Bank of the West 2013 Annual Report Download - page 8

Download and view the complete annual report

Please find page 8 of the 2013 Bank of the West annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 16

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16

Commercial
Banking Group
Bank of the West has deep expertise in
sectors including waste and recycling, with
a reputation for consistency and a strong
focus on client relationships. Leading a
three-bank syndication, we went the extra
mile to understand GreenWaste and Zanker’s
unique business ambitions and ethos to
structure the best loan facility that would
achieve the company’s cutting-edge vision.
GREENWASTE/ ZANKER /
ZERO WASTE ENERGY DEVELOPMENT COMPANY
GreenWaste Recovery, Inc. and Zanker Road Resource
Management, Ltd. are family-owned and -operated
companies committed to pushing the boundaries of
recycling and landfill diversion through fresh and innovative
approaches that minimize environmental impact. Guided
by the mantras “a brighter shade of green” and “rethink,
reinvent, renew,” the companies are pioneers that have
provided state-of-the-art waste collection and processing
services to municipalities throughout Northern California
for nearly 30 years. As an integrated family of companies
and facilities, they seek the smartest solutions to the
everyday challenges of managing waste—always aiming
to redefine industry standards, anticipate future trends
and foster a broader culture of diversion instead of disposal.
In 2013, the companies’ newest joint venture, Zero
Waste Energy Development Company, LLC constructed
the first large-scale dry fermentation anaerobic digestion
facility in the U.S. that converts organic waste to clean,
green renewable energy while producing a high-quality
compost product. The new facility—expected to process
approximately 90,000 tons of waste per year and divert
70% of handled waste from landfills—required an
investment of $54 million.
“Bank of the West went above and beyond
to understand our business and vision.
They conducted extensive research
to fully grasp the technology behind
our new facility.”
— Rich Cristina, President, GreenWaste/Zanker/
Zero Waste Energy Development Company
6
2013 Greenwich Excellence Awards
for middle market and small
business treasury
management