Alexandra Lumpkin joins as the company’s first General Counsel from Lennar

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, today announced it has named Alexandra Lumpkin as the company’s first General Counsel. Reporting to Real Chairman and Chief Executive Officer Tamir Poleg, she will be responsible for directing the company’s legal and compliance matters.

“We are thrilled to welcome Alix to our leadership team. She is an incredibly talented attorney who joins Real with an ideal combination of industry experience and achievements,” Poleg said. “Alix is an excellent addition to our leadership team as we continue to scale our business, instill a performance culture and achieve greater results for all of our stakeholders.”

Lumpkin brings extensive knowledge of the residential real estate industry, having spent nearly a decade at Lennar, one of the nation’s leading homebuilders.

“I am thrilled to join Real as it continues to rapidly grow its integrated technology across its brokerage, mortgage and title operations,” Lumpkin said. “Real’s expertise in delivering a performance-oriented platform along with its focus on revolutionizing the real estate experience, is such an appealing combination. I look forward to working with this talented team and helping to further drive its growth and success.”

She joined Lennar in 2013 as Associate General Counsel and was elevated to Deputy General Counsel in 2021. While at Lennar, Lumpkin led the company’s legal securities and corporate governance function, as well as other legal and advisory roles.

Prior to transitioning to an in-house legal position, Lumpkin focused her practice on advising public and private companies on capital markets transactions, disclosure and corporate governance matters and M&A transactions at Greenberg Traurig, LLP and Holland & Knight LLP, both multinational law firms.

She earned her bachelor’s degree from the University of Michigan and J.D. from the University of Florida, Fredric G. Levin College of Law.

About Real

The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 45 states, D.C., and three Canadian provinces with over 9,000 agents. Additional information can be found on its website at www.onereal.com.

Contacts

Investor inquiries:

Jason Lee

Vice President, Capital Markets & Investor Relations

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Director, Communications

elisabeth@therealbrokerage.com
201.564.4221

BETHESDA, Md.–(BUSINESS WIRE)–#AirPermit–Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, received on March 21, 2023 its construction permit from the Alabama Department of Environmental Management (ADEM) for its Epes plant under construction in Sumter County, AL. The revised permit enables Enviva to build a state-of-the-art sustainable biomass production facility at a brownfield site in Epes, AL, bringing jobs, infrastructure, and economic development to the region, while deepening Sumter County’s ties to the global economy.

In 2020, Enviva acquired over 300 acres of land on the coast of the Tombigbee River in Sumter County for its forthcoming Epes plant. The Enviva Epes site location resides on the former manufacturing site of a wood products company that had closed in recent years, resulting in job loss and depressed economic activity in the region.

“Enviva is excited to repurpose a former business site and construct a brand-new state-of-the-art manufacturing facility, jumpstarting economic growth and bringing employment opportunities back to the community,” said Thomas Meth, President and CEO of Enviva. “Enviva’s decision to locate a plant at the Port of Epes is expected to trigger a rebirth of economic activity in the Epes community. We hope that our decision to locate in Sumter County prompts others to do the same and we look forward to the day we get to officially call Sumter County home.”

Enviva has been active in Sumter County since its initial assessment of the site in 2018. Since then, Enviva has partnered with local government, first responders, and the faith-based community to help fulfill unmet needs and provide empowering programming for families. Once operational, Enviva’s Epes plant will be one of the largest taxpayers in the county, resulting in economic benefits to the community with funding for programs like road maintenance, schools, as well as safety, and emergency services.

“I am extremely thrilled and appreciative that this permit has been issued to Enviva,” said Marcus Campbell, Chairperson of the Sumter County Commissioners. “We are proud of the partnership and the opportunities that will come to Sumter County as a result of this magnificent collaboration. This is just another step in ensuring the economic revitalization of Sumter County will foster opportunities for citizens to live, work, play, and prosper.”

Enviva started preliminary construction of its fully contracted Epes plant in July 2022. The plant is expected to have a nameplate capacity of 1.1 million metric tons per year and is expected to be in service in 2024 and fully ramped in 2025. Once operational, the Epes plant is expected to support approximately 350 direct and indirect jobs, including in adjacent industries such as logging and trucking.

