Western Energy Regional Center Selects JTC Americas to Administer Its EB-5 Energy Fund

JTC will provide fund administration and other services for a market-leading EB-5 energy project, Western Energy Opportunities II

San Jose, CA. October 12, 2022 – JTC Americas has entered into an agreement to provide its industry-leading technology platform, EB-5 fund expertise, administration, and escrow services to Western Energy Regional Center (WERC), which has announced the start of a fundraising period for its second EB-5 offering, Western Energy Opportunities II.

Since its inception in 2016, WERC has provided an unparalleled platform for participants in the U.S. Immigrant Investor Program under the Employment-Based Preference 5 (EB-5) program, with a focus on oil and gas projects — a space in which WERC has become known for identifying and optimizing successful opportunities.

Because investment into production of oil and gas in rural areas is in the national interest of the United States, Western Energy received expedited approval from the United States Citizenship and Immigration Services (USCIS) for its reauthorization as a Regional Center under the EB-5 Reform and Integrity Act of 2022 (the “RIA”). Western Energy Opportunities II accepts only EB-5 capital and, therefore, EB-5 investors are given first lien over assets. The fund will return profits to investors as soon as it legally and economically can.

JTC Americas brings its own host of benefits to WERC investors. The company delivers purpose-built, technology-driven solutions for the EB-5 sector, including an award-winning investor portal with 24/7 access, customizable solutions, escrow agent capabilities, full audit trails, and more. JTC’s full suite of EB-5 Administration Solutions provides an integrated approach to administering the entire EB-5 program life cycle. WERC has also engaged JTC to provide co-signatory powers required by the RIA to all investment accounts.

Read the Full Press Release Here.

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