LRE

Leeward Renewable Energy Operations Announces the Posting of Year End 2023 Financial Results and May 10 Investor Call

Retrieved on: 
Wednesday, May 1, 2024

Leeward Renewable Energy Operations, LLC (“LREO”) today announced that it has posted to its secure investor relations site key operating and financial 2023 Year End results.

Key Points: 
  • Leeward Renewable Energy Operations, LLC (“LREO”) today announced that it has posted to its secure investor relations site key operating and financial 2023 Year End results.
  • Investors who hold LREO’s 4.250% Senior Notes due in 2029, prospective investors, broker-dealers, and securities analysts, are invited to join the investor call.
  • Details to access the investor call have been posted to LREO’s secure investor relations site.
  • LREO’s parent company, Leeward Renewable Energy, LLC (LRE), released its inaugural Sustainability Highlights Report in April 2024.

Leeward Renewable Energy Releases Inaugural Sustainability Highlights Report

Retrieved on: 
Thursday, April 25, 2024

Leeward Renewable Energy (LRE) today released its inaugural Sustainability Highlights Report, showcasing the Company’s key sustainability activities, environmental performance, and commitments as a leading renewable energy company in the United States.

Key Points: 
  • Leeward Renewable Energy (LRE) today released its inaugural Sustainability Highlights Report, showcasing the Company’s key sustainability activities, environmental performance, and commitments as a leading renewable energy company in the United States.
  • The 2022 – 2023 Sustainability Highlights Report , titled “Powering with Purpose,” outlines LRE’s progress in three key areas: empowered teams; clean energy excellence; and thriving environments and communities.
  • Advanced a low-carbon1 future: Helping customers reach their clean energy goals, LRE increased its renewable energy capacity by 61 percent in 2022 – 2023, producing approximately 13.9 million megawatt-hours (MWh).
  • The 2022-2023 Report is a key step in LRE’s efforts to evolve its sustainability strategy, policies, measurement, and reporting.

Lead Real Estate Co., Ltd ENT TERRACE AKIHABARA Hotel Recognized for Booking.com’s Traveller Review Awards 2024

Retrieved on: 
Monday, April 8, 2024

Booking.com’s Traveller Awards is an esteemed list of international properties based on over 308 million customer reviews.

Key Points: 
  • Booking.com’s Traveller Awards is an esteemed list of international properties based on over 308 million customer reviews.
  • The final review score was calculated on December 1, 2023, based on reviews received in the previous three years.
  • “Our ENT TERRACE AKIHABARA property, which opened to customers in February 2023, demonstrates our continued dedication to developing exceptional properties and experiences for long-term travel.
  • This is the second hotel that the Company has developed for the ENT TERRACE brand, with the other one located in Asakusa.

Leeward Renewable Energy Completes Construction and Commences Commercial Operations at Horizon Solar Project

Retrieved on: 
Thursday, April 4, 2024

Leeward Renewable Energy (LRE) today announced that it completed construction and commenced operation of its 200-megawatt (MW) Horizon Solar Project.

Key Points: 
  • Leeward Renewable Energy (LRE) today announced that it completed construction and commenced operation of its 200-megawatt (MW) Horizon Solar Project.
  • Located near Pearsall in Frio County, Texas, the project will provide Verizon Communications Inc. (“Verizon”) renewable energy under a previously announced Renewable Energy Purchase Agreement (REPA).
  • Throughout the operational lifespan of Horizon Solar, greenhouse gas emissions avoided are estimated to be equivalent to powering 1.2 million Texan households.
  • “LRE is pleased to have completed another successful project that will provide our longstanding customer, Verizon, with renewable energy,” said Omar Aboudaher, LRE's Sr. Vice President, Development.

Leeward Renewable Energy Signs Power Purchase Agreement with Microsoft for Morrow Lake Solar and Cradle Solar Facilities

Retrieved on: 
Wednesday, March 27, 2024

Leeward Renewable Energy (“LRE” or “Company”), a leading renewable energy company, today announced that it has entered into two 200-megawatt (MW) Power Purchase Agreements (PPA) with Microsoft Corp. (“Microsoft”).

Key Points: 
  • Leeward Renewable Energy (“LRE” or “Company”), a leading renewable energy company, today announced that it has entered into two 200-megawatt (MW) Power Purchase Agreements (PPA) with Microsoft Corp. (“Microsoft”).
  • Through these PPAs, Microsoft will purchase the power generated from two 200-MW LRE solar facilities currently under development: Morrow Lake Solar in Frio County, Texas, and Cradle Solar in Brazoria County, Texas.
  • In Frio County, the Morrow Lake Solar project has created 313 construction jobs, with 112 being local hires.
  • Construction at the Morrow Lake Solar facility is underway and is expected to be completed by the fourth quarter of 2024.

