 | | Arctas has taken a very aggressive approach on the development of wind opportunities - Arctas is the lead developer and 45% owner in the Amayo wind project in Nicaragua (40MW Phase I and 40MW Phase II)
- Arctas has signed an LOI with a lead financial sponsor to establish a new global wind power development company – “Lodestone Energy” – to develop, own and operate wind power projects in emerging markets. Arctas and the financial sponsor are currently in discussions with potential additional co-investment partners for Lodestone
- Arctas recently secured commitment from a "Tier 1" manufacturer for over 100MW of wind turbine equipment for deliveries throughout 2009
- Arctas is pursuing wind power development activites in Latin America and Eastern Europe
- Arctas and its partner (a major global power company) have signed preliminary LOIs to invest in one of the leading Chinese wind turbine manufacturers and to invest in a new wind blade factory
- Arctas originated and developed a 270MW wind power opportunity in China for one of the largest international oil majors
- Arctas is currently co-developing a portfolio of 260MW of wind power plants in China with one of the largest global independent power producers
- Arctas advised a UK listed renewables company on its possible entree into the US market, including the pursuit of a development portfolio of 3000MW of wind power and a portfolio of landfill gas power generation
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