Anbaric Development Partners Announces Soam Goel Joins as Partner

Wakefield, MA, June 14, 2017 - Anbaric Development Partners, an Ontario Teachers’ Pension Plan (OTPP) platform company, announced today that Soam Goel has joined the company as a Partner leading Special Situations.

 In his role at Anbaric Development Partners, Soam will pursue investments in transmission and microgrid infrastructure projects currently under development, campus energy infrastructure, and existing energy infrastructure that can be transformed through significant capital investments.

 “We are excited to welcome Soam to our team to help develop clean energy infrastructure projects in North America,” said Ed Krapels, CEO of Anbaric Development Partners. “He brings extensive experience, a proven track record, and a shared commitment to setting a new model for investment in clean energy.”

 Soam has a unique background in the power infrastructure that combines his experience with utilities, private equity, and hedge funds as a consultant and as a developer. Prior to Anbaric Development Partners, he was the Chief Commercial Officer of Power Network New Mexico, a wholly owned subsidiary of Goldman Sachs Global Infrastructure Fund (GSIP), where he was responsible for the overall profitability, regulatory filings, customers and markets, and the commercial success of the project. In 2004, he founded Enersights to provide strategic advice to senior executives of utility companies and financial participants. Prior to that, he spent 10 years with PA Consulting and its predecessor firms, where he co-headed the energy M&A practice.

 “The team at Anbaric Development Partners has a deep understanding of power infrastructure and is a team of thinkers and doers,” said Soam. “Anbaric Development Partners has a strong culture of undertaking leading edge initiatives while firmly grounding them in sophisticated risk management principles. The power industry is undergoing tectonic shifts and is in dire need of new ideas, approaches, and patient permanent investment capital. Anbaric Development Partners, with the innovative capital commitment by OTPP, is uniquely positioned to address these significant infrastructure needs.”

 For more information on Anbaric Development Partners, please visit

 About Anbaric Development Partners:

Anbaric is headquartered in Wakefield, Massachusetts, and has a track record of leadership in developing competitively selected High Voltage Direct Current (HVDC) transmission projects. Anbaric is also developing a series of large microgrids, also known as distributed energy systems, or non- transmission alternatives.

 About Ontario Teachers’ Pension Plan:

The Ontario Teachers’ Pension Plan is Canada’s largest single-profession pension plan, with CAD$171.4 billion in net assets at December 31, 2015. It holds a diverse global portfolio of assets, 80% of which is managed in-house, and has achieved a long-term average rate of return of 10.3% since inception in 1990. Ontario Teachers’ is an independent organization headquartered in Toronto. Its Asia-Pacific region office is located in Hong Kong and its Europe, Middle East & Africa region office is in London. The defined-benefit plan, which is fully funded, invests and administers the pensions of Ontario province’s 316,000 current and retired teachers. For more information, please visit

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