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Jeffrey Sweeney Joins the Board of Directors of MIRIS Following €10MM Bridge Financing

US Capital Global

Posted 21st November 2019.

San Francisco-based private financial group supports the rise of innovative Norwegian-based energy-efficient and sustainable real estate development company.

San Francisco, California, USA, November 21, 2019 — Jeffrey Sweeney, Chairman and CEO at US Capital Global has joined the Board of Directors of MIRIS AS, a technology-driven real estate development firm and portfolio advisory company of US Capital Global. This follows a €10 million bridge facility to the company, ahead of a €100 million growth equity program.

MIRIS has five construction projects, including Svart Hotel and the Bryne Technology Center. Svart, the world’s first energy-positive hotel in the Arctic Circle, has an annual energy consumption 85% lower than that of other modern hotels, and it harvests enough solar energy to cover both the hotel operations and the energy needed to construct the building. Meanwhile, the Bryne Technology Center will be the first in Norway to be heated with energy from a local data center. Headquartered in San Francisco, US Capital Global has provided asset management and corporate financial services for over twenty years, focusing on lower middle market financing and investment banking. Led by lifelong entrepreneur Jeffrey Sweeney, US Capital Global has extensive experience in leading firms with a forward-thinking approach in both FinTech and impact investment development.

Jan Gunnar Mathisen, CEO and founder of MIRIS, said: “I am very pleased to welcome Jeffrey Sweeney to the Board of Directors of MIRIS. Our aim is to collaborate with industry-leading professionals who have a similar ethos towards nature preservation and innovation to ours, and we believe US Capital Global, with its focus on innovation and on social and environmental impact investment, is a perfect fit for our company.”

“I am honored to be joining the Board of Directors of MIRIS and to have received my Norwegian ID card,” said Jeffrey Sweeney, Chairman and CEO at US Capital Global. “We are now working on putting in place a convertible note and senior lending facility to support MIRIS’s sustainable, hyper-low carbon footprint projects, as well as to further develop its software platform for measuring the true carbon cost of development projects, both during the construction phase and post-construction. I look forward to collaborating with Jan and supporting the exciting projects MIRIS has under way.”

About MIRIS:
MIRIS addresses the changing relationship between communities and a greener world by integrating our living environment with the growing energy and data needs of today’s societies. MIRIS leverages innovative technologies to ecologically and ethically address the increased demand for energy and data. By using cutting-edge recovery and conversion methods to harness the heat waste energy from EDGE computing, and blockchain to ensure the efficient and transparent financing of projects, MIRIS is an integrated Smart Community enabler, underpinned by a financing operating and transaction processing platform. https://www.miris.no

About US Capital Global:
Established in 1998, US Capital Global leverages the latest FinTech and RegTech innovation to provide sophisticated debt, equity, and investment products to lower middle market companies and investors. The US Capital Global group manages direct investment funds and provides wealth management and capital raise services. Operating with its registered investment bank affiliate, US Capital Global Securities, LLC, the firm acts as a licensed placement agent for companies, funds, and projects, and collaborates closely with its peers in professional banking and investment advisory. www.uscapglobal.com

To learn more about US Capital Global, email Jeffrey Sweeney, Chairman and CEO, at jsweeney@uscapglobal.com or call +1 415-889-1010.

Contact:
Vanessa Guajardo
US Capital Global
555 Montgomery Street, Suite 1501
San Francisco, CA 94111
415-889-1010
media@uscapglobal.com
https://www.uscapglobal.com

Press Contact

Name: Vanessa Guajardo

Phone Number: 415-889-1010

Email Address: media@uscapglobal.com