Michael Hylander

ProGreen US, Inc. engages in the ownership and management of agricultural and real estate projects. It operates the Cielo Mar project located in Baja California, Mexico. The company was founded by Jan Telander on April 23, 1998 and is headquartered in San Diego, CA.

JPMorgan Gestión SGIIC SA (JPMorgan Gestión) is the asset management subsidiary of JPMorgan International Holdings LLC, itself a subsidiary of JPMorgan Chase & Co. (NYSE: JPM) in the US. Headquartered in Madrid, the firm was founded in 1987 and provides investment advice and fund management services to individual and institutional clients.

Cielo Mar Finans AB is a Swedish company that participates in and finances the Mexican company J.V., which conducts energy-neutral and environmentally friendly property development on the Baja Peninsula in Mexico. The private company is based in Stockholm, Sweden, and the CEO of the company is Kim Björkwall. The project covers a total of just over 2,000 hectares of land, including a 7.2 km long shoreline in Rosario Bay on the Pacific Ocean, approximately 385 km south of San Diego, USA. The project includes 7,000 detached villas, 3,000 apartments, 3,000 hotel rooms, and a 54-hole golf course distributed over three different golf courses.