About Enviva

Enviva Inc. (NYSE: EVA) is the world’s largest producer of industrial wood pellets, a renewable and sustainable energy source produced by aggregating a natural resource, wood fiber, and processing it into a transportable form, wood pellets. Enviva owns and operates ten plants with a combined production capacity of approximately 6.2 million metric tons per year in Virginia, North Carolina, South Carolina, Georgia, Florida, and Mississippi, and is constructing its 11^th plant in Epes, Alabama. Additionally, Enviva is planning to commence construction of its 12^th plant near Bond, Mississippi. Enviva sells most of its wood pellets through long-term, take-or-pay off-take contracts with primarily creditworthy customers in the United Kingdom, the European Union, and Japan, helping to accelerate the energy transition and to defossilize hard-to-abate sectors like steel, cement, lime, chemicals, and aviation. Enviva exports its wood pellets to global markets through its deep-water marine terminals at the Port of Chesapeake, Virginia, the Port of Wilmington, North Carolina, and the Port of Pascagoula, Mississippi, and from third-party deep-water marine terminals in Savannah, Georgia, Mobile, Alabama, and Panama City, Florida.

To learn more about Enviva, please visit our website at www.envivabiomass.com. Follow Enviva on social media @Enviva.

Contacts

Jacob Westfall

media@envivabiomass.com
+1-301-657-5560

AUSTIN, Texas–(BUSINESS WIRE)–#climatepartners–Energy efficiency programs rely on strong, collaborative relationships with residential and commercial trade allies to help maximize outreach and sales, but keeping resources and communications together is a challenge. CLEAResult, North America’s largest energy efficiency solutions provider, announced the launch of CLEAResult ATLAS™ Partner Hub to improve partner engagement across the board. This user-friendly portal allows utility program administrators to quickly qualify and onboard contractors and trade allies, as well as provide access to key information like trainings, documentation, marketing collateral and more.

“Contractors don’t have time to dig around for documents,” said Divakar Jandhyala, CLEAResult’s Chief Product and Technology Officer. “Making it easier for partners and programs to keep track of projects and collaborate as needs change is essential to speeding up timelines so more homes and businesses can experience the benefits of energy efficiency.”

CLEAResult ATLAS™ Partner Hub is a prime example of the company’s dedication to providing best-in-class service and easy-to-use experiences for everyone. Its all-in-one approach improves support for key partners like contractors, retailers and distributors who play critical roles in delivering and promoting successful energy reduction programs. The product makes it easier to:

1. Register and participate

   Partners can submit documents and certifications for program teams to review and validate their qualifications for registration. Once approved, partners can use their profile across multiple utility programs or even different utilities in a single state or region.

2. Maximize sales

   Program administrators can upload all documentation and training information for partners, giving them any-time access to the resources needed to make more sales. Plus, they can follow up with their partner network via announcements, news and email templates that help everyone stay on top of program changes and events.

CLEAResult ATLAS™ Partner Hub improves partner engagement with a completely configurable branded experience on desktop and mobile devices. Plus, it integrates with other technology products like CLEAResult ATLAS™ Academy, an energy efficiency training platform, and CLEAResult ATLAS™ Connect, which gives partners access to view and manage application submissions, keep projects moving, and share what they have to offer with customers. As a result, partner teams can further reduce human error and accelerate their success by leveraging multiple technology solutions at once.

For more details and future updates on CLEAResult ATLAS™, visit the company’s technology page.

About CLEAResult

CLEAResult is the largest provider of energy efficiency, energy transition and decarbonization solutions in North America. Since 2003, our mission has been to change the way people use energy. Today, our experts lead the transition to a sustainable, equitable, and carbon-neutral future for our communities and our planet. Our hometown teams collaborate with a diverse network of local partners to deliver world-class technology and personalized services that make it easy for commercial and industrial businesses, governments, utilities and residential customers to reduce their energy use and carbon footprint. CLEAResult is headquartered in Austin, Texas, and has over 2,400 employees in more than 60 cities across the U.S. and Canada. CLEAResult is majority owned by TPG through its middle market and growth equity investment platform TPG Growth and its multi-sector global impact investing strategy The Rise Fund.

Explore all our energy solutions at clearesult.com.

Follow us on: Facebook | LinkedIn | Twitter | Instagram

Contacts

media@clearesult.com
Amber Tester

Director Corporate Communications

WASHINGTON–(BUSINESS WIRE)–Joseph Sellers, Jr., General President of the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART), announced his retirement on January 24, 2023. Sellers will retire on May 31, 2023, and will be succeeded by current Assistant to the General President Michael Coleman.

