Founding Partners

HTP is comprised of three entities in partnership:  Hudson Power Ventures, LLC; Anbaric Power, LLC; and Triton Partners, LLC.

Hudson Power Ventures is controlled by Ed Stern, who is president and CEO of HTP and Neptune RTS.  Anbaric Power is controlled by Edward Krapels, also a founding partner of Neptune and principal of the Anbaric Northeast Transmission Development Company.  Triton Partners is controlled by the Portland, Maine law firm of Curtis, Thaxter, Stevens, Broder & Micoleau, which also was a founding partner of Neptune.

Principal Investors

Starwood Energy Group Global, LLC is an affiliate of Starwood Capital Group Global, LLC, focuses predominately on energy infrastructure investment, including the acquisition and development of power generation and transmission projects, principally in North America. To date, the company and its affiliates have invested, or committed to invest, more than $300 million of equity capital in transactions representing over $3.2 billion total enterprise value when fully developed, including the Neptune Project.

Energy Investors Funds (EIF) was founded in 1987 as the first private equity fund manager dedicated exclusively to the independent power and electric utility industry. Its consistent, proven investment strategy is to create geographically and technologically diversified portfolios of electric power-related assets that provide superior risk-adjusted equity returns with current cash flow and capital appreciation. As investment managers, EIF seeks to mitigate commodity risk (fuel and electricity) by focusing primarily on acquiring power assets with long-term off-take contracts. EIF has mobilized over $3.4 billion in capital, and currently manages four private equity funds from its offices in Boston, New York, and San Francisco. These funds have made over 100 diversified investments with a combined underlying asset value exceeding $7 billion, including the Neptune Project.