Sentences with phrase «on capital projects for»

Gov. Andrew Cuomo defended his record of spending on capital projects for the New York City subways, saying critics who question the use of funds for other transportation efforts are «full of baloney.»

Not exact matches

But two years later, he decamped for Europe, obtaining an MBA at the Rotterdam School of Management and later working on construction projects for Barclays Capital in London before returning to Vanbots in 2005.
Pilbara Minerals has announced the biggest capital raising by a Western Australian company for 2016, which it will use to fund development of its Pilgangoora lithium project, while also announcing it will put its new Tabba Tabba plant on ice.
Perth - based Sheffield Resources has tapped investors for a $ 17.1 million capital raising to fund completion of a bankable feasibility study on its $ 271 million Thunderbird mineral sands project near Derby.
The NOCs are being approached by lawyers and investment bankers not just from Calgary but from Houston and Melbourne too, seeking patient capital for long - timeline projects while equity prices for energy companies have been steadily sinking on stock markets despite the high price of oil.
WASHINGTON, D.C. - Participation of World Bank President Jim Yong Kim in Panel Discussion on» Building Human Capital: A Project for the World».
For a 110,000 barrel per day mine, each additional billion spent on start - up capital translates to about $ 525 - $ 560 billion million fewer taxes and royalties (in today's dollars) over the 40 year life of the project.
Including investments in consumer companies he holds through Maveron, a venture capital firm he co-founded — and the tens of millions of dollars of equity he owns in Groupon (GRPN) as a director — his net worth is in the neighborhood of at least $ 2 billion, which isn't bad for a kid who grew up in the projects of Brooklyn, on the seventh floor at 1560 East 102nd St. Obama himself, according to Schultz, said he was «very aware of my personal story.»
The project shows a capital payback for the initial $ 158m capital outlay of just 2.6 years and it has a sizeable net present value of US$ 482m or AUD$ 638m based on a credible discount rate of 12 %.
He has arrived at our meeting with a thick textbook on venture capital and is planning to raise a round of funding for his newest project, Ardefact, a luxury shopping site that has a crowdsourced procurement element baked into the mix.
While all of these infrastructure policy programs have an explicit focus on accelerating capital formation for infrastructure, they rest on the assumption that information about viable projects is readily available within the economy.
At the same time, Byrne has put Overstock's retail business up for sale, looking to focus exclusively on the activities of Overstock's blockchain arm Medici, and De Soto, Inc, a new project with Peruvian economist Hernando de Soto Polar, which aims to apply blockchain to formalize informal property rights to unlock capital.
Right now what is missing is an appreciation for a once - in - a-lifetime opportunity to earn outsized returns on capital projects since funding costs are held artificially low.
For a mine project like Suncor's Fort Hills, with about 25 per cent of construction already completed, the forward - looking decision would imply a return on the balance of capital invested of 12.5 per cent — now, the project returns overall might be lower than that, but when you're considering a decision to abandon a partially built mine, you're not likely to get much of a return on they money you've already invested in it if you don't continue building.
Forward - looking statements may include, among others, statements concerning our projected adjusted income (loss) from operations outlook for 2018, on both a consolidated and segment basis; projected total revenue growth and global medical customer growth, each over year end 2017; projected growth beyond 2018; projected medical care and operating expense ratios and medical cost trends; our projected consolidated adjusted tax rate; future financial or operating performance, including our ability to deliver personalized and innovative solutions for our customers and clients; future growth, business strategy, strategic or operational initiatives; economic, regulatory or competitive environments, particularly with respect to the pace and extent of change in these areas; financing or capital deployment plans and amounts available for future deployment; our prospects for growth in the coming years; the proposed merger (the «Merger») with Express Scripts Holding Company («Express Scripts») and other statements regarding Cigna's future beliefs, expectations, plans, intentions, financial condition or performance.
Putting Nelson Petz on DuPont's board struck many of them as a low - cost means, with little downside risk, of keeping DuPont «in play» and signaling the shareholders» desire for more spinoffs and less investment in long - term capital projects, including research and development.