“After nearly three decades in SMART local and national leadership, I have chosen to retire,” said Sellers. “It will always be the greatest honor to have represented the women and men who embody the highest level of professionalism and expertise in our industries. Their selfless dedication was on display when our countries needed them most: They are the essential workers who carried our nations through the global pandemic. They were on the job every day, working on new construction, retrofitting buildings into pop-up hospitals, redesigning hospital configurations, manufacturing much-needed equipment, ensuring the transportation of people and goods, and keeping our supply chain intact and our buildings and schools safe during a tenuous time in our history.”

Sellers – a second-generation sheet metal worker whose father spent 55 years as a SMART member and 30 years as a local union officer – often asserts that “all that my family has comes from my father’s career path and the union sheet metal industry.” Sellers devoted more than four decades to his union, committing himself to lead at every level of SMART. He began his apprenticeship in 1980 at Local 19 in Philadelphia, becoming a journeyperson four years later. He was elected to the local’s executive board in 1994 and appointed to be training coordinator in 1996. In 2002, after serving as a business representative for two years, he became Local 19’s president and business manager.

Sellers was elected to international leadership as 11th general vice president in August 2009. The SMART General Executive Council elected him to serve as the union’s General Secretary-Treasurer (GST) in July 2011, and he was unanimously re-elected as GST by delegates to the first SMART General Convention in August 2014. Sellers became SMART’s General President on May 1, 2015, when his friend and mentor General President Joe Nigro needed to retire. He was re-elected on August 14, 2019.

As SMART General Secretary-Treasurer and General President, Sellers developed and led special campaigns to increase outreach and awareness for construction, production and transportation industry members, union industry officials and policymakers on key issues including pensions, healthcare and apprenticeships. He implemented enhancements to the union’s technological infrastructure, professional skills training and training curricula, and he pioneered various union campaigns designed to increase recruitment, retention and diversity within SMART. Sellers oversaw the launch of the BE4ALL Committee to enhance inclusiveness in the sheet metal industry; the I Got Your Back campaign to promote solidarity between members across all backgrounds; the expansion of the role women play in the unionized sheet metal industry and the rapid modernization of the union’s information and communications programs. He also spearheaded new investments in membership mobilization, with an eye towards positioning the organization to meet the long-term needs of members and those looking to form a union in the decades ahead.

As a testament to Sellers’ steady leadership, the Sheet Metal Workers’ National Pension Fund was officially certified in the Green Zone in 2022 after decades of recovery. His tireless legislative advocacy helped SMART establish a strong relationship with Congress and the Biden administration, and his constant championing of workers’ issues helped influence the passage of groundbreaking laws like the American Rescue Plan, the Bipartisan Infrastructure Law, the Inflation Reduction Act and more.

Incoming General President Michael Coleman, a SMART member since 1985, has also served at every level of the union: from president and business manager of Local 33 in Northern Ohio, to ninth general vice president, to SMART director of business and management relations, to his current post as assistant to the General President. He will assume the position of SMART General President on June 1, 2023.

Coleman noted that “General President Sellers will be remembered as one of the all-time greats of this organization. He cemented our groundbreaking merger and navigated the challenges of the past decade. I am humbled to succeed him, and I look forward to advancing the interests of all SMART members across North America in the years to come.”

SMART, the International Association of Sheet Metal, Air, Rail and Transportation Workers, is one of North America’s most dynamic and diverse unions with 203,000 members. SMART’s members ensure the quality of the air we breathe, promote energy efficiency, produce and provide the vital services that move products to market and passengers to their destinations. We are sheet metal workers, service technicians, bus operators, engineers, conductors, sign workers, welders, production employees and more. With members in scores of different occupations, we advocate for fairness in the workplace, excellence at work and opportunity for all working families.

Contacts

Paul Pimentel

202-812-8159

ppimentel@smart-union.org

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

OTTAWA, Ontario–(BUSINESS WIRE)–InterRent Real Estate Investment Trust (“InterRent”, the “REIT”) (TSX: IIP.UN) is thrilled to announce today that it has closed on the purchase of a 605-suite apartment community at 2 & 4 Hanover Road in Brampton, Ontario.

