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About NAEA
North
American Energy Alliance, LLC (NAEA), is headquartered in Iselin, New Jersey.
The company owns a portfolio of 1755 megawatts of clean and efficient electricity
producing power stations located in the Northeastern United States.
At
NAEA the business is a combination of human intellect and mechanical
operations. The company presently employs approximately 100 skilled and
motivated people. Our employees are a key element in our business. They provide
the intellectual contributions necessary to our operations. We are all
committed to safety, environmental stewardship and ethical conduct and actively
work in the markets and the communities where our stations are located.
The
fleet is located in two energy markets, PJM and
New England ISO.
Our principle approach to the energy marketplaces where we operate is to be
available when the Independent System Operators call on our facilities to run
and to safely produce electricity with minimal impact to the environment. To
accomplish this, our fleet is comprised of hydro-electric and fossil fuel
burning facilities. Our primary fossil fuel is clean burning natural gas and
low-sulfur distillate.
About IFM
Industry Funds Management Pty Ltd ("IFM") is one of the largest
global infrastructure investment managers. Headquartered in Melbourne,
Australia, with offices in London and New York, IFM specializes in the
management of private investment products across infrastructure, private
equity, debt investments and listed equity portfolios.
NAEA was created in 2008 through a purchase of clean
burning natural-gas fired and hydro electricity generating assets from
Consolidated Edison Inc.
IFM has been an investor in infrastructure assets since 1995, and has completed
47 transactions in that 13-year period with approximately $5.9 billion invested
in the sector. IFM is owned by Industry Super Holdings Pty Ltd, the holding
company for the Members Equity group of companies, which in turn is owned by 37
major Australian not-for-profit superannuation funds. Please visit the IFM web site for more information.
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