White Summit Capital Supports Angels & Sparrows' Ongoing COVID-19 Response

FOR IMMEDIATE RELEASE:
 
Contact:
Cindy Deutsch
Director of Development, Angels & Sparrows
704-918-0122
cindy@angelsandsparrows.org
 
Jean Leier
Director of Corporate Affairs, I-77 Mobility Partners
980.337.2394
jleier@i77partners.com
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WHITE SUMMIT CAPITAL SUPPORTS ANGELS & SPARROWS’ ONGOING COVID-19 RESPONSE
As impacts of pandemic persist, I-77 Express investor White Summit Capital AG contributes $15,000 to Angels & Sparrows soup kitchen in support of local community.
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Charlotte, N.C., September 1, 2020 – Angels & Sparrows announced today White Summit Capital AG (WSC), an investor in I-77 Express, has contributed $15,000 to provide meals and nourishment to those in Huntersville and surrounding communities. The economic impact of the pandemic has left families in difficult financial circumstances, in many cases facing food insecurity as they see income decrease or eliminated. As a result, Angels & Sparrows has experienced an unprecedented 91 percent increase in the needs of existing guests and a surge of new guests over the last several months.

​Since the beginning of the pandemic, Angels & Sparrows has provided more than a combined 72,508 meals through its emergency food pantry and soup kitchen. Over 15 weeks, the organization has pivoted from café-style meals to providing drive-through service and delivery food options for homebound seniors or families without transportation. The nonprofit has also mobilized volunteers who check-in with guests to ensure their needs are being met.

“At this time of crisis, when the understandable impulse would be to turn inward and focus on the needs of your own family, we are instead seeing our community and businesses look outward to help their neighbors in need.  Our guests feel the embrace of our donors through the phone calls, meals and groceries we are able to provide because of their generosity,” explained Jessika Tucker, Executive Director of Angels and Sparrows. "We are grateful to White Summit Capital for their gift. Their generosity ensures we can continue to meet the increase in need we are experiencing because of the current health crisis."

WSC is an investor and asset manager in the global infrastructure and energy sectors.  Locally, WSC serves as an investment partner in the I-77 Express project providing enhanced connectivity through the Lake Norman region between Charlotte and Mooresville, NC.

“White Summit Capital brings a partnership-based strategy to our portfolio and our support of coronavirus response efforts in communities like Huntersville,” said Stefan Kreher, Chief Operating Officer of White Summit Capital. “Our partnership in I-77 Express means we, alongside I-77 Mobility Partners and Ferrovial, are committed to the vibrant communities along this corridor. We are proud to partner with Angels & Sparrows to provide nourishment and foundational support to families in this time of great need locally and around the world.”
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About Angels & Sparrows
Angels & Sparrows provides a community table for guests to enjoy a free, nutritious meal five days a week without requiring proof of need.  Since 2007, meals have been served café style allowing guests and volunteers to mingle and enjoy life together through stories, laughs, sometimes tears, and often a hug.  The kitchen is fully supported through gifts from area residents, businesses, and grocery partners and receives no government funding.  Though the COVID-19 pandemic has altered the method by which meals are provided, the spirit of community and cohesiveness despite race or creed persists and has allowed the organization to meet the incredible spike in need. 

About White Summit Capital
WSC is a long-term investor and asset manager specialized in the infrastructure and energy sectors, with over €1.4 billion of managed infrastructure investments to date. Headquartered in Zug, Switzerland, WSC has offices in Madrid, London, and Mexico City with a total of 18 operational and transactional professionals. 
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About I-77 Mobility Partners
I-77 Mobility Partners LLC is financing, developing, designing, constructing, operating and maintaining the 26-mile I-77 Express corridor as part of the first-ever public-private partnership with the North Carolina Department of Transportation.