Latest news with #USD250
Yahoo
06-03-2025
- Yahoo
'Swatting' call places multiple USD 250 schools in a brief lockdown
CRAWFORD COUNTY, Kan. — All clear after a swatting incident in southeast Kansas, authorities said Wednesday afternoon. The Crawford County Sheriff's Office said it took precautionary measures after an anonymous call came in around 1:30 p.m., threatening towards Pittsburg's Meadowlark Elementary. The school was placed in a full lockdown the department said as authorities came to investigate. 'Swatting' call places multiple USD 250 schools in a brief lockdown KDHE warns of potential contamination in southeast Kansas waterway Women in Construction Week: Girl Scouts dive into STEM at Pitt State Pitt State cheer and dance clinic inspires young athletes Community support helps provide pet food relief in Southeast Kansas Later in the afternoon, they determined the threat was merely a 'swatting' call and not a legitimate threat. Still, deputies worked with officers in Pittsburg, Frontenac, Girard, and Arma to ensure there was no threat to students elsewhere. The lockdown was lifted around 2 p.m. with activities resuming as normal. All USD 250 school buildings maintained a law enforcement officer on-site for the rest of the day as well. No word on the source of the call as authorities continue to investigate. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Zawya
27-02-2025
- Business
- Zawya
BCA Joins Bank BNI and Bank Mandiri to Back BUMA's Diversification Strategy with USD250 Million Equivalent Facility
PT Bukit Makmur Mandiri Utama (BUMA), the principal subsidiary of PT Delta Dunia Makmur Tbk (Delta Dunia Group, IDX: DOID), secured a USD250 million equivalent Accordion Facility from PT Bank Central Asia Tbk (BCA). The accordion facility builds on BUMA's existing syndicated financing facility with PT Bank Negara Indonesia (Persero) Tbk (BNI) and PT Bank Mandiri (Persero) Tbk (Bank Mandiri), further diversifying its sources of financing. The accordion facility upsized the syndicated financing facility from USD750 million to USD1 billion. BCA's participation underscores the firm trust of Indonesia's top banks in BUMA's operational excellence and long-term growth strategy, including the company's efforts in business diversification. JAKARTA, INDONESIA - Media OutReach Newswire - 27 February 2025 - PT Bukit Makmur Mandiri Utama (BUMA), the principal subsidiary of PT Delta Dunia Makmur Tbk (Delta Dunia Group, IDX: DOID), further strengthened its financing by securing a USD250 million equivalent Accordion Facility from PT Bank Central Asia Tbk (BCA). The multi-currency facility, which includes up to USD75 million and Rp2.88 trillion from BCA, builds on BUMA's existing syndicated financing as part of its broader strategy for financial diversification. Initially secured in December 2023 with PT Bank Negara Indonesia (Persero) Tbk (BNI) and later expanded with PT Bank Mandiri (Persero) Tbk (Bank Mandiri), the expansion of BUMA's syndicated financing facility demonstrates the robust confidence of Indonesia's leading banks in BUMA's track record on operations and growth. With BCA joining the syndication, the total facility is upsized to USD1 billion, further highlighting BUMA's successful achievements in diversifying funding sources. Iwan Fuad Salim, Director of Delta Dunia Group, stated, 'We are honored by the ongoing support from Indonesia's leading banks—BNI, Bank Mandiri, and now BCA. BCA's decision to join the syndication further widens our financial sources and reinforces the Banks' confidence in BUMA's track record and strategy. This expanded facility plays a key role in our financing diversification strategy, enhancing our ability to manage resources effectively, and ensuring sustained progress.' The initial USD750 million syndicated financing facility was strategically structured into two tranches, allowing BUMA to refinance its debts and loans, thus providing financial flexibility until 2029. Simultaneously, this financing facility will be used to fund a transformative acquisition as part of the company's efforts to diversify its business towards more sustainable practices. Silfanny Bahar, Director of BUMA, added, 'The Accordion Facility from BCA equips BUMA with strengthened financing, enabling BUMA to implement transformative actions that capitalize on current market opportunities swiftly. This facility also reaffirms our commitment to accelerating progress and creating meaningful value for our stakeholders.' 