Causam Energy plans to partner with SDF Development (SDF) to construct a dedicated, secure facility for providing network, interconnection, monitoring and storage to enable critical infrastructure protection (CIP) for the Northern Virginia electric energy market.
SDF is an entity formed by Thomas Darden and John Mazzarino, the co-founders and managing principals of Cherokee Investment Partners, a nationally recognized private equity firm focused on brownfield redevelopment and sustainability.
Causam plans to use acility as the first node in its “Network of Power” – a highly secure, transformative, data and communications network capable of interconnecting the vast array of electrical grid devices, elements and participants. It will provide access, monitoring, analytics, command and control, transactions and advanced financial settlements for high availability and high reliability critical infrastructures (including electric power grids, microgrids, and data centers), and will enable and accelerate the implementation of demand response, distributed generation and alternative and renewable energy.
This will be the first secure interface facility of many, which will serve carriers, private network operators, market participants, and other customers who will require a specialized critical infrastructure ‘on ramp’ to reach the “Network of Power” and other high availability public and private networks, according to said Joe Forbes, Jr., CEO of Causam Energy, which is based in North Carolina.
“We are very interested in the changing infrastructure requirements that are going to be required to offer new products to an exploding energy-related market for communications and data over the next five years,” said Tom Darden, founder of SDF.
The partners expect to the facility to be operational in 2015. Financial terms were not disclosed.
Causam Energy announced the partnership at the Power Analytics 20/20 VisionDriven Power Conference, held last week in San Diego.
Causam completed the acquisition of Power Analytics Corporation in August. Power Analytics’ innovative proprietary software products solve complex power and energy problems. In combination with Causam’s technologies and products, they accelerate the development of advanced communications and applications for the evolving electric power grid.