Lime Energy (Nasdaq:LIME) reported that it has received a contract with an ESCO partner for 50 schools in Prince George County, MD.
The project consists of water retrofit upgrades and building envelope improvements for energy efficiency. The company has been working for several months at each location to develop and present the final scope and total savings. Under the contract, Lime’s Public Sector division (formerly known as Applied Energy Management) will provide the installation of water saving technologies including new low flow water closets, the retrofit of urinals, new showerheads, and faucet aerators. Total water savings is estimated to be over 18.7 million gallons per year.
LNB Bancorp, Inc. (Nasdaq:LNBB) declared recently a fourth quarter 2010 cash dividend of $.01 a share, payable on January 1, 2011 to shareholders of record on December 4, 2010.
LNB Bancorp, Inc. operates as the holding company for The Lorain National Bank, which provides personal, mortgage, and commercial banking products; and investment management and trust services to individuals and businesses in Ohio. It accepts savings, money market, demand, interest checking, and time deposits, as well as certificates of deposit.
DryShips Inc. (Nasdaq:DRYS) reported on December 02, 2010 that its subsidiary, Drillships Hydra Owners (the owning company of the Ocean Rig Corcovado), has signed a commitment letter with an international lender for a $325 million Senior Secured Bridge Loan Facility.Under the terms of this facility which is expected to be executed no later than December 31, 2010, the loan is to be utilized in one single drawdown to fund the delivery installment of the Ocean Rig Corcovado (Hull 1837) scheduled for delivery from Samsung Heavy Industries in January 2011.
The bridge loan has a maturity of six months after the drawdown date.
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