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1.

Scotland to trial an all-electric road gritter unit from Bucher

Transport for Scotland will be trialling an all-electric gritter unit from Swiss company Bucher Municipal along the Forth Bridges this winter. The Electra 100% Electric Gritter: SEIV 19 – 350 is a ve ......

  • Administration & Marketing
  • 30 Nov 2019
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Description Transport for Scotland will be trialling an all-electric gritter unit from Swiss company Bucher Municipal along the Forth Bridges this winter. The Electra 100% Electric Gritter: SEIV 19 – 350 is a version of Bucher’s Phoenix Electra in which a 48V electrical system replaces the usual hydraulic systems. It is powered by a lithium battery and brushless motors with dedicated and integrated inverter. Bucher says that the set-up avoids power losses and allows independent and proportional energy absorptions and management for each motor. Lithium technology also allows battery partial charge during the salt refilling operation, even if the battery is not flat. The carrier vehicle needs no modification because the Phoenix Electra is not run off the truck’s power. It is a real plug-and-play that can be mounted on each truck having adequate load capacity, savings all costs related to the truck installation and equipment. Transport for Scotland said it has 213 gritters at over 40 depots across the country. Specialist route-specific snow plans have been produced, in conjunction with road operators and Police Scotland, for the M8, M74, M77 and M80 motorways, following the significant snow events of recent years. Salt barns are full and hold almost 550,000 tonnes, which is more salt than was used during the whole of last winter. A gritter tracker software solution will be running again, letting people see live movement of gritters on the trunk road network and a trail with an age range for where gritters have previously passed along trunk routes. “We can’t prevent the weather, but we can make sure we’re as well prepared as possible,” said Michael Matheson, the Scottish government’s cabinet secretary for transport, infrastructure and connectivity.
Industry Administration & Marketing
Source https://www.worldhighways.com/categories/road-highway-structures/news/scotland-to-trial-an-all-electric-road-gritter-unit-from-bucher/
2.

Hungary accepts big penalty for mismanaging EU funds

BUDAPEST (Reuters) - Hungary has accepted a penalty for poorly managing funds it receives from the European Union that could cost Budapest more than 500 billion forints ($1.65 billion) in funding. Det ......

  • Hungary
  • Administration & Marketing
  • 16 Nov 2019
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Description BUDAPEST (Reuters) - Hungary has accepted a penalty for poorly managing funds it receives from the European Union that could cost Budapest more than 500 billion forints ($1.65 billion) in funding. Details of the penalty were set out in a document prepared by the European commissioner for neighborhood policy’s team for a meeting of the European Parliament’s Budget Control Committee on Monday. The document was posted on the committee’s website after the meeting. It showed Hungary had agreed to a 10% reduction in the EU funds deemed by the committee to have been mismanaged in the current 2014-2020 EU budget period. The penalty would amount to more than 500 billion forints, about 2% of Hungary’s economic output if it were paid in a single year. Right-wing Prime Minister Viktor Orban has clashed repeatedly with EU institutions and other member states over what they see as the erosion of the rule of law and Hungary’s use of EU funds. Orban rejects allegations that his government has eroded democratic checks and balances, and scoffed at a proposal to tie funding to upholding democratic principles and the rule of law. But in 2018, eight of the 30 EU funding programs that had to be “corrected” by the European Commission because of problems in how they were managed were Hungarian, according to the Commission, the EU’s executive. Citing a public procurement audit, the Commission identified Hungary as the EU member state with the weakest national management and control systems in 2018. ADVERTISEMENT Hungary could have challenged the Commission’s findings project-by-project but instead opted for a “10% flat-rate financial correction.” The Hungarian government did not respond to requests for comment. Benedek Javor, a former Green member of the European Parliament who opposes Orban, wrote in a blog post that the penalty showed that “even in regional terms, Hungary’s situation is tragic.”
Industry Administration & Marketing
Source https://www.reuters.com/article/us-eu-hungary-penalty/hungary-accepts-big-penalty-for-mismanaging-eu-funds-idUSKBN1XM23I
3.