'With the strong backing from our syndicated facility, BUMA is well-positioned for continued success as a diversified global company,' Iwan concluded. Hashtag: #DeltaDuniaGroup The issuer is solely responsible for the content of this announcement. About PT Delta Dunia Makmur Tbk (Delta Dunia Group): Established in 1990, PT Delta Dunia Makmur Tbk (Delta Dunia Group) is a prominent holding company operating in Indonesia, Australia, and USA. Our principal subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), is a leading provider of mining services to some of the largest miners in Indonesia and Australia (through BUMA Australia Pty Ltd). In June 2024, through PT Bukit Makmur Internasional (BUMA International), it acquired Atlantic Carbon Group, Inc. (ACG) and became the leading producer of ultra-high-grade anthracite in the USA, further strengthening the Group's global footprint in the mining industry. In 2023, Delta Dunia Group expanded its portfolio with the addition of two new subsidiaries: PT Bukit Teknologi Digital (BTech), developing AI deep learning technologies to improve operational efficiency, reduce emissions, and minimize Occupational Health and Safety (OHS) operational risks and PT BISA Ruang Nuswantara (BIRU), a social enterprise dedicated to education, vocational schools, and fostering circular economy. Listed on the Indonesia Stock Exchange (IDX Code: DOID), Delta Dunia Group is headquartered in Jakarta, Indonesia, and is supported by a workforce of over 16,000 employees across Indonesia, Australia, and USA. In June 2024, Delta Dunia Group was recognized among the Top 200 in the inaugural FORTUNE Southeast Asia 500 rankings, a prestigious list that identifies the region's largest companies by revenue. Delta Dunia Group
Zawya
19-02-2025
- Business
- Zawya
ACWA Power expands portfolio with strategic acquisition of assets in Bahrain and Kuwait
ACWA Power acquires stakes in power generation and water desalination companies operating a combined 4.61GW of gas-fired power generation and 1.11 million cubic meters per day (m3/day) of water desalination capacity from ENGIE By making its inaugural entry into the Kuwaiti market through this acquisition, ACWA Power bolsters its presence in the regional energy and water sectors. Riyadh, Kingdom of Saudi Arabia: ACWA Power, the world's largest private water desalination company, leader in energy transition, and first mover into green hydrogen, has announced the signing of a Share Purchase Agreement (SPA) with the regional subsidiary of French utility developer ENGIE, to acquire assets at an amount of $693 million. This strategic acquisition encompasses operating capacities of 4.61GW of gas-fired power generation and 1.11 million cubic meters per day (m3/day) of water desalination facilities, as well as the related operations and maintenance companies in Kuwait and Bahrain. Under the terms of the agreement, ACWA Power will acquire ENGIE's shares in the four key operating assets. This includes an 18% stake in the Az Zour North (IWPP) in Kuwait, alongside 45% stakes in both the Al Ezzel (IPP) and Al Dur (IWPP) projects, as well as a 30% stake in the Al Hidd (IWPP) facility, all situated in Bahrain. ACWA Power will also acquire a portfolio of companies responsible for the operation and maintenance of the four assets, specifically Az Zour North O&M Company (50% stake) and Al Ezzel O&M Company (100% stake). Completion of the transaction is subject to customary regulatory and other stakeholder approvals. Marco Arcelli, Chief Executive Officer of ACWA Power, said: "This acquisition represents a pivotal milestone for ACWA Power, reinforcing our position as global leader in water desalination. We consolidate our presence in Bahrain where we are already a reliable supplier of power and water, and we enter Kuwait, where we recently submitted a bid for a large power and desalination plant. Reinforcing our presence in each country will allow us to further develop our people there and localise our operations more, providing safe and reliable supplies to the local communities and industries." Thomas Brostrom, Chief Investment & Development Officer of ACWA Power, added:"By making its inaugural entry into the Kuwaiti market through the acquisition of a stake in the Az-Zour North Facility, ACWA Power has achieved a significant milestone in its strategic efforts to expand its presence within the regional energy and water desalinations sector." The secured contracted revenue streams from the acquired assets reinforce ACWA Power's broader strategy of tripling its assets under management to USD250 billion by 2030. Goldman Sachs Saudi Arabia acted as the sole financial advisor, while King & Spalding acted as the legal advisor to ACWA Power. About ACWA Power ACWA Power (TADAWUL:2082) is a Saudi-listed company and the world's largest private water desalination company, the first mover into green hydrogen, and a leader in energy transition. Registered and established in 2004 in Riyadh, Saudi Arabia, ACWA Power employs over 4,000 people and is currently present in 14 countries in the Middle East, Africa, Central Asia, and Southeast Asia. ACWA Power's portfolio comprises 99 projects in operation, advanced development, or construction with an investment value of SAR 381 billion (USD 101.6 billion) and the capacity to generate 73.8GW of power and manage 9.5 million m3/day of desalinated water per day. This energy and water are delivered on a bulk basis to address the needs of state utilities and industries on long-term, off-taker contracts under utility services outsourcing and public-private partnership models. Learn more: ACWA Power Media contacts: Yahya Hamidaddin Executive Director – Media Affairs & External Comms YHamidaddin@ Mohammed Al Hasan Media Lead – Media Affairs & External Comms Moalhasan@
