Latest news with #GreenMountain
Yahoo
29-05-2025
- Business
- Yahoo
Keurig Coffee King Wakes Up Big Money Buyers, Listing His Palm Beach Mega Mansion For $90 Million
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Robert Stiller, best known as the former CEO and founder of Keurig Green Mountain coffee, has awoken luxury brokers and buyers in coveted Palm Beach by listing his sprawling waterfront mansion for $90 million. The 13,375-square-foot home, which was built in 2013, comes with a deep water dock, seven bedrooms, and over 150 feet of frontage on the Intracoastal Waterway. Stiller — the former coffee king who left the Green Mountain board in 2013 — and his wife, Christine, have not owned the home for long, buying it in 2023 for $66 million, according to the Palm Beach Daily News. The potential $24 million windfall the couple could make on the home, not including fees, closing costs, and capital gains taxes, works out to about $2 million per month of ownership. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – The Stillers have picked an opportune time to sell, as Palm Beach homes have sold for record-high prices since the election. According to Douglas Elliman data, single-family homes in the wealthy South Florida enclave have seen 31 sales, an increase of 63.2% compared to Q1 over the same period last year. Higher-end home sales have been particularly robust, with median sales prices of $13.95 million enjoying an 11.6% jump year-over-year. The luxury sector, representing the top 10% of the market, was up 22.2% over the previous year. According to the report, median sales in the highest echelon also soared to $23.75 million, a 70.9% increase from a median of $13.9 million a year earlier. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — It's unlikely Stiller, whose net worth is $508 million, will be counting on selling his home to pay his bills. The innovative coffee magnate made his fortune by selling coffee and K-Cups, the now-popular single-serve coffee pods. Despite a financial setback in 2012, when he was forced to sell 5 million shares to cover margin calls to cover loans taken against his position, Stiller has enjoyed success after success. Stiller initially sold coffee as a retailer in Vermont after discovering Green Mountain Coffee Roasters during a ski trip to the state in the 1980s, Inc. reported, but stopped that side of the business to focus on manufacturing. The company went public in 1993 and enjoyed a soaring stock price in the 2000s, during which time Green Mountain became one of the first coffee companies to join the Fair Trade movement. In 2006, Stiller invested in a single-serving coffee machine company, Keurig. In 2016, the company was bought for $13.9 billion and taken private by JAB Holding, owner of Peet's Coffee and other brands, according to multiple media sources. Keurig Green Mountain and Dr Pepper Snapple Group merged in 2018 in a deal worth $18.7 billion, to form Keurig Dr Pepper (NASDAQ:KDP), multiple outlets reported. Keurig owns or partners with multiple brands to produce different varieties of its single-serve coffee Keurig has received criticism about the environmental impact of its K-Cups, Stiller prefers to consider the company's overall impact. 'I feel overall we made a positive impact with the company. It reminds me of when we were doing a lot of Fair Trade coffee,' he told Inc. 'We got pushback from some Fair Trade companies: How could we sell regular coffee? 'I think you need to be successful as an organization, first and foremost,' Stiller said. 'We needed to have a complete coffee offering. We got into [food services company] Sodexo with our regular coffee, and then a couple of years later, they switched to Fair Trade. You've got to do what's right to build the strength of your company.' Read Next: , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Image: Shutterstock Send To MSN: 0 This article Keurig Coffee King Wakes Up Big Money Buyers, Listing His Palm Beach Mega Mansion For $90 Million originally appeared on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Times of Oman
10-05-2025
- Business
- Times of Oman
Green Mountain gets greener
