For further information, call 503-278-8019.
Roeder & Company welcomes the addition of Robert McGill to its Advisory Board. Mr. McGill is the founder and CEO of Neighborhood National Bank, and serves on the board of the Community Development Banker’s Association, where he was previously the founding Chairman. “Bob has substantial experience serving low income communities. He gives us additional focus on the California market, and strengthens our national representation” said Reynold Roeder. Bob will join Gary Neal, Matt Burton, Rob Adams, and Bob McKean on Roeder & Company’s Advisory Board.
For further information, call 503-278-8019. Roeder & Company has provided financial advisory services and tax-advantaged structuring advice to Prudent Energy regarding its planned 600-kilowatt Vanadium Redox Battery (VRB™) energy storage system (“VRB-ESS”) at one of the largest fresh-cut onion processing plants in the world. The VRB-ESS will provide back-up power and energy storage for fuel cells running on biogas.
Tim Hennessy, President of Prudent Energy Systems stated “We are pleased to be working with such high quality partners such as Roeder & Company. They were a valuable part of the team utilized to close this complex transaction. We look forward to working with them on planned similar projects.” Prudent Energy is the designer, manufacturer, and integrator of the patented VRB Energy Storage Systems (VRB-ESS™) – a large-capacity, long life, advanced energy storage system. With its US headquarters in the Washington, DC area, Prudent is deploying clean energy storage solutions for both kW-Class and MW-Class power applications throughout the world. Unlike other flow battery systems, the energy-holding electrolyte in Prudent’s VRB™ systems operates at room temperature and never wears out. In addition, customers only buy the capacity they need and can easily add energy and power in modular fashion, making the VRB-ESS™ an ideal choice for renewable energy resource integration, remote area power supplies, and smart grids. For further information call 503-278-8019. Roeder & Company announced today the appointment of Gary Neal to the Advisory Board of Roeder & Company. Mr. Neal is the General Manager of the Port of Morrow, is an Appointee to the Board of the Oregon Infrastructure Finance Authority, and serves on the Board of Directors of the Bank of Eastern Oregon.
"We met Gary as we were reaching out to the Morrow County and City of Boardman community regarding rural renewable energy projects in their community. Gary was very helpful in hosting a meeting of local community leaders. His Oregon contacts and rural community insights will enhance the effectiveness of Roeder & Company's efforts to finance renewable energy projects in a manner that is beneficial to local communities." For further information call 503-278-8019. Rob Adams, a member of Roeder & Company, LLC’s Advisory Board, was announced as an appointee to the Utah Governor’s Rural Partnership Board. In this position, Mr. Adams will advise both the Utah Governor and the Utah Legislature on rural economic development and community planning issues. Mr. Adams stated, “I am honored to have received this prestigious appointment and look forward to playing a role in devising the State of Utah’s policies involving rural community issues.”
Rob Adams was appointed as a member of Roeder & Company’s advisory board in May of 2009. Roeder & Company has been certified as a community development entity by the Community Development Financial Institutions Fund, a department of the U.S. Treasury. For further information call 503-278-8019. Roeder & Company, LLC announced today that it has launched its new website. The website URL www.rroeder.com is designed to serve as a reference site for project developers and tax credit investors. The site has information useful to developers interested in funding community renewable energy projects utilizing tax credit equity and allows for developers to submit projects for screening. Similarly, the site provides contact information for Tax Credit Investors interested in investing in Renewable Energy Projects.
For further information call 503-278-8019. Roeder & Company, LLC was advised today by the U.S. Treasury that it has been certified as a Community Development Entity ("CDE") with a National service area. CDEs are eligible to apply for allocations of New Markets Tax Credits under the program administered by the Community Development Financial Institutions Fund, a division of the U.S. Treasury. The next round of awards is expected to be announced in October. Allocation awards aggregating $5 billion will be made. "The certification of Roeder & Company represents the successful completion of the first step in a two-step process of obtaining an award of New Markets Tax Credits," stated Reynold Roeder, CEO. "The second step is the competitive assessment of the application submitted in early April of this year against 249 other applicants. We are continuing to evaluate rural renewable energy projects for NMTC financing up to the October announcement."
For further information call 503-278-8019. Roeder & Company announced today the following members of its Advisory Board:
Reynold Roeder, CEO stated, "We are pleased to have such a fine group of gentlemen on our Advisory Board. Each of these individuals has key knowledge and skills around developing projects in rural communities or low-income neighborhoods. I look forward to working with each of them." Roeder & Company has an application pending with the U.S. Treasury for an award of New Markets Tax Credit allocation under Round 7 of the program for rural renewable energy projects. Such awards are expected to be announced in October of 2009. If awarded an allocation of tax credits, Roeder & Company anticipates adding Low Income Community Representatives as members to its Advisory Board from the local community where projects are developed. For further information call 503-278-8019. |
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