Advanced Power AG is a Swiss-based, privately-owned company whose mandate is to develop, own and manage power generation and related infrastructure projects throughout Europe and North America. The management of Advanced Power has a proven track record of identifying and developing power generation and related infrastructure projects. The management has led the development of over 9,400 MW of power generation projects and $4.6 billion of limited recourse project financing.
In May 2007, the leading private equity firm 3i plc, together with members of the company’s board, made a significant investment in Advanced Power to fund its business plan to develop a pipeline of ten power projects to be located in Europe and North America. To find out more about 3i, go to www.3i.com.
Siemens Project Ventures
Advanced Power has a strategic relationship with Siemens Project Ventures (SPV). As its strategic partner, Siemens Project Ventures supports Advanced Power’s development efforts and participates as a partner and as an investor in those developments. To find out more about SPV, go to www.siemens.com/finance.
Advanced Power has an agreement with GE Energy to develop combined cycle natural gas power plants and utilize GE's highly flexible and efficient turbine technology for Advanced Power's North America power generation projects development pipeline. To find out more about GE Energy, go to www.ge.com/energy.