EVelution Energy LLC, a U.S. critical minerals company developing the first commercial-scale cobalt metal and cobalt sulfate processing facility in the United States, announced the signing of a binding long-term offtake agreement with Mitsui & Co., Ltd., valued at approximately $850 million over the five-year term of the agreement (based on current market … [More]
Scottsdale Alternative Asset Manager Acquires Equipment Leasing Co.
Trinity Capital Inc., a leading alternative asset manager, announced that it acquired Equipment Leasing Services, a provider of flexible equipment finance options to businesses across the Southwest in various sectors including manufacturing, transportation, construction and aerospace. With over 25 years in operation, ELS brings an established originations platform, recurring … [More]
Lower Basin States Strike Water Deal Backed by Phoenix Business Leaders
Leaders from the Greater Phoenix business and economic development community are applauding a landmark three-state agreement between Arizona, California, and Nevada to proactively reduce water consumption from the Colorado River. This collaborative proposal, aimed at conserving an additional 3.2 million-plus acre-feet of water through 2028, demonstrates that the Lower Basin … [More]
$80.5M Research Effort Positions Arizona as Medical Innovation Hub
Banner Health's $80.5 million research enterprise delivered breakthrough treatments to Arizona patients in 2025 while advancing wide-ranging therapies toward FDA approval, according to the organization's annual Milestones in Research report. Operating 1,300 clinical and translational studies across neuroscience, cardiology, oncology and orthopedics, Banner is positioning … [More]
Biltmore Fashion Park Office Building Hits Full Occupancy
RED Development has fully leased the office building at Biltmore Fashion Park, signing Van Trust and Phoenix Design One (PDO), to bring the over 30,000-square-foot building to full occupancy. VanTrust, a national, family-held real estate development company, signed a lease on the second floor, relocating from its existing Phoenix office. PDO, a full-service interior … [More]
