Our Mission
Over the last few decades, investment in America’s energy infrastructure has not kept pace with our evolving energy needs and priorities. As the Northeast and the Mid-Atlantic transition to a clean energy future and procure thousands of megawatts of offshore wind and onshore renewables, planned transmission is critical to ensure these resources reach markets.
Planned transmission involves creating a smart system not for a single project, but for the future of offshore wind. A system that efficiently moves energy from offshore wind farms to our shores using fewer cables reducing ratepayer impact and reducing the environmental and human impact, while creating resilient and efficient systems. With the knowledge and proven experience to deliver efficient transmission systems, we can ensure that the Atlantic region meets the challenges of the clean energy transition, and the increasing energy demands of our modern world.
In addition to transmission projects, Anbaric also designs large-scale energy storage projects, which complement our transmission work by easing the integration of intermittent renewables. Our storage business focuses on larger, bulk storage projects of 50 megawatts (MW) and up, that maximize the value of renewables, reduce the demand for gas-fired peaking plants, and stabilize grid operations energy to markets and strengthen the grid.
With our planned transmission and energy storage initiatives, Anbaric is dedicated to strengthening our grid with clean, safe, renewable American energy. Our goal is to enable a more affordable and dependable energy supply, while championing an environmentally friendly and sustainable approach.
Here, Anbaric excels, leveraging our expertise in designing, developing, financing, and constructing large-scale electric transmission systems to expedite the deployment of renewable energy across North America.
Our History
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 Project and microgrid industry disruptor, Viridity Energy.
Founded by experienced energy industry professionals and backed by one of the world’s leading purpose driven investors, Ontario Teachers’ Pension Plan, Anbaric combines the expertise and resources of one of the world’s largest pension funds with the agility and dynamic spirit of a small American company.
Clarke Bruno, long-time transmission group president, was appointed CEO of Anbaric in 2020.