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About Us
ContourGlobal was founded in 2005 by current CEO Joseph Brandt, along with Reservoir Capital Group, a $7.3 billion USD New York-based investment fund. Today, the company is uniquely positioned to continue its expansion through various ongoing growth projects.
We are a developer and operator of electric power and district heating businesses. We manage, own and operate an existing portfolio of 42 power plants with approximately 3,718 megawatts (“MW”) of installed gross capacity in operation or under construction, which makes up our total installed gross portfolio capacity. Our current portfolio spans 18 countries and 4 continents with a weighted average sovereign rating of BBB (weighted by capacity), utilizing a wide range of fuel types, technology and equipment. Of the 42 power plants in our current portfolio, 36 are currently operating with a combined installed gross capacity of approximately 3,145 MW, which represents approximately 84.6% of our portfolio capacity (our portfolio capacity consists of our operating assets and projects under construction that currently do not generate energy). In addition to our operating assets, we also have six projects under construction with a total gross capacity of approximately 573 MW, which comprises the remaining 15.4% of our current portfolio capacity.
We base our portfolio investments on what makes sense for the client and location. That could mean using methane extracted from a Rwandan lake to fuel electricity-producing gas engines, or combining existing technologies to develop a “quad-generation” solution that provides four types of generation—power, heating, cooling and a source of CO2—for a multinational beverage bottler. We operate a portfolio with multiple fuels as well as renewable energy in two distinct lines of business: Developing and operating large, central-station generating plants to supply national grids in high-growth markets; Partnering with multinational companies to boost production-facility efficiency—and improve environmental profiles—in mature markets.
Because we invest our own financial and personnel resources in every project, we are committed to both fiscal transparency and worker safety. We have deep expertise in the laws, regulations and tariff structures in every location in which we operate. We have zero tolerance for corruption or unsafe working conditions.