The acquisition is a joint-venture with Crestpoint Real Estate Investments Limited and Vestcor Inc. InterRent‘s initial equity interest in the joint-venture is 10%. The REIT retains optionality to increase its ownership to one third within the first two years after closing. InterRent will also act as property manager on behalf of the joint-venture.

The total purchase price of $185.5 million will be funded through cash and an assumption of a $100 million existing mortgage with a major institutional lender. This highly attractive, long-term financing features interest-only payments at 2.17% and a term to maturity of approximately six years.

The community is comprised of two concrete high-rise towers at 18 and 22 storeys each, with 281 and 324 suites respectively. The community was constructed circa 1984 and is fully air conditioned through a central cooling system. Suites feature spacious designs averaging well over 900 square feet, with two thirds of the suites being 2-Bedroom units. The community also features a full range of amenities including outdoor pool, barbeque area, playground, gym, car wash, and multi-purpose rooms.

The purchase adds to an expanding portfolio in the Greater Toronto Area for InterRent. At over 600 suites and complete with a wide variety of amenities, the community provides an excellent opportunity for the REIT to bring it’s best-in-class operating platform to a rapidly growing suburban area.

“We are extremely excited to expand our footprint within the GTA” said InterRent President & CEO Brad Cutsey. “Not only are we looking forward to offering our unique resident experience and to help contribute to the Brampton community, but this acquisition also puts us in a great position to contribute to potential new supply in a constrained market.”

Beyond the existing high-rises, the acquisition also offers immediate opportunity to deliver additional and much-needed rental supply to the GTA. The community is located on approximately 10-acres of land and with zoning approvals in place for over 350,000 square feet of additional density. This will be much needed for the City of Brampton in particular as it is one of the Greater Toronto Area’s burgeoning suburbs, having grown 10.6% from 2016 to 2021, outpacing provincial growth of 5.8% for the same period. Brampton is well positioned to continue this growth trajectory as it attracts a disproportionate share of Canada’s ambitious immigration targets.

2 & 4 Hanover Road is well located within Brampton off Queen Street and is adjacent to Bramalea City Centre, a regional shopping centre with over 1.5 million square feet of commercial space. The community is also directly west of Chinguacousy Park, a 100-acre natural outdoor amenity.

About InterRent

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.

InterRent’s strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions.

InterRent’s primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts

Investor Relations

investorinfo@interrentreit.com
www.interrentreit.com

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact” or the “Trust”) today announced its March 2023 monthly distribution in the amount of 1.333 cents per Unit (16 cents annualized). The March distribution will be payable on April 14, 2023 to unitholders of record as at March 31, 2023.

About Dream Impact Trust

Dream Impact Trust is an open-ended trust dedicated to impact investing. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and investing holdings, and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; while generating attractive returns for investors. For more information, please visit: www.dreamimpacttrust.ca.

Contacts

DREAM IMPACT TRUST

Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kimberly Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its March 2023 monthly distribution of 8.333 cents per REIT Unit, Series A ($1.00 annualized). The March distribution will be payable on April 14, 2023 to unitholders of record as at March 31, 2023.

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

Michael J. Cooper

Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang

Chief Financial Officer

(416) 365-6638

jjiang@dream.ca

Partnership brings first-of-its-kind offer management technology to the Canadian real estate market

IRVINE, Calif.–(BUSINESS WIRE)–Openn North America (“Openn”), a property technology company, is excited to announce its official launch in Canada, in partnership with the Canadian Real Estate Association (“CREA”). The partnership brings Openn’s ground-breaking offer management software, which adds transparency and confidence to the offer process, to Canadian homebuyers, sellers and real estate professionals through REALTOR.ca.

“As our first entry into Canada, we are thrilled to launch in partnership with CREA, to help Canadians navigate the challenges of the property transaction process through near real-time data tracking and feedback,” said Duncan Anderson, President of Openn NA. “Now, more than ever, we are seeing the significant impact and disadvantages that blind bidding creates due to lack of transparency throughout the entire bidding process. By partnering with CREA and leveraging their online platform, it marks an exciting step toward a more efficient and equitable real estate landscape.”

Through the partnership, Openn will be available to Realtor.ca users, bringing unparalleled visibility of data to buyers and sellers on participating property listings, while supporting agents in managing the end-to-end transaction process and client communications with greater ease. The platform offers the unique ability for buyers and sellers to track other offers in near real-time, optimizing the entire offer and acceptance process through greater equality and transparency.