Muscat: A bold green vision is taking root high in the mountains of Oman. dusitD2 Naseem Resort in Al Jabal Al Akhdar has unveiled a unique sustainability initiative to plant 200 olive trees – each a living symbol of peace and renewal – transforming the 'Green Mountain' into an even greener, more meaningful retreat for guests and the environment alike. Nestled over 2,000 metres above sea level, dusitD2 Naseem Resort is no stranger to crisp mountain air and immersive eco-experiences. But its latest initiative goes beyond luxury and landscape – it's about legacy. In a pioneering move to blend sustainability with guest participation, the resort has launched an 'Own an Olive Tree' programme, inviting visitors to adopt olive trees for a donation. Each tree will carry the name of its donor, who will also receive a bottle of olive oil every year for five years. 'This mountain is called Al Jabal Al Akhdar, which literally means 'The Green Mountain',' said Jagdeip Thakral, General Manager of dusitD2 Naseem Resort. 'Our vision is to honour that name not just in spirit, but in action – by making it even greener through this meaningful initiative.' A symbol of peace and personal legacy The olive tree has long been a universal symbol of peace and harmony. Thakral believes that empowering guests to personally 'own' such a tree will deepen their connection to the land and to the values of sustainability. 'This is more than just planting trees – it's about planting hope, peace and purpose,' Thakral said. 'Each tree will serve as a reminder that even as a traveller, you can leave behind something lasting and beautiful.' Donors will receive regular updates on their tree's growth and are welcome to visit the resort to check on it in person, take photos, and share their experience. Guests who contribute larger donations will also enjoy added perks – including complimentary stays or wellness experiences. 'The idea is to create emotional ownership,' Thakral added. 'You're not just a guest anymore – you're a guardian of the mountain.' From olives to significant impact The project builds upon the resort's existing grove of 37 olive trees, which currently yields around 600kg of olives annually. With 200 trees in place, the harvest is projected to exceed 4,000kg – a significant leap in both output and impact. The initiative is part of Dusit Hotels & Resorts' global Tree of Life programme, which encourages sustainable action and eco-friendly guest engagement at each of its properties. The Jabal Akhdar project is one of its most ambitious to date. 'We're not just planting trees – we're cultivating a legacy,' said Thakral. 'We want our guests to leave a part of themselves here and return to see it thrive.' Greening the grounds: More than just olives The resort also plans to plant an additional 50 flowering and fruit-bearing trees, including bougainvillea, oleander, and the fragrant night queen, transforming the wadi that runs through the resort into a blossoming valley of colour and scent. Large trees will be placed around concrete areas to improve shade and aesthetics, creating an all-season green environment throughout the property. 'These aren't just landscaping decisions – they're part of a larger wellness ecosystem,' Thakral said. 'The greenery, the scents, the colours – they all play a role in how our guests feel. Our goal is year-round shade, blooms, and life.' When adventure meets wellness Adding to its green goals, dusitD2 Naseem is launching Jabal Akhdar's first-ever padel court, offering guests the chance to play one of the world's fastest-growing sports at high altitude. 'At 2,000 metres above sea level, it's a court with a view – and a statement,' said Thakral. 'We're promoting an active, healthy lifestyle, and padel is the perfect blend of social fun and fitness. Whether you're a beginner or a seasoned player, playing padel at this altitude is something truly unique.' The court adds to the resort's 8,000 sqm adventure park, enhancing its reputation as a destination that combines wellness, play, and purpose in equal measure. 'We want to redefine what a mountain getaway can be,' Thakral added. 'Whether it's through wellness, adventure, or sustainability, our aim is to offer experiences that are fresh, engaging, and rooted in purpose.' More to come The resort is also working on developing a rose garden and offering eco-tours for guests to explore its green zones, from olive groves to fruit orchards. 'Our vision is to make dusitD2 Naseem not just a place to stay, but a destination where guests connect – with nature, with community, and with themselves,' Thakral said.
