Connect with us

By Press Release

DWG Capital Partners Invests in Waste-Water Treatment and Reclamation Facility in San Bernardino County, Calif.

Published

on

Friday, June 26th — DWG Capital Partners will work with the facility’s new operating partner, Stone Bear Reclamation, to treat non-hazardous wastewater, recycling as much as 150,000 gallons a day. Located at 11225 Mulberry Avenue, Fontana, Calif., the facility will help ease the state’s clean-water crisis, with a service radius that extends from the Mexican border to just south of Bakersfield, California.

The facility required both numerous federal and state approvals that were achieved over the last six months in SBR and DWG’s preparation for the re-opening of the plant.

“The legislative and regulatory hurdles are inherently very high for water treatment plants. They do so to protect California’s greatest resource – its water – and our partners at SBR handled the complex process with the highest efficiency and excellence. We are excited for the years ahead as we recapitalize and clear the way for the facility to process even higher volumes of treated water for both California and its western United States neighbors,” Dunning stated.

California’s demand for clean water reclamation services is extremely strong and the marketplace has a limited amount of approved facilities with only three similar plants in Southern California and two plants in Northern California. Notably, a high volume of clients had pre-ordered a significant portion of the plant’s water reclamation service capacity well before SBR’s full operational opening. They are now being immediately serviced as of the grand re-opening.

“Communities across the nation are facing water challenges that cost billions of dollars,” said Judd Dunning, president of DWG Capital Partners. “We were impressed by the plant’s new operator, Stone Bear Reclamation, and remain bullish on such alternative investments for our traditional NNN real estate sale-leaseback investors.”

Ralph Padilla, Stone Bear Reclamation’s general operations manager, added, “With a capacity to recycle up to 150,000 gallons a day, we will be able to release treated water back into the supply chain where it can be used again for things such as irrigation as part of a sustainability circle that will increase water supply as communities and demand for clean water, continue to grow.”

The water reuse is in line with the Environmental Protection Agency’s (EPA) National Water Reuse Action Plan to produce more local, sustainable and cost-effective water supplies.

According to Bluefield Research, reuse capacity of reclaimed water in the United States is expected to increase 37 percent by 2027. Industrial applications will grow 31 percent by the same year. The U.S. is already the largest reuse market by volume, with further future growth projected beyond that.

Robert Bianchi, Stone Bear Reclamation’s chief financial officer, noted, “Throughout the United States, communities are grappling with a variety of critical infrastructure issues impacting the public’s need for not just clean water, but safe roads and bridges, efficient transportation, energy and data. With cities and municipalities unable to sustain these assets, socially responsible private investment has become a very solid, attractive and viable alternative while also considering environmental impact.”

Dunning, a veteran capital markets expert who previously served as managing director at Newmark Knight Frank, also noted, “The Environmental Protection Agency has estimated that over $743 billion is needed for water infrastructure improvements across the U.S. By leveraging our expertise in the capital markets, we are confident that this initial investment by DWG Capital Partners will perform well as part of what is a nationwide effort to improve drinking water and waste-water treatment.”

He said, “We see opportunities such as the Inland Empire-based Stone Bear water treatment facility as investments that are more immune to business downturns and can also serve as a hedge against future e-commerce risks that other asset classes face. Our ability to manage this type of impact investment across a variety of assets has enabled us to build a successful pipeline of well-positioned placements for our clients.”

The Inland Empire Business Journal (IEBJ) is the official business news publication of Southern California’s Inland Empire region - covering San Bernardino & Riverside Counties.

Continue Reading
Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

IECE Presents its Inaugural State of Entrepreneur Report on Dec. 9

Published

on

The first-ever State of Entrepreneurship Address for the Inland Empire is being held by the Cal State San Bernardino Inland Empire Center for Entrepreneurship on Thursday, Dec. 9, from 5-8 p.m. at 4th Sector Innovations in Ontario. 

