MMA Renewable Ventures Enters Wind Market with Oregon Project

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Mama GP Hmv Asd	LSE:MMAB	London	Ordinary Share	GB00B5M5PW49	ORD 5P (ASSD HMV CASH)

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Mama GP Hmv Asd (LSE:MMAB)
Historical Stock Chart

From May 2019 to May 2024

Click Here for more Mama GP Hmv Asd Charts.

MMA Renewable Ventures Accelerates Community-Based Wind Project Development SAN FRANCISCO, May 28 /PRNewswire/ -- MMA Renewable Ventures, LLC, a subsidiary of Municipal Mortgage & Equity, LLC, a diverse real estate and clean energy finance and investment management company ("MuniMae") (Pink Sheets: MMAB) today announced plans to construct, finance and operate a 10 megawatt (MW) wind farm in north central Oregon. MMA Renewable Ventures partnered with developers and landowners Ormand and Jeff Hilderbrand to help manage and accelerate all aspects of project development. Upon scheduled completion in 2009, the PaTu Wind Farm is expected to produce 30,000 MWh of energy annually, enough clean electricity to power 3,000 homes each year. The PaTu Wind Farm is the first wind project to join MMA Renewable Ventures' growing portfolio of more than 35 clean energy generation facilities nationwide. Within the wind market, MMA Renewable Ventures is focused on delivering turnkey financing and project management services that facilitate community ownership of wind projects. "MMA Renewable Ventures has a proud tradition of pioneering new ways to make clean energy easier and more cost-effective to deploy. Our entry into the wind market extends our proven financial capabilities, operational expertise and innovative approach to an entirely new group of renewable energy partners and customers," said Matt Cheney, CEO of MMA Renewable Ventures. "Wind energy development offers rural regions a real source of economic opportunity, but the many factors involved in bringing a new wind farm into operation can be difficult to successfully manage. The challenges are even greater for community scale projects like ours that must compete with larger projects for limited turbines and financing," said Ormand Hilderbrand. "More than just a financial partner, MMA Renewable Ventures provided the expertise we needed to speed this project to successful operation, helping the wind farm deliver benefits to my business, our community and the environment." MMA Renewable Ventures provides development capital, customized project management and total financing for small- to mid-scale wind farms. The company collaborates with project stakeholders to deliver benefits to all participants, including: -- Developers & Landowners: With expertise in development investment, development management, project finance, construction, turbine procurement and operation, the company works with developers at all stages of the project lifecycle to manage the wind farm through successful operation. -- Institutional Investors: MMA Renewable Ventures aggregates qualified, investment-grade wind energy projects to manage risk and provide attractive returns to investors. Since 2002, MMA Renewable Ventures has brought more than 40 MW of clean energy generation into development, including North America's largest photovoltaic system at Nellis Air Force Base. The company is currently expanding its presence in the wind market and has a pipeline of more than 200 MWs of near term community wind opportunities. About MMA Renewable Ventures A wholly-owned subsidiary of Municipal Mortgage & Equity, LLC ("MuniMae," OTC: MMAB.PK), MMA Renewable Ventures finances, owns and operates renewable energy and energy efficiency assets for commercial, municipal and utility customers nationwide. The company provides leases, Power Purchase Agreements (PPAs) and other customized financial solutions to help its customers manage energy costs. MMA Renewable Ventures is dedicated to delivering competitively priced clean energy and energy savings to customers, strong partnership options for project developers, and exceptional opportunities for institutional investment in the clean energy sector. For more information about MMA Renewable Ventures, visit http://www.mmarenewableventures.com/ DATASOURCE: MMA Renewable Ventures, LLC CONTACT: Rosalind Jackson of Antenna Group, +1-415-977-1923, , for MMA Renewable Ventures Web site: http://www.mmarenewableventures.com/

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

MMAB Mama GP Hmv Asd