| | Arctas has teamed with AES -- one of the largest global power companies (over 50,000MW) -- to source, develop and co-own projects outside the traditional power sector. - Arctas is developing wind power projects in certain emerging markets and has signed an LOI with a lead financial sponsor to establish a new global wind company -- "Lodestone Energy"
Arctas recently arranged a $100 million equity commitment to back a management team for new oil and gas exploration and production company focused on South East Asia (predominately Indonesia). - Arctas has formed a joint venture with John Wheble & Associates (one of the premier developers and consultants for geothermal power plants) to pursue geothermal development opportunities globally.
Arctas is pursuing the development of greenfield LNG terminals in locations that would represent new markets for cleaner natural gas compared with existing oil-fired generation.
- Arctas acquired shares of Mirant after its bankruptcy filing (becoming one of the largest holders) and assisted in the formation of Mirant Equity Committee.
Arctas was co-advisor with DRKW (Dresdner’s investment bank) to PSEG in their sale of 50% stake of Meiya Power Company (one of the largest IPPs in North Asia with over 10,000MW gross capacity).
Arctas represented MPC in bids for Asian portfolios representing thousands of MW of capacity, including El Paso, Covanta, Peak Pacific and Meizhouwan.
Arctas raised early round funds for unique China coal-blending play.
Arctas originated opportunity and advised GE on $300 million bid for stake in Yallourn (major Australian integrated coal mining and power plant).
Arctas teamed with GE and ISA (national electric grid of Colombia) to submit a joint unsolicited proposal to acquire the largest electricity grid in Chile.
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