The Openn and CREA partnership follows a successful pilot program in 2022 in select Canadian markets.

About The Canadian Real Estate Association:

The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry associations. CREA works on behalf of more than 160,000 REALTORS® who contribute to the economic and social well-being of communities across Canada. Together they advocate for property owners, buyers, and sellers, and maintain REALTOR.ca, Canada’s most prominent online property listings platform. According to the Canadian Internet Registration Authority (CIRA), REALTOR.ca is the 6th most visited .ca site and one of Canada’s leading platforms by usage across all categories.

About Openn North America

Openn North America Inc. is a property technology company offering a proprietary cloud-based software platform to support the offer and acceptance process in a real estate transaction with greater transparency. The Openn platform facilitates the negotiation process, featuring streamlined digital contracting and automated communication tools, which enhances a property transaction. The solution can provide buyers with real-time feedback through their device on how much competition exists and where their price stands in the negotiation.

Contacts

Media Contact
Hayley Suchanek

Kaiser & Partners

hayley.suchanek@kaiserpartners.com
289-681-2477

This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release.

NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION THROUGH U.S. NEWS OR WIRE SERVICES

TORONTO–(BUSINESS WIRE)–Dream Industrial REIT (TSX: DIR.UN) (the “Trust” or “Dream Industrial REIT”) announced today the closing of its previously announced private placement of senior unsecured debentures (the “Offering”) consisting of C$200 million aggregate principal amount of 5.383% Senior Unsecured Debentures, Series F maturing on March 22, 2028 (the “Series F Debentures”).

The Series F Debentures are expected to be rated BBB with a Stable Trend by DBRS Limited. The Trust intends to use the net proceeds from the Offering to repay existing indebtedness and for general trust purposes.

The Series F Debentures have not been and will not be qualified for sale to the public under applicable securities laws in Canada and, accordingly, any offer or sale of the Series F Debentures in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws. The Series F Debentures will not be listed on any stock exchange and there will be no market for such securities. The Series F Debentures have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States and may not be offered or sold to other persons who are not residents of a province of Canada.

About Dream Industrial Real Estate Investment Trust

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2022, Dream Industrial REIT owns, manages and operates a portfolio of 257 industrial assets totaling approximately 47.3 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s goal is to deliver strong total returns to its unitholders through secure cash flows underpinned by its high-quality portfolio and an investment grade balance sheet as well as driving growth in its net asset value and cash flow per unit. For more information, please visit www.dreamindustrialreit.ca.

Forward Looking Information

This press release may contain forward-looking information within the meaning of applicable securities legislation. Forward-looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plans”, or “continue”, or similar expressions suggesting future outcomes or events. Some of the specific forward-looking information in this press release may include, among other things, statements regarding the intended use of proceeds of the Offering and the expected rating of the Series F Debentures. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Trust’s control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, general and local economic and business conditions; employment levels; mortgage and interest rates; regulations; uncertainties around the timing and amount of future financings; uncertainties surrounding the COVID-19 pandemic; geopolitical events, including disputes between nations, war and international sanctions; the financial condition of tenants; leasing risks, including those associated with the ability to lease vacant space; rental rates and the strength of rental rate growth on future leasing; and interest and currency rate fluctuations. The Trust’s objectives and forward-looking statements are based on certain assumptions, including that the general economy remains stable, interest rates remain stable, conditions within the real estate market remain consistent, rising replacement costs in the Trust’s operating markets remain steady, competition for acquisitions remains consistent with the current climate and that the capital markets continue to provide access to equity and/or debt. All forward-looking information in this press release speaks as of the date of this press release. The Trust does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise except as required by law. Additional information about these assumptions and risks and uncertainties is contained in the Trust’s filings with securities regulators, including its latest annual information form and MD&A. These filings are also available at the Trust’s website at www.dreamindustrialreit.ca.