New Energy Capital Partners, LLC («NEC»), a leading alternative asset management firm focused on debt and equity investments in small - and mid-sized clean energy infrastructure projects and companies, today announced that it held a final closing for the New Energy... Continue reading →
The budget checks off some of the requests on the clean tech sector's wish list, starting with «nearly $ 1.4 billion in new financing, on a cash basis» for clean tech (a mix of equity investments, working capital, and project finance to come from Export Development Canada and the Business Development Bank of Canada.)
The Brelion team promotes your project on our secure and vigorous platform, allowing you to raise capital for any real estate project quickly and fluidly through an expanding crowd base.
New Energy Capital Partners, LLC («NEC»), a leading alternative asset management firm focused on debt and equity investments in small - and mid-sized clean energy infrastructure projects and companies, today announced that it held a final closing for the New Energy Capital Infrastructure Credit Fund (the «Fund») with total capital commitments of $ 325 mCapital Partners, LLC («NEC»), a leading alternative asset management firm focused on debt and equity investments in small - and mid-sized clean energy infrastructure projects and companies, today announced that it held a final closing for the New Energy Capital Infrastructure Credit Fund (the «Fund») with total capital commitments of $ 325 mCapital Infrastructure Credit Fund (the «Fund») with total capital commitments of $ 325 mcapital commitments of $ 325 million.
He serves on the boards of Synova Power, Cornerstone Capital, The Culture Project, The Global Partnership for Women and Girls and The Biomimicry Institute.
Shortly after Ethereum's rise to power, a venture capital smart contract called the DAO was created as a publicly funded venture capital fund for any projects that were created on Ethereum.
One in six institutional investors, in another survey, projected gains of more than 20 % annually on their investments in venture capital — even though such funds, on average, have underperformed the stock market for much of the 2000s.
Its important for company founders and investors to agree on the projected capital structure as a confirmation that the entrepreneurs and investors are aligned and effectively communicating about future financings and the exit strategy for company.
«Versa Media Capital intends to become the go - to source of capital and expertise for independent film and TV content creators, and will provide the elements needed to put projects on the solid footing required to complete a permanent financing package,» said Geoffray in a staCapital intends to become the go - to source of capital and expertise for independent film and TV content creators, and will provide the elements needed to put projects on the solid footing required to complete a permanent financing package,» said Geoffray in a stacapital and expertise for independent film and TV content creators, and will provide the elements needed to put projects on the solid footing required to complete a permanent financing package,» said Geoffray in a statement.
In December, allegations arose that the PCs might be basing funding decisions for hospital capital projects on inaccurate information about the condition of the facilities, and in some cases, on the basis of partisan political calculations.
Coworkly, a side project that's currently dominating the majority of Arar's time, arose from a desire to fill a gap he's seen in Ottawa for many years now — namely, a community of startups that focus on venture capital and raising money rather than returning to the basics of bootstrapping and profitability.
Investors who hold the capital that fund large industrial projects, that eventually create the tax revenue through wages and corporate taxes we rely on for infrastructure, also search for the path of least resistance.
Ukwazi is working on a project feasibility study for a local iron - ore project, where, for example, the company recommended that the client change the location of the processing plant to save significant capital and operational costs while greatly improving efficiency.
I'm perfectly fine in taking a promising developmental project in the later rounds and leaving the Ridley's and Moore's of the draft for someone else to spend high draft capital on.
Among other major projects in this year's capital spending plan, the Park District will spend $ 60 million on fixing the downtown Grant Park garage, $ 10 million to help replace the barriers that protect Lake Michigan's shoreline, $ 7.5 million for restoration of four lagoons and $ 8 million for a new boat harbor downtown.
Though the capital plan does not specify how much is being earmarked for the four plans, Doig estimated that it includes $ 5 million to $ 6 million toward projects that include a permanent skating rink on the Midway, an in - line skating park at Burnham Park, lagoon rehabilitation and a running track at Jackson Park, and a golf facility aimed at children at the South Shore Cultural Center.
