Fully Subscribed Projects
Infrastructure Investment Group IX
CMB Group IX is an EB-5 infrastructure investment of $90 million into two solar electric power generating systems to be developed by SolarReserve, LLC. Group IX will be the fourteenth EB-5 Investment offered by CMB Regional Centers (CMB). With the completion of CMB Infrastructure Investment Group VIII (2012) and Group IX, CMB Regional Centers will encompass 1,222 investors from forty-five countries from around the world.
CMB Infrastructure Investment Group X
CMB Group X will provide a total of $104 million in EB-5 capital for infrastructure and construction projects related to the construction of a New World Headquarters office building and Parking Structure for the Goodyear Tire and Rubber Company in Akron, OH.
Infrastructure Investment Group VIII Partnership
CMB Infrastructure Investment Group VIII is an initial loan of $45 million to a subsidiary of Hillwood Development Company to develop logistics, distribution and warehouse facilities in California’s Inland Empire. It’s anticipated the authorization to raise capital could increase the final loan amount to $65 million.
Infrastructure Project Group VII Partnership
CMB Infrastructure Investment Group VII was a $90 million infrastructure investment loan to BrightSource Ivanpah Funding’s, LLC (BSIF), BrightSource, the developer of the 392 MW Ivanpah solar power project in San Bernardino, California. The project consists of three individual solar energy plants. Ivanpah is a $2.2 billion project and it represents the largest solar power project under construction in the world.
Group VII Project News- $2.2 billion Ivanpah solar plant nears completion
July 29, 2013
IVANPAH: $2.2 billion Ivanpah solar plant nears completion. The giant Ivanpah solar plant in the Mojave Desert approximately 110 miles east of Barstow and five miles west of the California-Nevada border will soon go online.
Group VII Project News - Mojave Mirrors: World's Largest Solar Plant Ready to Shine
July 25, 2013
The huge Ivanpah solar plant is part of a push to expand renewable energy on U.S. federal land. The developer took steps to relocate a population of the endangered desert tortoise. The Ivanpah Valley of the Mojave Desert in California is home to spiky yucca trees, long-nosed leopard lizards, loggerhead shrikes, and a rare species of tortoise—and soon, the largest solar thermal energy plant in the world.
CMB REGIONAL CENTERS AT THE 2013 PUBLIC-PRIVATE PARTNERSHIP CONFERENCE
February 13, 2013
CMB Regional Centers will have a dual role in the upcoming Public-Private Partnership Conference (P3C) on February 21st and 22nd. Firstly, CMB will be an exhibitor on the conference floor on both meeting days. Members of the team will be available for questions or comments at the CMB Regional Centers booth location during all networking timeslots. Attendees will also have the opportunity to speak in-person with Senior Vice President Kraig Schwigen.
CMB REGIONAL CENTERS SELECTED TO OPERATE THE IOWA REGIONAL CENTER
January 30, 2013
CMB Regional Centers is proud to announce their appointment as the exclusive operator of the Iowa Regional Center. The Iowa Economic Development Authority (IEDA) will continue to administer the activities of the Iowa Regional Center while working cooperatively with CMB on the development and selection of approved projects for EB-5 investment activities. CMB will manage and operate the day to day activities of the Regional Center and those Iowa projects selected for investment. The IEDA will be seeking an expansion of its geographic scope and industry sectors thereby expanding the role EB-5 can play in economic development in Iowa.
How to find the right EB-5 Regional Center
October 16, 2012
Finding the right EB-5 regional center can be a challenge. With over 200 centers nationwide, the process may seem confusing if not overwhelming. According to CMB’s Kraig Schwigen, Vice President of World Wide Operations, finding a good regional center should be approached like a homework assignment.