Q4 - 2009
Sage Stone closes first tranche of funding for Coastal Hydropower Corporation for the development equity related
to its first North American VLH project to be located in Ontario, Canada. The Corporation will be working closely with Natural Resources Canada to evaluate the fish-friendliness of
the VLH turbine as well as to complete the cold-weather adaptation package for the VLH turbine for North
American applications.
see www.coastalhydropower.com.
Sage Stone Client Coastal Hydropower LLC incorporated in Nevada and opens a US office located at the Key Center Building, 601 - 108th Avenue N.E., Suite #1900, Bellevue, WA 98004. Sage Stone principal, Peter Besenovsky is appointed President and Director of Coastal Hydropower LLC. Coastal Hydropower LLC working with Engineering firm Mead & Hunt, files 16 FERC preliminary permit applications for low-head hydro installations across the United States.
Q1 - 2010
Sage Stone arranges initial tranche of development equity funding for Smart Grid Sector Client EnergyGRID Networks ("EGN") and continues to work with potential investors to provide the corporate equity funding for EGN's Smart Grid in addition to funding for EGN's GridVIEWTM Network Management System.
See www.energygridnetworks.com.
Sage Stone is developing, together with consortium partners, a gas-fired generating facility in WA State, The Lewis and Clark Energy Project, which would generate 200 MW to 350 MW of clean natural gas-fired regulating capacity, and mid-merit capacity and energy from a simple cycle facility and a CCGT facility respectively.
Sage Stone is engaged by a confidential Client developing
a rechargeable flat-plate alkaline battery intended for installations requiring high energy storage density
coupled with low discharge characteristics for
commercial applications.
Q2 - 2010
Sage Stone has been engaged by a confidential mid-cap Client to support its development of natural gas-fired generating capacity in North America, intended to complement its existing installed generating base.
Sage Stone adds associates to its team of Energy professionals to complement and expand its scope of activities in the development support of clean natural gas-fired generating facilities and green renewable energy facilities, for its Clients, as well as the development of hybrid generating facilities across North America.
Q3 - 2010
Sage Stone adds new client, Qsolar, which has developed the SprayTek79 PV panel manufacturing process and is raising an initial tranche of corporate working capital to fulfill the $50 million plus backlog of orders for its panels.
See www.qsolar.net.
Sage Stone LLC is engaged under an M&A assignment to lead the process for the divestiture of a nominal 20 MW hydro-electric generating project under development in Ontario for a confidential mid-Cap client. Sage Stone will seek indicative bids followed by a round of short-listed companies that will submit binding bids for the facility, which has a long term PPA with the Ontario Power Authority.