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DC Water and EPA agreed upon new nitrogen limits as part of the NPDES permit effective September 2010, reducing nitrogen levels to 4.7 million pounds per year. DC Water plans to achieve these levels by constructing new facilities at Blue Plains to perform enhanced nitrogen removal (ENR). The total cost of the project is nearly $1 billion. [15]
Structure of a private equity or hedge fund, which shows the carried interest and management fee received by the fund's investment managers. The general partner is the financial entity used to control and manage the fund, while the limited partners are the individual investors who receive their return as capital interest. [1]
The founding date of Thayer Capital Partners has been variously listed as 1991 (PE HUB), 1993 (Washington Post), and 1994 (company website) but sources are consistent that it was founded in Washington, DC. From its founding up to 2004 Thayer invested in over 30 portfolio companies with total revenue in excess of $3 billion. [2]
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A stormwater fee is a charge imposed on real estate owners for pollution in stormwater drainage from impervious surface runoff. This system imposes a tax that is proportional to the total impervious area on a particular property, including concrete or asphalt driveways and roofs, that do not allow rain to infiltrate.
The first stormwater fee nationwide was enacted in Washington in 1974. [1] There are now nearly 1,500 jurisdictions with similar policies to address stormwater management. [ 2 ] Numerous counties in Maryland have implemented fees and programs to address polluted runoff since the 1980s. [ 2 ]
Its first fund closed in 2000 after raising $450 million. [3] The second fund closed in 2006 with $575 million raised, their third fund closed in 2011 with $415.5 million, their fourth fund closed in 2016 with $700 million, their fifth fund closed in 2019 with $1.7 billion raised, and their sixth fund closed in 2023 with $3.8 billion raised.