Endeavour Capital and Greenbelt Capital Partners have announced a strategic investment in CTC Global Corporation, a company specializing in engineering and manufacturing advanced conductor cores for high-voltage transmission cables. CTC’s cutting-edge ACCC Conductors have been installed in over 1,250 projects across 60 countries by more than 250 utilities. These conductors significantly increase electrical capacity, improve efficiency, and decrease thermal sag compared to traditional transmission conductors. Additionally, they have been independently certified for their ability to reduce CO₂ emissions.
This investment comes at a crucial time as there is a growing need to modernize aging utility grid infrastructure and reduce greenhouse gas emissions globally. The global energy grid is expected to see over $21 trillion invested between 2020 and 2050, and CTC is well positioned to support this growth by facilitating the increase in transmission capacity.
One of the key advantages of CTC’s advanced conductor technology is its ability to help utilities increase transmission capacity across their existing assets, mitigating transmission congestion and interconnect queues. This is particularly important in the United States as more renewable power generation comes online, which requires additional transmission capacity. CTC’s technology can help bypass these interconnect bottlenecks and increase the amount of renewable generation powering the electric grid.
By reducing line losses, CTC’s conductors not only improve efficiency but also free up generation capacity that would otherwise be wasted. This has a positive impact on fuel consumption and associated emissions. Furthermore, the partnership with Endeavour and Greenbelt will enable CTC to accelerate the adoption of advanced conductors globally and introduce critical new technologies for a more sustainable energy future.
In conclusion, the investment in CTC Global Corporation highlights the importance of modernizing utility grid infrastructure and reducing greenhouse gas emissions. With the increasing demand for renewable energy and the need to expand transmission capacity, CTC’s advanced conductor technology plays a crucial role in achieving these goals. This partnership sets the stage for a more sustainable and resilient energy future.