Contacts

Dream Industrial REIT

Brian Pauls
Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Lenis Quan
Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Alexander Sannikov
Chief Operating Officer

(416) 365-4106

asannikov@dream.ca

Collaboration between Project Management Institute and Women of Project Management to boost inclusion in the project profession

PHILADELPHIA–(BUSINESS WIRE)–A new Project Management Institute (PMI) report – The State of Women in Project Management 2023 – reveals a stark gender divide in the project management industry, with male project managers outnumbering female project managers at a rate of 3:1. However, 23% of men versus 20% of women report some level of management role, highlighting a much narrower gap when it comes to project management leadership opportunities. To elevate the project management career, PMI is collaborating with Women of Project Management (WOPM), the dedicated global community for women in the project profession, to further amplify the voices of women in project management across its global community and enable more female project managers to enter or progress in the profession.

The mission of Women of Project Management is to increase the representation of women and women of color in the project profession by supporting their members at every stage of their career journey. Their dedicated team provides hands-on, practical support to boost the individual’s career, including: exploring the vast world of project management, how to increase visibility, expanding your network, receiving mentorship, or getting industry certified.

The strategic DE&I collaboration between PMI and WOPM will provide female project professionals with access to community, education and training opportunities, events and networking opportunities.

“PMI has over 300 chapters across the world committed to being a diverse, inclusive and equitable community,” said Brantlee Underhill, Chief Community Officer at PMI. “Our latest research shows that project management offers women genuine career progression opportunities, so we need to work together to encourage more women into the profession. By teaming up with Women of Project Management, together we will raise awareness of the importance of gender inclusion – which will only enhance our profession – and empower our community to create change, regardless of industry.”

In fact, PMI’s The State of Women in Project Management snapshot also reveals that the gender disparity for project professionals exists across all major industries:

Industry	Male	Female
Information Technology	78%	20%
Financial Services	69%	29%
Construction	86%	13%
Consulting	75%	24%
Manufacturing	81%	17%
Energy	83%	17%
Telecom	77%	22%
Government	72%	26%
Healthcare	59%	41%
Automotive	81%	18%
Training / Education	62%	37%
Aerospace	82%	17%
Transportation / Logistics / Distribution	83%	16%

“Many women simply don’t have the resources or community they need to reach the opportunities they’re deserving of. Their needs and voices aren’t being heard or sometimes they have no idea where they should even start,” said Asya Watkins, CEO and Founder of Women of Project Management. “At WOPM we have built an entire support community dedicated to educating, enhancing, and empowering women and women of color. Inclusion is a social challenge that needs to be prioritized across all industries; it’s great to know that PMI is investing support and continuing to drive awareness to this mission.”

View the full report The State of Women in Project Management 2023.

About Women of Project Management

Women of Project Management® is a professional organization committed to promoting equal representation for women and women of color in the field of project management, through a supportive membership community and tailored resources including, mentoring, certifications, health & wellness, workshops, networking, and career opportunities that engage members during every stage of their career journey.

WOPM educates, enhances, and empowers those with an interest in the project management industry, by providing a platform and community designed to develop dynamic change makers and ensure women of color and other diverse backgrounds are celebrated for their contributions and distinctiveness.

Fostering a culture of inclusion and amplifying the voices of women in the industry worldwide continues to be the driving force behind Founder and CEO, Asya Watkins’ vision for Women of Project Management®. In 2015, Asya brought her vision to life through the lens of highly qualified women who were deserving of a seat at the table. Powered by the core values of integrity, intention, and impact, Women of Project Management® has positively routed the lives of 1,000s of members and the DE&I goals of many Fortune 500 and corporate organizations throughout the years.

For more information on Women of Project Management, please visit our website and social media at www.womenofpm.com, Instagram.com/womenofpm, LinkedIn.com/company/womenofpm.

About Project Management Institute

Project Management Institute (PMI) is the leading professional organization for project management, and the authority for a growing global community of millions of project professionals and individuals who use project management skills. Collectively, these professionals and “changemakers” consistently create better outcomes for businesses, community and society worldwide.

PMI empowers people to make ideas a reality. Through global advocacy, networking, collaboration, research, and education, PMI prepares organizations and individuals at every stage of their career journey to work smarter so they can drive success in a world of change.

Building on a proud legacy dating to 1969, PMI is a not-for-profit, for-purpose organization working in nearly every country around the world to advance careers, strengthen organizational success, and enable project professionals and changemakers with new skills and ways of working to maximize their impact. PMI offerings include globally recognized standards, certifications, online courses, thought leadership, tools, digital publications, and communities.

