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Empire Diversified Energy to Build Solid Waste Recycling Plant

Feb 18, 2021
FORT LAUDERDALE, Fla. Empire Diversified Energy Corporation (OTCQB:MPIR) announced that it has closed on a $13,100,00 Bridge Loan with Principal Street Partners to provide funding for its Solid Waste Recycling Plant in Follansbee, WV. The bridge loan matures on February 1, 2022.
Empire Diversified Energy Inc. intends to begin the engineering and permitting phase for the construction of the recycling plant, which is located adjacent to the Empire Trimodal Terminal, beginning sometime this month.
Commenting on the transaction, Empire s C.E.O. Mr. Frank Rosso said, I m very happy to report that this bridge loan has been completed and now our team can focus on the construction phase of the recycling plant. ....

Frank Rosso , Empire Diversified Energy Inc , Empire Diversified Energy Corporation , Bridge Loan , Principal Street Partners , Solid Waste Recycling Plant , Diversified Energy , Empire Trimodal Terminal , Empire Diversified Energy , வெளிப்படையான ரோஸோ , பேரரசு பன்முகப்படுத்தப்பட்ட ஆற்றல் இன்க் , பேரரசு பன்முகப்படுத்தப்பட்ட ஆற்றல் நிறுவனம் , பாலம் கடன் , ப்ரிந்ஸிபல் தெரு கூட்டாளர்கள் , திட கழிவு மீள் சுழற்சி ஆலை , பன்முகப்படுத்தப்பட்ட ஆற்றல் , பேரரசு பன்முகப்படுத்தப்பட்ட ஆற்றல் ,

Carl S. Ewusiak named as President and elected to the Board of Directors of Empire Diversified Energy, Inc.

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FORT LAUDERDALE, Fla., Dec. 18, 2020 /PRNewswire/ Empire Diversified Energy, Inc. (OTCQB: MPIR), announced today that Carl (Scotty) Ewusiak has been unanimously named to the Board of Directors of the Company, as well as approved by the Board to serve as Empire s President. Empire recently closed on a $26 million tax-exempt funding with the West Virginia Economic Development Authority, underwritten by Citigroup, and subscribed by Principal Street Partners, and Nuveen. Mr. Ewusiak has for many years functioned as owner and operator of the facilities in and around Follansbee, West Virginia that were acquired by Empire as a first phase in a broader project of acquisition and development in the area. According to Lawrence Chimerine, Chairman of the Board of Directors of Empire Diversified Energy Corp.: Scotty s extensive experience in the area, his contacts and associations developed over the years, and the broad success that he h ....

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Empire Diversified Energy Inc. Closes its $26 million dollar funding offering to enhance its corporate acquisition/expansion plan.

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FORT LAUDERDALE, Fla., Dec. 16, 2020 /PRNewswire/ Empire Diversified Energy, Inc. (OTCQB:MPIR) offered additional details today regarding the recent closing of its $26 million funding, and the asset acquisition and expansion that has already begun as a result. As noted in its release of 12/2/2020, Empire s funding resulted from the issuance by the West Virginia Economic Development Authority of tax-exempt Dock and Wharf Revenue Bonds. The bond issuance, underwritten by Citigroup, was purchased primarily by Principal Street Partners and Nuveen Investments. This funding will enable Empire Trimodal Terminal, LLC, a new wholly owned subsidiary of MPIR, to acquire, expand and diversify the existing Facilities and operations at the Site. ....

West Virginia , United States , Scott Ewusiak , Lawrence Chimerine , Frank Rosso , Norfolk Southern Railway , Empire Diversified Energy Inc , Virginia Economic Development Authority , Empire Trimodal Terminal , Us Army Corps Of Engineers , Empire Diversified Energy , West Virginia Economic Development Authority , Wharf Revenue , Principal Street Partners , Ohio River , Norfolk Southern , Empire Diversified , Ohio River Valley , Diversified Energy , மேற்கு வர்ஜீனியா , ஒன்றுபட்டது மாநிலங்களில் , வெளிப்படையான ரோஸோ , நார்ஃபோக் தெற்கு ரயில்வே , பேரரசு பன்முகப்படுத்தப்பட்ட ஆற்றல் இன்க் , வர்ஜீனியா பொருளாதார வளர்ச்சி அதிகாரம் , சிட்டி குழுமம் ,