EQUITY PARTNERS

The AES Corporation

The AES Corporation (NYSE: AES) is a global power company that owns and operates a diverse and growing portfolio of electricity generation and distribution businesses, which provide reliable, affordable energy to customers in 20 countries. AES understands that a reliable, affordable supply of electricity is essential to human progress, economic growth, public health and security.

Southern California Gas Company

Southern California Gas Company (SoCalGas) has been delivering clean, safe and reliable natural gas to its customers for more than 140 years. It is the nation’s largest natural gas distribution utility, providing safe and reliable energy to 20.9 million consumers through 5.8 million meters in more than 500 communities. The company’s service territory encompasses approximately 20,000 square miles in diverse terrain throughout Central and Southern California, from Visalia to the Mexican border.

SoCalGas is a regulated subsidiary of Sempra Energy (NYSE: SRE). Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company.

Paxton Corporation

Paxton Corporation is an energy focused company based in Calgary, Alberta and has aggregated certain technologies including Clean Energy Systems, Inc.'s ("CES") oxy-fuel combustor for use in the extraction of hydrocarbons. Recognizing the potential for this technology in the energy sector, Paxton has become a strategic partner to CES and is its single largest shareholder.

Paxton will market and use the "G2S2" configuration, developed jointly with Paramount Resources Ltd. ("Paramount") and CES, which combines CES' gas generator with proprietary steam separation technology, for use in the Oil Sands of Canada. More specifically, the G2S2 will generate tremendous thermal energy for the recovery of Canadian heavy oil without emissions and the need for expensive water treatment facilities. Paxton, along with Paramount, holds an exclusive licence for the G2S2 technology in Canada and a non-exclusive licence worldwide. 

Strategic Partners

Maersk Oil

Maersk Oil is an international oil and gas company with operated production of about 625,000 barrels of oil equivalent per day. We produce oil and gas in Denmark, the UK, Qatar, Kazakhstan, Brazil and Algeria. Exploration activities are ongoing in Angola, Norway, the US Gulf of Mexico, Greenland and in the producing countries.

Turning marginal and challenging fields into commercial successes has been the cornerstone of Maersk Oil's business since 1962. Maersk Oil focuses on pioneering technologies and harnessing talent to continue to operate safely and successfully, creating value for partners and host governments. Maersk Oil and its subsidiary companies are part of the Danish A.P. Møller - Maersk Group. 

For more information about Maersk Oil, please visit www.maerskoil.com.

US Department of Energy

In 2010 $30 million in ARRA funding was awarded to Clean Energy Systems to develop an industrial-scale oxy-fuel turbine (OFT) capable of powering approximately 150,000 homes. This funding allowed CES to purchase a Siemens SGT-900 B12, and modify it for use in an oxy-fuel power system. Our development approach aims to bring a high-temperature OFT to the commercial market at a greatly reduced cost. With this OFT, oxy-fuel power systems will offer competitive cycle efficiencies among base-load plants utilizing carbon capture technologies, including pre-combustion, post-combustion and oxy-combustion, providing a technological leap toward efficient, near-zero emission power plants operating on fossil fuels.

Paramount Resources Ltd. 

Paramount Resources Ltd. is a Canadian energy company which explores for, develops, processes, transports and markets petroleum and natural gas. Paramount has four operating units with distinct operating staff, capital budgets and targets in Kaybob; Grande Prairie; the Northern area which includes Northwest Alberta, the Liard Basin in the Northwest Territories and Northeast British Columbia; and the Southern area which includes production from southern Alberta, Montana and North Dakota. Paramount has adapted to a multitude of operating climates over the past 34 years and continues to record sustainable growth in value for shareholders.

LM Alternatives

LM Alternatives and its sister companies have been providing quality parts and related services to turbo machinery users in industrial, utility and aviation applications for more than four decades.

LMA is the official partner and supplier for the CES OFJ-79/LMA1500 aero derivative turbine equipment. The LMA team of technicians along with a state of the art facility and equipment provides the expertise and parts that are required to assemble the modified turbine for CES.

For more information about LM Alternatives Inc. please visit  www.lmalternatives.com.

 

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