Putnam Legislator Questions Contracts

Legislator Nancy Montgomery last week clashed with fellow Putnam County lawmakers for pushing ahead on contracts for the legislative attorney and auditors without public discussion or committee scruti ......

  • United States
  • Administration & Marketing
  • 16 Nov 2019
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Description Legislator Nancy Montgomery last week clashed with fellow Putnam County lawmakers for pushing ahead on contracts for the legislative attorney and auditors without public discussion or committee scrutiny. The lone Democrat on the nine-member Legislature, Montgomery, who represents Philipstown, cast the sole “no” votes on the renewals during a Nov. 6 meeting in Carmel. No information on either contract appeared in the meeting’s 118-page packet of background materials, which typically provide details on agenda items. “I just received this contract today,” Montgomery complained, referring to the agreement to retain Altieri & Firriolo, the firm of legislative counsel Robert Firriolo. “How come it did not go before a committee?” Montgomery also criticized the lack of review of the second contract, with auditors O’Connor Davies LLP. Legislature Chairman Joseph Castellano of Brewster said that Firriolo’s contract, which will pay his firm up to $75,000 for 2020, is for a four-year period that began in 2018, although the Legislature can endorse it yearly. Doing so “gives us the ability to come out of the contract if we want to,” he said. According to heavily redacted, itemized invoices obtained by The Current through a Freedom of Information Law request, Firriolo bills the county a flat fee of $5,833 per month, or $70,000 annually. He recorded an average of 58 hours per month from January through June, or the equivalent of about $100 per hour. (In Dutchess County, the part-time legislative counsel earns $60,000.) Montgomery recommended annual requests for proposals for professional services, arguing that “it would be good government to look at these contracts and discuss them every year. How can we proceed to be fiscally responsible if we are not looking at this? I want to be sure this body is doing its due diligence.” “We are looking at it every year,” Castellano replied. “We have a contract in front of us. We renew it every year. This is what we do.” He said Montgomery could try to postpone action, although “I don’t see the point.” Montgomery further warned that the contract language “goes against the spirit of municipal law and procurement policy.” When other legislators interrupted her, she objected that they sought to deny her a chance “to tell you what I see is wrong with the contract. I have a right to explain that.” She said she was not criticizing Firriolo, who “has been very helpful” on legislative matters. But she also recalled that she and he “have a long history” involving her efforts “to keep guns out of my Town Hall and trying to keep guns locked up.” (Before her election last year, Montgomery was a member of the Philipstown Town Board. In his private law practice, Firriolo has represented the Shooters Committee on Political Education, a gun-rights group, and the National Rifle Association. Gun activists protested in 2011 when Philipstown sought to prevent civilians from bringing guns onto town property and in 2018 when the Town Board established requirements for the storage of firearms.) As Montgomery tried to continue, other legislators urged a vote on the contract, cutting her off. After the vote, Montgomery sent The Current the critique she said she had been prevented from delivering at the meeting. Under the state’s General Municipal Law code, Montgomery wrote, legislators “are mandated to ‘assure the prudent and economical use of public moneys in the best interests of the taxpayers’ ” as well as to “ ‘guard against favoritism, improvidence, extravagance, fraud and corruption.’ ” In the minutes of the Legislature’s discussions when it initially hired Firriolo, Montgomery stated she could find nothing on “things like conflicts of interest. I believe it would be a conflict of interest if the law firm has ever represented any of the members of the Legislature in a legal matter, donated to any members of the Legislature, or donated to any political committees within the county, or done so through a spouse.” (State campaign finance reports show that Robert Firriolo of Carmel donated $120 this year to the re-election campaign of Carl Albano, the legislator whose district includes the hamlet of Carmel. Searches did not show any contributions by his firm. Firriolo could not immediately be reached for comment on the contribution or his contract with the Legislature.) HER CRITIQUE ALSO FAULTED A DEMAND THAT THE COUNSEL’S WORK “BE PERFORMED … IN THE BEST INTERESTS OF THE COUNTY,” AS OPPOSED TO THE BEST INTERESTS OF THE LEGISLATURE. Montgomery proposed that legislators inquire whether its counsel “has any such relationships or has made such contributions and if so, to disclose” them in writing, and that legislators who have done business with him or received political donations recuse themselves from decisions involving his firm. “If not,” she asserted, “the avoidance of ‘favoritism, improvidence, extravagance, fraud and corruption’ will not be accomplished.” The contract with the Legislature requires its counsel to agree he “has no interest and will not acquire any interest, direct or indirect, that would conflict in any manner” with his duties. However, Montgomery argued the stipulations could go further. Her critique also faulted a demand that the counsel’s work “be performed … in the best interests of the county,” as opposed to the best interests of the Legislature. “While this may seem unimportant,” she explained, “the Legislature is a separate branch of government — despite the observation that there seems to be very little separation — whose interests may be different from [those of] the county, which may be defined to be the executive branch” or the county executive’s administration.
Industry Administration & Marketing
Source https://highlandscurrent.org/2019/11/15/putnam-legislator-questions-contracts/
4.

