discount to its $27MM historical valuation. Within 60 days of […]

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