Leeward Renewable Energy Names Nate Graham Chief Technology Officer

Retrieved on: 
Monday, March 25, 2024

Leeward Renewable Energy (“LRE” or “Company”), a leading renewable energy company, today announced that it has appointed Nate Graham as Chief Technology Officer (CTO).

Key Points: 
  • Leeward Renewable Energy (“LRE” or “Company”), a leading renewable energy company, today announced that it has appointed Nate Graham as Chief Technology Officer (CTO).
  • “Nate brings a wealth of experience in information technology, cybersecurity, and leadership roles, and he will be instrumental in shaping LRE’s enterprise-wide IT operations and accelerating LRE’s future technology deployment, promoting innovation and strengthening operational resiliency,” said Allen.
  • Throughout his 23-year career, he served as Chief Information Security Officer (CISO) at Enable Midstream Partners and held senior leadership roles at ConocoPhillips and Devon Energy.
  • Graham received his bachelor’s degree in Business Administration & Management from Oklahoma Wesleyan University and a master’s degree in Energy Management from Oklahoma City University.

Lead Real Estate Co., Ltd Announces Contracts to Build Three Luxury Family Hotels

Retrieved on: 
Wednesday, February 7, 2024

Tokyo, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture and Sapporo, today announced the receipt of contracts to construct three luxury family type hotels in Japan.

Key Points: 
  • Tokyo, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture and Sapporo, today announced the receipt of contracts to construct three luxury family type hotels in Japan.
  • This property will start construction in March 2024 with a scheduled completion in October 2024.
  • Each of the properties will be equipped with a gym, kitchen, bathroom, laundry, and work space.
  • “We are excited to receive these contracts,” said LRE chief executive officer Mr. Eiji Nagahara, “Family type hotels are currently enjoying exceedingly high occupancy rates across Japan and usually remain fully booked shortly after opening.

Leeward Renewable Energy Completes GSG Wind Repower

Retrieved on: 
Thursday, January 25, 2024

Leeward Renewable Energy, LLC (LRE) today announced that it has completed the repowering of its GSG Wind project located in Lee and LaSalle Counties, Illinois.

Key Points: 
  • Leeward Renewable Energy, LLC (LRE) today announced that it has completed the repowering of its GSG Wind project located in Lee and LaSalle Counties, Illinois.
  • As previously announced, Verizon Communications signed a renewable energy purchase agreement for the project in January 2022.
  • The 80-megawatt (MW) GSG Wind repower involved decommissioning 40 wind turbines and constructing 26 new turbines.
  • GSG Wind will now be able to generate 50 percent more energy with a smaller footprint, creating a more efficient facility with lower operating and maintenance costs.

Lead Real Estate Co., Ltd Reports Positive Response from Buyers at Shanghai Luxury Property Show

Retrieved on: 
Wednesday, January 3, 2024

Tokyo, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture and Sapporo, today reported that the Company received a strong attendee turnout in its exhibit booth at the Shanghai Luxury Property Show Real Estate Exhibition held in China from December 8 to December 10, 2023 (the “Shanghai LPS”).

Key Points: 
  • Tokyo, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture and Sapporo, today reported that the Company received a strong attendee turnout in its exhibit booth at the Shanghai Luxury Property Show Real Estate Exhibition held in China from December 8 to December 10, 2023 (the “Shanghai LPS”).
  • More than 100 potential customers, including Chinese luxury home and hotel buyers, visited LRE’s booth at the Shanghai LPS, and many expressed interest in the Company’s properties.
  • A prominent Chinese real estate buyer is currently visiting Japan to view this property, as well as several other luxury LRE condominiums, according to the Company.
  • The Shanghai LPS featured more than 140 exhibitors from 35 countries and more than 6,200 visitors.

SJI and Captona Announce Construction of one of the Largest Food Waste-to-RNG Facilities in the US

Retrieved on: 
Wednesday, December 20, 2023

SJI, Captona, and RNG Energy Solutions today announce their partnership to construct one of the largest food waste-to-renewable natural gas (RNG) projects in the United States.

Key Points: 
  • SJI, Captona, and RNG Energy Solutions today announce their partnership to construct one of the largest food waste-to-renewable natural gas (RNG) projects in the United States.
  • This marks SJI’s first non-utility led anaerobic digester project that will directly connect its utility customers with a New Jersey-based RNG producer.
  • Elizabethtown Gas, one of SJI’s primary utility subsidiaries, will blend the RNG from the Project into its existing natural gas distribution system.
  • The LRE Project includes development and construction of multiple off-site food waste pre-processing and depackaging operations in New York City, New York State and New Jersey.