Swedish Solar Expo touts solar and hydrogen community project

Visitors to Sweden often note an affinity to technology in public and daily life; an urge to make everything quicker, smoother, neater and simpler is evident almost everywhere. It should come as no su ......

  • Sweden
  • Administration & Marketing
  • 14 Nov 2019
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Description Visitors to Sweden often note an affinity to technology in public and daily life; an urge to make everything quicker, smoother, neater and simpler is evident almost everywhere. It should come as no surprise then, to learn Sweden’s solar community did not disappoint when it came to presenting technology solutions that flew in the face of harsh winters and meager solar irradiation half the year round. An enthused crowd of solar installers, manufacturers and distributors, as well as city council representatives, visited the country’s most prominent solar energy event: Solmässan, held today in the city of Uppsala, not too far from Stockholm. Sweden installed just 180 MW of solar generation capacity last year. That small figure represented 100% growth from the previous year. Industry insiders expect an 80% leap this year and see no reason for the pattern to change in 2020. As implied by the capacity figure quoted, residential installations currently drive Swedish PV. Joan Carlehed, manager of sustainable development at flat-pack furniture king Ikea, is delighted his employer is now selling its Solstråle (Sunray) solar system in its own back yard. Ikea launched the product in Germany and Italy earlier this year, but has now been shifting units in Sweden for a month or so. “We have been selling a lot and the customer response is excellent,” Carlehed told pv magazine. Back on stage, the manager shared the company’s vision of sustainable living for 1 billion people by 2030. Solar system capacity cap The furniture retailer is doing its bit despite a national 255 kW generation capacity cap for privately-owned solar systems. Ikea could easily bust through that limit on its warehouse roofspace and Carlehed was not alone in calling for the cap to be removed. Filip Elland, of real-estate company Castellum, said the restriction has limited commercial and industrial PV installations by 45%. The privately-owned solar system capacity ceiling was introduced in an attempt to avoid overburdening the grid but Swedish companies and municipalities say they want to forge ahead and install solar and hydrogen systems to provide them with year-round renewable energy, heat and transport. Hans Olof Nilson, CEO of Nilsson Energy, told attendees in Uppsala of his company’s ambition to turn homes and apartment blocks into energy independent entities with the help of solar-powered hydrogen electrolysis and fuel cells. It is no pipe dream. After installing the system on a demonstration house near Gothenburg in 2015, Nilsson founded the company and is now realizing such projects in Sweden. Susanné Wallner, development strategist for the city of Mariestad, on Lake Vännern, said the municipality is home to the world’s first solar-powered hydrogen fueling station for cars, has installed monorail, on-the-go battery charging stations for electric buses, is planning a hydrogen train and wants to use the element to power public buildings such as kindergartens and housing projects. Grid ancillary services A desire for the same problem-solving, get-up-and-go approach to combating climate change was thwarted in Uppsala, according to Ulf Näslund, from real estate company Vasakronan, and regional representative Marcus Nystrand. The pair described how a plan to charge electric buses directly from a 4.7 MW solar project was stymied because the solar electricity generated has to be injected into the grid instead. And as the energy storage industry repeats calls for policymakers around the world to recognize the value of its grid balancing services, it appears Sweden isn’t hangin’ about. “The market for such [grid frequency regulation] products was designed around hydropower stations many years ago,” said Johanna Lakso, of electromobility industry group Power Circle. “The minimum power you had to provide was 10 MW.” Next year, that figure will fall to 1 MW or 100 kW, depending on the grid ancillary service on offer. “At these levels, aggregators could step in and offer residential solar and battery power on the market for these services,” said Lakso. Where regulatory change is not swift enough, there is always that sense of Swedish innovation, as Jörn Passoth from Ecosand Nord AB explained. His company shaved SEK500,000 ($51,000) per year off Uppsala council’s heating bill. How? By developing a type of sand used between the fibers of outdoor astroturf soccer pitches that does not freeze when the temperatures fall. You see, it doesn’t all have to be about solar.
Industry Administration & Marketing
Source https://www.pv-magazine.com/2019/10/29/swedish-solar-expo-touts-solar-and-hydrogen-community-project/
5.