The $ 2.4 million dollar capital improvement project has been on the District's long - range schedule for quite some time and since acquiring the facility in 1987.
Claim: The use of single - sourcing and non-transparent procurement processes for even, large, capital - intensive, complex, projects has led to billions of dollars being wasted, sometimes in shady deals that suggest corrupt motives on the part of some parties.
On top of this # 5bn of new capital spending in infrastructure and support for business, we are ready to provide guarantees for up to # 40bn more — today I can announce that projects worth # 10bn have already prequalified.
Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.
The authors go on to illustrate that the remaining 20 cents of loan monies are used to finance white elephant projects, «ghost» projects» (i.e. fictitious roads, schools, soldiers, etc.), government salaries, ineffective development and infrastructural projects or it leaves the country through capital flight within the coming years — leaving little to nothing of actual development monies for the citizenry of these countries.
NEW YORK (Reuters)- Half of the money spent so far from New York state's $ 10 billion in legal settlement windfall has gone to support the state budget rather than the capital projects for which it should be used, the state's chief fiscal watchdog said on Friday.
Such bonds function as an alternative to direct public financing of housing projects: Since interest income on PABs is tax exempt, investors are willing to buy them at very low interest rates, and this makes it relatively affordable for states, municipalities, and nonprofits to finance housing (and hospitals, infrastructure, and other public works) through the private capital market.
The St. Barnabas Wellness Care and Affordable Housing project, which will be developed by L+M Development Partners and Hornig Capital Partners, will create 314 affordable homes for low - income residents and incorporate more than 50,000 square feet of health and wellness space that includes a fitness area, an ambulatory care center, a pharmacy, and a teaching kitchen with produce grown on a rooftop farm; and offer comprehensive programs on smoking prevention, fitness, nutrition, stress reduction and life skills.
Abe, in the Kenyan capital Nairobi to attend the sixth Tokyo International Conference on African Development (TICAD), said the package would be spread over three years from this year and include $ 10 billion for infrastructure projects, to be executed through cooperation with the African Development Bank.
By the way, both those comments and my subsequent article of May 10 were not a «single purpose project» designed to attack anyone, but the substance of both interventions was to focus on government's Economic Recovery and Growth Plan (ERGP), highlight lessons Nigeria could learn from failed or sub-optimal implementation of previous economic blueprints, and discuss constraints and / or impediments which must be removed for the plan to succeed, especially in relation to private capital and foreign direct investment.
A debate over a massive education, labor and ethics bill lasted for more than six hours in the chamber on Tuesday and Assembly Republicans called a conference on a capital projects spending bill at 10 minutes to midnight.
New York is expected to remain under its debt capacity limit even as it continues to borrow heavily for new capital projects, according to the state Division of Budget's enacted budget plan released on Friday.
According to him, reliance on the District Assembly Common Fund as a source of finance for their capital projects was the bane of the under - development of most Assemblies.
Enrollment is in jeopardy, capital projects have been put on hold and campuses are making plans for a series of layoffs in the coming months to close potential gaps,» Labate said.
On or before the fifteenth day of August in each year, or such earlier date as the Budget Director may prescribe, the head of each administrative unit authorized agency shall furnish to the Budget Director an estimate of revenues and expenditures for the respective administrative unit or authorized agency for the next ensuing fiscal year, exclusive of capital projects.
The County Executive shall be solely responsible for the capital program and budget as submitted to the County Legislature and no members of the latter body shall be obliged to support any project by reason of membership on the Capital Projects Comcapital program and budget as submitted to the County Legislature and no members of the latter body shall be obliged to support any project by reason of membership on the Capital Projects ComCapital Projects Committee.
Cuomo would discount financial assistance called Bundy Aid to private colleges and reinvest the funds in a new $ 30 million competitive matching grant program for capital projects on private campuses.
All capital projects save one — a restroom in Montauk required by the County Health Department in order to keep Edison Beach open to the public — have been on hold until the accounting for the capital fund could be completed.
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