Yahoo
08-05-2025
- Business
- Yahoo
Norway Leverages Cold Climate to Enhance Data Center Efficiency and Cut Costs
Norway's data center market, valued at USD 1.55 billion in 2024, is projected to reach USD 2.79 billion by 2030, growing at a 10.29% CAGR. Key operators like Green Mountain innovate with liquid cooling, heat recovery, and renewable energy. Global leaders like Microsoft and AWS fuel investment, aiding sustainability and operational efficiency. Explore more about Norway's thriving data center landscape. Norwegian Data Center Market Dublin, May 08, 2025 (GLOBE NEWSWIRE) -- The "Norway Data Center Market - Investment Analysis & Growth Opportunities 2025-2030" report has been added to Data Center Market was valued at USD 1.55 billion in 2024, and is projected to reach USD 2.79 billion by 2030, rising at a CAGR of 10.29%. The Norwegian data center market has the presence of several global support infrastructure providers that will increase its competitiveness in the market. Some of the support infrastructure vendors present in the Norway data center market include ABB, Caterpillar, Cummins, Delta Electronics, Eaton, Legrand, Piller Power Systems, Rittal, Rolls-Royce, Schneider Electric, STULZ, Vertiv, and others. Some of the key colocation data center investors in the Norway data center market include Green Mountain, STACK Infrastructure, Bulk Infrastructure, AQ Compute, Orange Business, Lefdal Mine Data Centers, Telia, and others. Norway's data center market has several local and global construction contractors operating in the market including AECOM, Arup, Coromatic AB, COWI, Designer Group, Elecnor Group, HDR Architecture, Keysource, Mercury, Mecwide, RED Engineering Design, Rider Levett Bucknall RLB, Skanska, Sweco, Turner & Townsend, YIT and others that have been offering their construction, engineering and installation services in the data center market in the country. KEY HIGHLIGHTS Operators in the Norway data center market, such as Green Mountain and Bulk Infrastructure Group AS, are adopting advanced liquid cooling technologies for efficient thermal management; furthermore, they are implementing heat recovery systems to channel the excess heat generated in their facilities to nearby locations to enhance sustainability efforts across the country. Sustainability in the Norway data center market is supported by growing investments in renewable energy and energy-efficient technologies, with operators increasingly adopting Power Purchase Agreements (PPAs). The data center companies are focusing on innovative construction techniques to reduce their carbon impact by replacing materials, including steel and concrete, with timber wood; furthermore, operators are also installing solar roofs in their facilities. The government is regulating data centers under electronic communication laws to enhance digital security and protect national interests. This approach also encourages leveraging Norway's renewable energy resources to drive sustainable growth within the industry. Global cloud operators, such as Microsoft, Amazon Web Services (AWS), and Google Cloud, are driving significant data center investments in Norway due to the growing demand for cloud services. Colocation providers, such as STACK Infrastructure, Lefdal Mine Datacenter, and Bulk Infrastructure Group AS, are actively expanding their operations to address the increasing demand for reliable data center infrastructure across the country. In 2024, the Norway data center market witnessed new entrants such as Keysource and Namsos DataSenter, and Google. Norway's focus on utilizing waste heat to enhance efficiency and environmental responsibility aligns with the global sustainability trends, attracting the attention of eco-conscious investors and businesses. Norway's naturally cold climate enables efficient free cooling for data centers, significantly reducing the need for mechanical cooling systems and lowering operational costs and energy consumption. REPORT SCOPE Market size available in the investment area, power capacity, and the Norway colocation market revenue. An assessment of the data center investment in Norway by colocation, hyperscale, and enterprise operators. Data center investments in the area (square feet) and power capacity (MW) across cities in the country. A detailed study of the existing Norway data center market landscape, an in-depth market analysis, and insightful predictions about the Norway data center market size during the forecast period. Snapshot of existing and upcoming third-party data center facilities in Norway Facilities Covered (Existing): 33 Facilities Identified (Upcoming): 09 Coverage: 9+ Cities Existing vs. Upcoming (Data Center Area) Existing vs. Upcoming (IT Load Capacity) Data center colocation market in Norway Colocation Market Revenue & Forecast (2021-2030) Retail vs Wholesale Colocation Market Revenue & Forecast (2021-2030) Retail & Wholesale Colocation Pricing The Norway data center landscape market investments are classified into IT, power, cooling, and general construction services with sizing and forecast. A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the market. Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the market. A transparent research methodology and the analysis of the demand and supply aspects of the market. EXISTING VS. UPCOMING DATA CENTERS Existing Facilities in the Region (Area and Power Capacity) Oslo Other Cities List of Upcoming Facilities in the Region (Area and Power Capacity) Oslo Other Cities IT Infrastructure Providers Arista Networks Cisco Systems Dell Technologies Hewlett Packard Enterprise Hitachi Vantara Huawei Technologies IBM Juniper Networks Lenovo NetApp NetNordic Group AS Oracle Pure Storage Super Micro Computer Data Center Construction Contractors & Sub-Contractors AECOM Arup Coromatic AB COWI CTS Group Designer Group Elecnor Group HDR Architecture Keysource Kirby Group Engineering Marsh Mecwide Mercury Olaris AS Ramboll RED Engineering Design Rider Levett Bucknall (RLB) Skanska Sweco Turner & Townsend YIT Support Infrastructure Providers ABB Alfa Laval Austin Hughes Electronics Carrier Caterpillar Comsys Condair Group Cummins DEIF Delta Electronics Eaton FlaktGroup GE Vernova HITEC Power Protection Johnson Controls Rehlko Legrand Mitsubishi Electric Perkins Engine Piller Power Systems Rittal Rolls-Royce Schneider Electric Siemens Socomec Group STULZ Swegon Trane Technologies Vertiv Data Center Investors AQ Compute Orange Business Bulk Infrastructure Green Mountain Lefdal Mine Data Centers STACK Infrastructure STORESPEED Telia New Entrants Keysource & Namsos DataSenter Google Key Attributes: Report Attribute Details No. of Pages 123 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $1.55 Billion Forecasted Market Value (USD) by 2030 $2.79 Billion Compound Annual Growth Rate 10.2% Regions Covered Norway The report includes the investment in the following areas: IT Infrastructure Servers Storage Systems Network Infrastructure Electrical Infrastructure UPS Systems Generators Transfer Switches & Switchgears PDUs Other Electrical Infrastructure Mechanical Infrastructure Cooling Systems Rack Cabinets Other Mechanical Infrastructure Cooling Systems CRAC & CRAH Units Chiller Units Cooling Towers, Condensers & Dry Coolers Other Cooling Units General Construction Core & Shell Development Installation & Commissioning Services Engineering & Building Design Fire Detection & Suppression Systems Physical Security Data Center Infrastructure Management (DCIM) Tier Standard Tier I & Tier II Tier III Tier IV For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Norwegian Data Center Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
18-04-2025
- Entertainment
- Yahoo
Joe's Pond Ice Out concludes with record ticket sales
This famous, Green Mountain tradition that has taken place in the Northeast Kingdom since the 1980s just had it's most successful year yet. The Joe's Pond 2025 Ice Out in Cabot and West Danville, Vermont has finally concluded for the season, but with record-breaking ticket sales. When Joe's Pond freezes over during the winter, folks in the area break out the block and clock. The block sits on a pallet so when the ice gives way, the block and pallet sink. The clock also stops ticking. This year, the clock stopped on April 17th at 8:41 PM. The next step is to find out who the winner was after a record-breaking year of ticket sales. Each guess costs you one dollar and apparently, there were 16,749 guesses this year. That means the Joe's Pond Association (JPA) raised 16,749 dollars this year which bested 2024 when they raked in 15,000 dollars in guesses. That money will be divided in half and given to the person who had a guess closest to the time the block fell through the ice. The winner will receive a check for 7,835 dollars. If multiple people had the same winning guess, it will be divided further. All the proceeds taken in by JPA will go to help support water quality efforts and the July 4th fireworks. Check those tickets now, and see if you were the big winner this year! Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