South Korea’s 2.1 GW floating solar project overcomes first hurdle

The Korean Ministry of Defense has said the huge project will not interfere with the flight operations of U.S. forces stationed in a base near Saemangeum, an estuarine tidal flat on the coast of the Y ......

  • Korea South
  • Administration & Marketing
  • 14 Nov 2019
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Description The Korean Ministry of Defense has said the huge project will not interfere with the flight operations of U.S. forces stationed in a base near Saemangeum, an estuarine tidal flat on the coast of the Yellow Sea where the plant would be deployed. NOVEMBER 4, 2019 EMILIANO BELLINI The South Korean Ministry of Defense has confirmed the 2.1 GW floating solar plant the government is planning to build near the Saemangeum tidal flat, on the coast of the Yellow Sea, will not affect flight operations at a nearby U.S. forces base. Defense Ministry spokesman Choi Hyun-soo told a public hearing development of the project had not been challenged by the U.S.’ United States Forces Korea (USFK) division – contrary to a report a day earlier run by the Chosun Ilbo newspaper – and had no objection to the project. The South Korean government news service, which reported on the hearing, said Choi stated: “It is not true that Saemangeum’s photovoltaic project will interfere with USFK flight operations.” The conservative Chosun Ilbo claimed the USFK feared panel light reflection could interfere with military flights and landing operations at Gunsan Airfield, 3km from the project site. The newspaper reported Korea Hydro & Nuclear Power, a unit of state-owned utility Korea Electric Power Corporation, is responsible for developing the project, and had dismissed the concerns. The KRW4.6 trillion ($3.96 billion) project was announced by the Korean government in July. It is part of renewed efforts by Seoul to increase the share of renewable energy in the country’s electricity mix. A 3 GW ground-mounted solar project was announced for the Saemangeum area by South Korean president Moon Jae-in last November. The country is aiming to install 30.8 GW of solar generation capacity by 2030.
Industry Administration & Marketing
Source https://www.pv-magazine.com/2019/11/04/south-koreas-2-1-gw-floating-solar-project-overcomes-first-hurdle/
6.

Intersect Power Announces Big Portfolio Of Shovel-Ready Texas, California Projects

Intersect Power, a utility-scale renewable energy developer, has entered late-stage development on a portfolio of solar power plants with a combined capacity of more than 1.7 GW. The five shovel-read ......