IECE’s goal in producing the State of Entrepreneurship research study is to bring the voice of local entrepreneurs to those who need to hear it most – local and state policymakers, community organizations, lenders, and other resource providers. 

The Voice of the Entrepreneur survey, on which the address is based, sends powerful feedback on the challenges that entrepreneurs and business owners of the Inland Southern California region face. 

Survey results were drawn out earlier this year by reaching out to IECE’s extensive network, consisting of more than 10,000 entrepreneurs and business owners representing a diverse group of industries. The IECE will continue to distribute the Voice of the Entrepreneur survey in the spring of each calendar year to find out what Inland Empire entrepreneurs and business owners are going through. 

The report is a potent tool for policymakers, economic impact drivers, and business owners and entrepreneurs to analyze growth potential within the region. Using measurable data, the goal is to identify the challenges and opportunities facing local business owners and obstacles that may be impeding business growth. 

The result is a concise report that gives insight into how we can effectively learn and evolve together with a regional focus. 

The evening will start and end with networking and food; in between, the SOER report will be presented, which includes examining the indicators of entrepreneurial activity and how the IE measures up as a region; learning of the Voice of the Entrepreneur direct survey results and the common themes, as well as an IE Ecosystem assessment; and regional perspectives from influencers that include: 

  • Rod Vandenbos, founder and CEO, buzzbox beverages, Indio; 
  • Mike Napoli, Tech Coast Angels, Palm Springs; 
  • Edward Ornelas, Jr. President, Inland Empire Regional Chamber of Commerce
  • Ana Karina Suchánek, president, Cask Restaurant Group, Inc., Rancho Cucamonga; and 
  • Pepi Jackson, president and CEO, Riverside Black Chamber of Commerce 

Click the following link – Secure Your Spot for the 2021 State of Entrepreneurship Address – to attend, network and learn more about entrepreneurship in the region. Whether you are a seasoned or soon-to-be entrepreneur, there is a perspective for everyone who wants to know more about how to strengthen the Inland Empire economy.

The presentation will unveil breakthrough metrics and perspectives on the State of Entrepreneurship throughout the Inland Empire, including: 

  • Why a report like this is essential for the collective growth of our region; 
  • What the report consists of: indicators for entrepreneurship and what real entrepreneurs in our communities are telling us through our Voice of the Entrepreneur survey results; and
  • Regional perspectives from influencers and officials that are active in our ecosystem. 

The event will also include food and cocktails while networking within an inspirational setting at 4th Sector Innovations Ontario. 

To learn more, visit the IECE State of Entrepreneurship Report website

Continue Reading

By Press Release

Southwest Airlines will fly from Ontario International Airport, CA, to Austin in 2022

Published

on

The announcement from Southwest Airlines that it will fly daily nonstop from Ontario International Airport (ONT) to Austin (AUS) starting in March 2022 is welcome news for the Southern California gateway and the Inland Empire.

The announcement from Southwest Airlines that the low-cost carrier will fly daily nonstop from Ontario International Airport (ONT) to Austin (AUS) starting in March 2022 is welcome news for the Southern California gateway and the Inland Empire.

Southwest will offer flights between ONT and Austin-Bergstrom International Airport daily on the following schedule effective March 10, 2022.

Flt #OriginDestinationDepartureArrivalFrequencyAircraft
1204ONTAUS10:55 a.m.3:35 p.m.Mon – Fri &
Sun
737-700
474ONTAUS9:50 a.m.2:30 p.m.Sat737-700
1739AUSONT4:35 p.m.5:55 p.m.Mon – Fri &
Sun
737-700
257AUSONT2:55 p.m.4:10 p.m.Sat737-700

The new flights are available for booking immediately at southwest.com.

“The addition of the Texas state capital to our route map is welcomed news and further indication of confidence by ONT’s largest air carrier,” said Alan D. Wapner, President of the OIAA Board of Commissioners. “It is also another sign that ONT’s recovery from the COVID-19 pandemic is well underway and gaining momentum.”

