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Denver Business News - Local Denver News | Denver Business Journal

  1. Escalera Resources gets new $250 million credit facility
    Escalera Resources Co., a Denver oil and gas company that’s planning to build a $1.8 billion plant in Cheyenne, Wyoming, to convert natural gas into liquids, has landed a new $250 million credit facility with Société Générale. Société Générale, which was the administrative agent and initial lender for the credit line, is a French multinational banking and financial services company headquartered in Paris. SG Americas Securities LLC was the bookrunner and sole lead arranger, said Escalera…
  2. Denver-area Goodwill outlets not affected by payment-card data breach
    Goodwill Industries International Inc. Tuesday reported the widespread theft of customer credit card data, but local Goodwill officials said the data breach did not involve Denver-area and Northern Colorado locations. The national Goodwill organization said customer credit and debit card information was stolen at some 300 stores in 19 states and the District of Columbia from February 2013 to Aug. 14 of this year. Stores affected included 11 locations in southern and western Colorado, including…
  3. Denver Business Journal names 2014 Power Book finalists
    The Denver Business Journal’s Power Book is an exclusive look at business leaders in 14 industry categories who were prominent in the news over the last year or who, in the newspaper staff’s judgment, otherwise deserve recognition for recent business accomplishments. Here are the finalists in each category for the 2014 awards. The winners will be announced at the awards luncheon slated for Sept. 15 at the Westin Hotel. For information on the event, click here. Take a look back at the 2013…
  4. Magpul modifies Wyoming move plans
    Magpul Industries, the former Erie manufacturer of gun ammunition magazines and accessories, is abandoning plans to build a new manufacturing plant in Cheyenne and instead will occupy an existing property there. The company is asking Wyoming economic development officials to reduce the amount of an agreed upon incentive package to reflect the change in plans. The plans are detailed in a story by the Wyoming Business Journal. Magpul, angry over new gun laws that included a ban on ammunition magazines…
  5. $90 million Fitzsimons hotel-conference center project to break ground soon
    A $90 million Hyatt hotel and conference center at Fitzsimons Village in Aurora will break ground on Sept. 17. The development is the next phase in the Fitzsimons Village development and will include a full-service, 249-room Hyatt hotel and a 30,000-square-feet conference center. Fitzsimons Village is a mixed-use project being developed by the city of Aurora and Corporex Colorado LLC. The first phase of the project broke ground in 2010. "There has been a need for a hotel and conference center…