  • United States
  • Administration & Marketing
  • 02 Nov 2019
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Description Intersect Power, a utility-scale renewable energy developer, has entered late-stage development on a portfolio of solar power plants with a combined capacity of more than 1.7 GW. The five shovel-ready projects, located in California and Texas, will begin construction in 2020. Intersect Power says it has contracted with local utilities and other wholesale energy buyers on a series of power purchase agreements, as well as more sophisticated energy or renewable energy credit hedges. The company has negotiated a combination of purchase and lease agreements and finalized all material permits for the various sites, which are primarily located on disturbed former agricultural and grazing lands. Advertisement Schneider Electric “Over the past two years, our team of roughly 20 people, with relatively little risk capital, has gone from a flat start to over 1.7 GW of fully developed, contracted, shovel-ready projects,” notes Sheldon Kimber, CEO and co-founder of Intersect Power. First Solar will supply more than 3.7 million Series 6 thin-film photovoltaic modules as part of a multiyear deal, while NEXTracker will provide its NX Horizon solar trackers, equipped with TrueCapture intelligent control software. Signal Energy will be in charge of engineering, procurement and construction (EPC) activities. Georges Antoun, chief commercial officer of First Solar, says the order represents the largest to date for the company’s Series 6 modules. “Intersect Power’s decision to invest in Series 6 on such a large scale validates the technology’s performance advantage over conventional solar panels, its competitiveness and its bankability,” says Antoun. The cumulative output of the five solar plants will power the equivalent of nearly 357,000 homes and result in some 2.75 million tons of avoided CO2 emissions per year, says Intersect Power. Details of the projects are as follows: Juno, Borden County, Texas: 425 MW; scheduled to begin construction February 2020. Titan, Culberson County, Texas: 375 MW; scheduled to begin construction March 2020. Aragorn, Culberson Country, Texas: 250 MW; scheduled to begin construction June 2020. Athos I, Riverside County, Calif.: 350 MW; scheduled to begin construction June 2020. Athos II, Riverside County, Calif.: 300 MW; scheduled to begin construction October 2020.
Industry Administration & Marketing
Source https://solarindustrymag.com/intersect-power-announces-big-portfolio-of-shovel-ready-texas-california-projects
7.

Tri Global Energy sells Texas wind project

Tri Global Energy has reached an agreement to sell the 360MW Canyon Wind project to Silverpeak, an alternative investment firm focused on real estate, energy and credit. Originated by Tri Global En ......

  • United States
  • Administration & Marketing
  • 23 Oct 2019
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Description Tri Global Energy has reached an agreement to sell the 360MW Canyon Wind project to Silverpeak, an alternative investment firm focused on real estate, energy and credit. Originated by Tri Global Energy through its proprietary community sponsorship business model, the Wind Force Plan, the Canyon Wind project occupies over 38,000 acres of flat farm and ranch land with nearly 150 participating landowners. Tri Global will maintain its role as lead developer through project financing and construction.
Industry Administration & Marketing
Source https://www.windtech-international.com/projects-and-contracts/tri-global-energy-sells-texas-wind-project
8.

ADLER Czech launches a unique hybrid photovoltaic system

The operation of the unequivocally state-of-the-art hybrid photovoltaic system with battery accumulation is officially launched by ADLER Czech as part of its logistics center in Ostrava - Kuncicky. Th ......