Visit us at www.PMI.org, https://www.linkedin.com/company/projectmanagementinstitute, https://www.facebook.com/PMInstitute, and on Twitter @PMInstitute.

Contacts

Media Contact:
Dina Morton, External Communications Specialist, PMI

Dina.Morton@pmi.org

BETHESDA, Md.–(BUSINESS WIRE)–#AirPermit–Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, issued a statement today thanking the Mississippi Department of Environmental Quality’s (MDEQ) permit board for unanimous approval for the construction permit of Enviva’s Bond, Mississippi facility. The permit was issued after an extensive review process that included a public comment period, a well-attended public hearing, and numerous public comments. The proposed facility will be designed to produce approximately 1.2 million oven dried tons (ODT) per year of wood pellets and will be equipped with maximum achievable control technologies to curb emissions to the greatest extent possible. Emission control technologies to be deployed throughout the site include baghouses, bin vents, wet electrostatic precipitators (WESP), and thermal oxidative controls (RTOs/RCOs).

Thomas Meth, Enviva’s President and CEO, issued the following statement:

“We appreciate the regulatory process and diligence that MDEQ and the air permit board demonstrated over the last 8 months in reviewing and issuing our permit. Our teams worked diligently with MDEQ to address questions raised by the community on the air quality of our operations, following the public comment process, and provided science-backed assurances which demonstrate no negative impact to air quality in the surrounding communities. We look forward to becoming a part of the Stone County community and to bringing economic development along with environmental leadership with our forthcoming plant.”

To obtain this permit, over the last year, Enviva engaged closely with the community to hear and proactively address any concerns, as well as prove the plant will comply with all regulatory requirements to protect public health and the environment. As it relates to operations, Enviva’s existing plants perform routine emission testing on all emission point sources. These tests are conducted by third-party experts and then submitted to the applicable regulatory agency for approval. Approved emission test results are made public and continue to demonstrate Enviva’s consistent compliance with established regulatory limits across the states in which Enviva operates. All Enviva’s facilities are subject to periodic on-site inspections, which are conducted by state regulatory agencies. These inspections review site operations, environmental monitoring, and environmental recordkeeping, among other variables, and the same regulatory oversight will apply to Enviva’s forthcoming Bond plant.

Enviva’s Bond plant will strengthen the regional wood market for previously unmerchantable timber, creating additional incentives for local landowners to keep their forests as forests. Once operational, the facility in Bond, MS will support approximately 350 direct and indirect jobs, including adjacent industries such as logging and trucking. Enviva remains committed to working tirelessly – every day – to be a company that makes Mississippi proud.

To learn more about Enviva’s forthcoming plant in Bond, MS, we encourage you to visit: https://enviva-bond.com/

About Enviva

Enviva Inc. (NYSE: EVA) is the world’s largest producer of industrial wood pellets, a renewable and sustainable energy source produced by aggregating a natural resource, wood fiber, and processing it into a transportable form, wood pellets. Enviva owns and operates ten plants with a combined production capacity of approximately 6.2 million metric tons per year in Virginia, North Carolina, South Carolina, Georgia, Florida, and Mississippi, and is constructing its 11^th plant in Epes, Alabama. Additionally, Enviva is planning to commence construction of its 12^th plant near Bond, Mississippi. Enviva sells most of its wood pellets through long-term, take-or-pay off-take contracts with primarily creditworthy customers in the United Kingdom, the European Union, and Japan, helping to accelerate the energy transition and to defossilize hard-to-abate sectors like steel, cement, lime, chemicals, and aviation. Enviva exports its wood pellets to global markets through its deep-water marine terminals at the Port of Chesapeake, Virginia, the Port of Wilmington, North Carolina, and the Port of Pascagoula, Mississippi, and from third-party deep-water marine terminals in Savannah, Georgia, Mobile, Alabama, and Panama City, Florida.

To learn more about Enviva, please visit our website at www.envivabiomass.com. Follow Enviva on social media @Enviva.

Contacts

Jacob Westfall

media@envivabiomass.com
+1-301-657-5560

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OTTAWA, Ontario–(BUSINESS WIRE)–InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of March 2023 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about April 17, 2023, to unitholders of record on March 31, 2023.

About InterRent

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.

InterRent’s strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure, and offer opportunities for accretive acquisitions.

InterRent’s primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts

Investor Relations

investorinfo@interrentreit.com
www.interrentreit.com