ANBARIC DEVELOPMENT PARTNERS

From 2010 to 2016, Anbaric developed a large transmission project with funding from Exelon, as well as two large transmission projects in New England with funding from National Grid. In 2017, Anbaric and the Ontario Teachers' Pension Plan-one of Canada's largest single-profession pension funds and widely recognized institutional investor-formed Anbaric Development Partners, a Massachusetts-based company that specializes in the development of large-scale electric transmission and storage solutions... Anbaric was founded in 2004 by the late Edward N. Krapels. The company's early work focused on the Neptune Regional Transmission System, an HVDC undersea and underground power cable that links the PJM power grid to New York. Completed on-budget and ahead of schedule in 2007, Neptune remains in service today and provides 20 percent of the electricity to Long Island. Following the success of Neptune, Anbaric became a founding member of consortiums that established the Hudson Transmission..

Also known as: Anbaric, Anbaric Development Partners, LLC

Primary location: Wakefield United States