  • Czech Republic
  • Administration & Marketing
  • 14 Oct 2019
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Description The operation of the unequivocally state-of-the-art hybrid photovoltaic system with battery accumulation is officially launched by ADLER Czech as part of its logistics center in Ostrava - Kuncicky. The combination of 947 photovoltaic panels on the roof and shell of the building with a large-capacity battery and cogeneration units ensures almost 100% electricity consumption of the whole building. Along with this, it also ensures the charging of forklifts and electric vehicles. The 296 kWp photovoltaic power plant has two parts - on the facade and on the flat roof. Part of the façade will be complemented by the production of electricity by cogeneration units, especially in winter. Allblack panels are used for the facade. In addition to the nickname for the New Zealand rugby team, it is also a sign of a photovoltaic panel, which has a maximum of visible parts in black. Under optimal conditions, the power of 1 panel is 320 Wp. The photovoltaic power on the facade is 77 kWp. The winter sun is only about 20 ° above the horizon, and therefore the installation of photovoltaics on the facade is suitable with regard to the need for year-round electricity production. “We very much welcome and support green energy sources. They are environmentally friendly and thus socially responsible for future generations. It is an effective use of European subsidies, namely Adler was worth more than 10 million crowns, ” says Deputy Prime Minister and Minister of Industry and Trade Karel Havlícek and adds: “ Projects such as hybrid photovoltaic system also contribute to the Czech Republic concerns the share of renewable sources in electricity production. They are also an example of a unique combination of cutting-edge technology with a modern control and monitoring system. ” “The whole project is our most important and we are pleased with its successful implementation, but it is primarily one of many, by which we fulfill the goals of responsible business,” says Radek Veselý , Statutory Director of ADLER Czech . Battery capacity (up to 360 kWh) can be “software-controlled” - depending on current usage and operating requirements. For example, the system can be set so that the batteries are always charged to 50 percent, so the object is ready for the case of blackout. The batteries have two separate converters with a total charging and discharging power of 200 kW. Up to this power, it is possible to operate in standby mode - for example in the event of a power failure. Batteries are a combination of lithium, iron and phosphate with regard to high safety especially from the point of view of burning. The expected service life is 6000 cycles. With fully charged batteries, the warehouse can operate for several hours in an emergency. In addition, if the sun is shining, or if it is possible to start cogeneration units, independence from the grid will be no problem in days. At full capacity, the photovoltaic system produces enough electricity to supply 100 family houses. Charging of forklifts and electric vehicles can be done in three basic modes: I have to charge now, just charge the next day and I can wait more days. In the case of the second and third variant, the system evaluates when it will be most advantageous in terms of energy prices and also the current consumption of the building. The weather forecast is also taken into account. For example, if we charge over the weekend, the system will wait until Sunday if nice weather is reported. We then assume that there will be enough energy from the photovoltaic power plant = energy will be “free”. Power output: 296 kWp Annual production: approx. 280 000 kWh Number of PV panels: 947 pcs The investment in a unique hybrid solar system reached 15 million crowns and the project was built in three months. The zero emission photovoltaic power plant complex, together with a three million investment in condensing cogeneration units that ensure environmentally friendly production of electricity and heat for warehouses, will clearly reduce the carbon footprint of the logistics center to a minimum. The project entitled Acquisition of accumulation including RES in ADLER Czech, as, project number: CZ.01.3.14 / 0.0 / 0.0 / 16_132 / 0010593 is co-financed by the European Union from the OP EIC. The subject of the project is to increase self-sufficiency in the use of energy within the operation and activities of ADLER Czech, as The implementation of the project will have a positive impact on the environment and will also bring financial savings for applicants.
Industry Administration & Marketing
Source https://www.prumyslovaekologie.cz/info/adler-czech-zahajuje-provoz-unikatniho-hybridniho-fotovoltaickeho-systemu
9.

Tri Global Energy Sells 360 MW Texas Wind Project to Silverpeak

DALLAS, Oct. 1, 2019 /PRNewswire/ -- Tri Global Energy, the leading wind developer in Texas and dominant in the U.S., has reached an agreement to sell the 360 MW Canyon Wind project to Silverpeak, an ......

