On Wednesday, Chambers Street Properties (NYSE:CSG)’s shares inclined 1.41% to $7.37.
Chambers Street Properties (CSG), a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties, today announced it has sold a 142,500 square foot office property located at 225 Summit Avenue in Montvale, New Jersey to a subsidiary of Memorial Sloan Kettering Cancer Center for $37.0 million. The sale of this property further reduces the Company’s exposure to the New Jersey office market.
Chambers Street Properties is a equity real estate investment trust. The firm invests in the real estate markets of United States, United Kingdom, and Germany. It focuses on acquiring, owning and operating the properties. The firm invests in industrial and office properties. Chambers Street Properties was founded in 2004, and is based in New Jersey, United States. Chambers Street Properties operates as a partner of CB Richard Ellis Investors, L.L.C.
The Carlyle Group LP (NASDAQ:CG)’s shares gained 1.27% to $26.35.
Global alternative asset manager The Carlyle Group L.P. (CG) stated its unaudited results for the second quarter ended June 30, 2015.
U.S. GAAP results for Q2 2015 comprised of income before provision for income taxes of $474 million, and net income attributable to the common unitholders through The Carlyle Group L.P. of $31 million, or net income per common unit of $0.34, on a diluted basis. Total balance sheet assets were $34 billion as of June 30, 2015.
The Carlyle Group LP is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in administration-led/ Leveraged buyouts, privatizations, divestitures, planned minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES.
At the end of Wednesday’s trade, TETRA Technologies, Inc. (NYSE:TTI)‘s shares surged 1.43% to $4.95.
TETRA Technologies, Inc. (TTI) anticipates to release second quarter 2015 results on Friday, August 7, 2015, and will host a conference call at 10:30 a.m. ET on that day to talk about the results. Stuart M. Brightman, President and CEO and Elijio V. Serrano, Senior Vice President and CFO, will host the call, and Joseph Elkhoury, TETRA’s Senior Vice President and COO, will be participating. The phone number for the call is 888/347-5303. The conference will also be accessible by live audio webcast and may be accessed through the Company website at www.tetratec.com. The press release will be accessible on the Company website preceding to the conference call. A replay of the conference will be accessible at 877/344-7529 conference number 10069771, for one week following the call, and the archived webcast will be accessible through the Company website for thirty days following the conference.
TETRA Technologies, Inc., together with its auxiliaries, operates as a diversified oil and gas services company. It operates through four divisions: Fluids, Production Testing, Compression, and Offshore. The Fluids division manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, in addition to in Latin America, Europe, Asia, the Middle East, and Africa.
Pattern Energy Group Inc (NASDAQ:PEGI), ended its Wednesday’s trading session with -1.30% loss, and closed at $24.31.
Pattern Energy Group LP declared the completion of C$393 million in financing of its 180 megawatt (MW) Meikle Wind power project located in British Columbia , about 33 km north of Tumbler Ridge . Meikle Wind, which is predictable to commence commercial operation in late 2016, is the largest wind power project in British Columbia with the capacity to generate clean energy for up to 54,000 homes in the province.
The Meikle Wind project is utilizing 61 GE wind turbines. The project has a 25-year power purchase agreement with BC Hydro. The Meikle Wind project will employ about 275 skilled workers on-site at the peak of construction activity and create up to nine permanent positions once operational, in addition to the use of local subcontractors.
Pattern Energy Group Inc., an independent power company, owns and operates power projects in the United States, Canada, and Chile. As of March 2, 2015, the company owned interests in 12 wind power projects with the capacity of 1,636 megawatts. It sells electricity primarily to local utilities. Pattern Energy Group Inc. was founded in 2012 and is headquartered in San Francisco, California. DISCLAIMER:
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