$55m capital funding to fund LCI acquisitions
LCI closes a $55m capital markets term loan financing, jointly funded by US institutions CIT Group Inc and Prudential Capital Group, to be used in expanding its fleet with six new Leonardo AW139 and AW169 helicopters.
International hotel expansion gathers pace
Elandis acquires the Miramar Hotel near Valencia in Spain, Aria adds the Archipel Mansion and Fileas Art Hotel to its portfolio, whilst Grace Hotels sets out its international expansion plans at the IHIF in Berlin.
Solar power for Central America
Greenwood Energy Latinoamérica launches to bring efficient solar energy systems with 100% financing to offices, hospitals, supermarkets and schools, amongst others, all in Panama and the growing Central American market.