Corporate Background

Before incorporating, Cai Energy Inc., has completed several due-diligence studies of Power Plants in Texas for Harvard Endowment Fund III (Boston, USA) with Korean Electric Power Company (KEPCO) and assisted them to incubate and launch an Equity Investment company, now about $8B in AUM,

While incubating this company for Harvard, Cai Energy Inc arranged,

  • Purchase and operation of an 80 MW gas fired peaking plant in Wharton, Texas
  • Initiated the acquisition of a large District Heating and Cooling Unit worth several millions of dollars for its investors
  • Arranged a Power Purchase and Sale agreement between a major REP Reliant Energy in Houston and Mirant a major Power Generation company in USA (A division of Southern Electric Company), Canam remained as a Strategy consultant to Denham Capital and later to consider equity investments in India.