Hunt Companies, Inc., together with Amber Infrastructure (Amber), have acquired a majority interest in City Light & Power (CLP). CLP is an electrical contractor and owner of utility systems specializing in the provision of services to the U.S. military under utility privatization contracts. The investment marks the continued growth of Hunt and Amber's investment portfolio in the United States.
City Light & Power (CLP) currently owns nine utility systems and operates two municipal public-private partnership contracts for the cities of Long Beach and Lakewood, CA. CLP performs a full range of professional services including design, engineering, system studies, financing, construction, operation and maintenance of electrical utility systems.
Hunt and Amber have acquired their interest in CLP from existing shareholders and the management team. The existing management team will continue to own a minority interest in CLP. Hunt and Amber have funded the investment from their combined cash reserves.
Officials from Virginia Commonwealth University Health System, The Doorways and Ronald McDonald House Charities (RMHC) of Richmond have released details on a proposed complex in the Navy Hill project...
Read moreThe state of Hawaii in the USA has introduced House Bill 1950 for an underwater tunnel project which will connect West Oahu and Downtown Honolulu. The bill will require the Hawaii Department...
Read moreSouth Orange County Community College District in California, USA has launched two requests for qualification and proposal seeking the technical consultant for the Saddleback College 1st Building...
Read moreU.S. Department of Transportation (USDOT) has issued a request for information (RFI) seeking a technical consultant to obtain input into the most effective, transparent and expedient ways to structure...
Read moreThe city of Brandenburg in the USA has issued a request for proposal (RFP) seeking the developer of the wastewater treatment plant project. The scope of work involves design and build a new waste...
Read more