January 29, 2019 – WAKEFIELD, MASSACHUSETTS – Anbaric is pleased to announce that Theodore J. Paradise has joined the company as Senior Vice President, Transmission Strategy and Counsel. Theodore has spent the last fifteen years with ISO New England Inc., the grid operator, transmission system planner and market operator for the six state New England region. Most recently, Theodore served as the Assistant General Counsel, Planning & Operations where he and his team oversaw transmission planning policy, generator interconnection and a host of related market and operational issues.
“I’m delighted to be joining Anbaric. They are at the forefront of developing meaningful transmission for the massive influx of offshore wind that the northeastern states are now contracting for,” Paradise said. “Anbaric’s OceanGrid approach makes the most sense in helping those states realize their zero-carbon generation goals in a manner where costs can be shared among states or even different ISO regions. OceanGrid is also less disruptive to the environment by reducing the number of transmission cables that run to shore, and can provide grid operators with improved reliability due to a networked system – something one-by-one wind farm interconnections to shore can’t do,” Paradise continued.
“We’re excited to have Theodore join us and bring his deep knowledge of not only the New England region, but other ISOs and RTOs, to our company” said Edward N. Krapels, CEO of Anbaric. “The addition of Theodore to our team continues to position us as a preeminent company developing real and meaningful transmission solutions that will make it possible for states to realize their offshore wind goals.”
Prior to ISO New England, Theodore was a lawyer at a large firm in Washington, D.C. that represented the California ISO and other investor-owned transmission utilities around the country. He is a graduate of Georgetown University Law School.
Anbaric creates and builds electric businesses of the future. Anbaric’s financial partner is the Ontario Teachers’ Pension Plan. With a focus on transmission and distributed energy, Anbaric creates new entities that transform old energy systems into more effective and resilient ones with an emphasis on clean energy.
Anbaric has a record of success, having helped spearhead the development of the 660 MW Neptune and 660 MW Hudson Projects. These underground and underwater electricity transmission lines were completed on time and on budget. Anbaric’s OceanGrid proposes to construct an off-shore transmission system that is in place for off-shore generators to interconnect to, providing more options to reduce costs, environmental impacts, and determination of the optimal on-shore interconnection points from the wind farm projects to the onshore grid. For more information visit www.anbaric.com.