  • United States
  • Administration & Marketing
  • 02 Oct 2019
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Description DALLAS, Oct. 1, 2019 /PRNewswire/ -- Tri Global Energy, the leading wind developer in Texas and dominant in the U.S., has reached an agreement to sell the 360 MW Canyon Wind project to Silverpeak, an alternative investment firm focused on real estate, energy and credit. Originated by Tri Global Energy through its proprietary community sponsorship business model, the Wind Force Plan, the Canyon Wind project occupies over 38,000 acres of flat farm and ranch land with nearly 150 participating landowners. Tri Global will maintain its role as lead developer through project financing and construction. "Among West Texas greatest assets are world-class wind and the many benefits wind energy brings to the region. We are excited about reaching this new milestone for our Canyon Wind energy project," said John Billingsley, Chairman and CEO of Tri Global Energy. "We look forward to an active partnership with Silverpeak. Texas continues to be a great place to do business for the development of the growing clean energy pipeline." "It is a pleasure to partner with Tri Global, an experienced renewable energy developer that has already brought value to the project," said Santosh Raikar, Silverpeak Managing Partner and Head of Silverpeaks Renewables group. "We are particularly excited about this development being situated on the right – or eastern – side of ERCOT West, which is devoid of transmission congestion that could affect the pricing and return for producing reliable, economical, and eco-friendly electric power."
Industry Administration & Marketing
Source https://www.prnewswire.com/news-releases/tri-global-energy-sells-360-mw-texas-wind-project-to-silverpeak-300928986.html
10.

The future of former Buenos Aires Design: the striking project proposed to raise $ 15 million on the property

This is the plan of one of the groups that submitted to the tender to succeed IRSA in the concession of the property located in the Recoleta neighborhood One of the groups that presented an offer to ......

  • Argentina
  • Administration & Marketing
  • 30 Sep 2019
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Description This is the plan of one of the groups that submitted to the tender to succeed IRSA in the concession of the property located in the Recoleta neighborhood One of the groups that presented an offer to stay with the tender of the former Buenos Aires Design proposes the construction of an entertainment pole similar to those already operating in the great capitals of the world. This is Hatzalaja, a company made up of foreign investors from Uruguay and Panama, who chose this word in Hebrew that refers to good luck or good luck, to appear in the tender called by the government of the City of Buenos Aires in order to concession the property for the next 15 years. The objective of this group is to transform the former Design flat, abandoning the concept of “shopping” that IRSA, its former dealer, had imposed on it. The idea is to turn it into a mega amusement park with similar characteristics to those found in cities such as Dubai, New York or the capital of Panama itself. According to the specifications submitted to the Buenos Aires authorities, the company that promotes this change of image for the land located on Plaza Francia is made up of the Panamanian company Urban Development and the owner of the Oh La Barra shopping center, located in the Uruguayan resort of Punta del This. In fact, the name chosen to baptize the entertainment center if they are winners of the tender is "Oh Buenos Aires" instead of Design, in addition to raising investments of US $ 15 million to carry out the process. The plan is based on the know-how of the Panamanian group, which already operates entertainment centers and more than 15 malls in its country and in other regions of Central America. About Recoleta, he considers that it is not necessary to bet on the retail business in the area, because he understands that it is already covered with the activities of nearby shopping malls such as Patio Bullrich or Paseo Alcorta, both owned by IRSA. This is a different project from the holding company commanded by Eduardo Elsztain and which raises the continuity of the style that he imposed on Design during his years in charge of the concession of the property, but also includes the development of a shopping center not only for decoration and design, with a gastronomic pole. But in addition to IRSA, Hatzalajas proposal must compete with those of two other companies that presented alternative projects for Design, such as Engineering and Architecture, and Nuevo BAD. In the case of the first, it is made up of Interurban, one of the main companies dedicated to the real estate business and which was responsible for designing the commercial layout and launching the Design.
Industry Administration & Marketing
Source http://www.construar.com.ar/2019/09/7856-el-futuro-del-ex-buenos-aires-design-el-llamativo-proyecto-que-proponen-levantar-en-el-predio-us-15-millones/

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