The announcement of the new Southwest flights comes as ONT continues to experience an impressive pandemic recovery. In August, ONT reported passenger traffic was within 7% of pre-COVID levels.

Continue Reading

By Press Release

Family Fun Month of Rides, Slides & Glides

Published

on

Alpine Slide Big Bear Observes Family Fun Month with a Variety of Delights 

August is Family Fun Month, and Alpine Slide Big Bear (Alpine Slide) is the premier spot in Big Bear that gives families an opportunity to soak up the joys of summertime fun together. Alpine Slide provides guests of all ages, from toddlers to grandparents, a variety of family-fun offerings, which includes a double waterslide, a mountain coaster thrill ride, a zipline-style flight, the Alpine Slide bobsled experience, go-karts and miniature golf. 

“The great thing about having a variety of attractions is it gives families a chance to pick and choose what best appeals to them,” said Alpine Slide Big Bear General Manager Julie Eubanks.

Family Fun Month occurs every August, and undoubtedly August happens to be one of the hottest months that many Southern California communities have to face each year. However, Big Bear is a great place to escape the daunting heat. Not only is Big Bear 20 to 30 degrees cooler than most of Southern California’s hot zones, but Alpine Slide’s double waterslide gives families who seek refuge from the heat an extra bonus to cool off. Kids can splash all day on two flumes of cascading water, turning and banking on the way to a 3 ½ – ft. deep, heated splash pool. Parents can spread a blanket out on the grass, or relax on the shaded, wrap-around deck at the base of the double waterslide. 

“Alpine Slide is also home to three attractions that are the first and only in California, which includes the Mineshaft Coaster, the Soaring Eagle, and the Alpine Slide,” added Eubanks. “Each of these rides offers something unique and suitable for all ages.” 

Mineshaft Coaster, which is the first and only mountain coaster in California, is an amusement-style, thrill ride that stretches over one mile long on a stainless-steel-tube track. It has all the bells and whistles of a roller coaster such as steep descents, hairpin turns, tunnels, bridges and 360-degree corkscrews. Here’s the kicker…the rider actually controls the speed of the coaster cart, which can reach max speeds of 30 mph.

The Soaring Eagle is a one-of-a-kind ride not seen anywhere else in California either. The Soaring Eagle has dual seats so a parent and child can ride side-by-side. It starts by lifting riders backwards on a zipline cable to a 70-foot tall launch tower. Once it reaches the top, it then catapults forward at 26 mph, on a 100-foot long vertical drop, that travels 500 feet back to the base. The Soaring Eagle not only offers folks an opportunity to experience the sensation of flying, but they are treated to a bird’s eye view of Big Bear Lake and surrounding mountain vistas, too. 

Another distinctive attraction on site is the Alpine Slide, which is the only authentic bobsled /luge experience in California. Riders navigate their own individually controlled sleds down a quarter-mile long concrete track with high-banked turns and long straight-aways. Each sled is equipped with Teflon runners, ball bearing wheels, control handle and brakes. Youngsters who meet the height requirements can ride with their parents on this fun-filled feature ride.  

Rounding off the family-fun activities at Alpine Slide is a go-kart track, putt-putt golf and video arcade. When it’s time for a break, head inside for an ice-cream cone. An ice-cream bar located at the snack bar offers 12 different tasty flavors to choose from, such as Banana Split, Cotton Candy or Birthday Cake!     

Alpine Slide, located at 800 Wildrose Lane (just off Big Bear Blvd.), is open daily. The Summer hours of operation are Sunday through Thursday from 10 a.m.- 6 p.m. and Friday and Saturday from 10 a.m. to 9 p.m. For general information, height requirements, pricing and specific hours for each attraction, please visit AlpineSlideBigBear.com or call 909-866-4626. 

Continue Reading

ADVERTISEMENT

Business Journal Newsletter

Trending