What Abatis does

Abatis is a New York-based, privately held energy infrastructure project developer operating in the United States. Founded in 2013 by senior energy executives Richard Radini and Raymond Kwok, the company provides end-to-end development services for large-scale conventional and renewable power generation projects, spanning site identification, permitting, financing, construction management, and commercial operation. Its publicly disclosed portfolio consists of two gas-fired combined cycle developments — Hill Top Energy Center (620MW, Greene County, Pennsylvania) and Phoenix Energy Center (675MW, Northern New Jersey) — totaling 1,295MW of development pipeline.

The firm's core offering is a professional services model delivering development and success fees to enterprise clients including local developers, private equity firms, liquidity-constrained developers, and contractors. Pricing is custom and quote-based rather than standardized, reflecting the bespoke nature of utility-scale power project structuring. Abatis differentiates through the experience of its founding partners — who previously led a Deutsche Bank joint venture (Abatis Capital) and headed energy infrastructure at AllCapital with a track record exceeding $1.5B in transactions — combined with embedded local partner networks for site identification in strategically favorable geographies such as PJM/EMAAC congested zones with access to 500kV interconnection and Marcellus/Utica gas supply.

Abatis operates without disclosed external funding, maintains a small professional team, and has no publicly disclosed revenue. The business is relationship-driven, leveraging senior-partner-level direct engagement with capital providers and local stakeholders rather than scaling through broad distribution channels. The company's near-term commercial milestones are tied to the financial close and construction progress of its two named anchor projects.

Name

Abatis

Legal name

Abatis LLC

Website

https://abatispower.com

Company type

Private

Founded year

2013

Operating status

Operating

Ownership category

akta.pro rank

Product category

Energy Infrastructure Development

NAICS

Electric Power Generation, Transmission and Distribution (2211)

akta.pro primary industry

Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)

Keywords

• Power project development
• Energy infrastructure development
• Combined cycle generation
• Renewable power projects
• Power project financing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Project Development Services: Full-service energy infrastructure development from initial site identification through permitting, financing, construction, and commercial operation. Revenue generated through development fees, success fees upon financial close, and potentially equity stakes in completed projects.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Abatis is a developer of energy infrastructure projects in the United States, delivering full-lifecycle power project development services from initial site identification through permitting, financing, construction, and commercial operation. The firm focuses on state-of-the-art conventional (gas-fired combined cycle) and renewable generation projects, exemplified by the 620MW Hill Top Energy Center in Pennsylvania and the 675MW Phoenix Energy Center in New Jersey, serving enterprise clients such as private equity firms, local developers, and contractors.

Product overview

Abatis is an energy infrastructure development company offering a unified project development service that covers the full lifecycle from initial site identification through permitting, financing, construction, and commercial operation. Their portfolio includes two named gas-fired combined cycle projects: Hill Top Energy Center (620MW, Pennsylvania) and Phoenix Energy Center (675MW, New Jersey), representing their core conventional generation development offering.

Differentiator

Problem solved

Functional benefit

Products and services

• Hill Top Energy Center A 620MW gas-fired combined cycle power generation development project in Greene County, Pennsylvania. The site was identified through local partners and is sited near a 500kV substation, on top of Marcellus/Utica shale gas reserves, adjacent to a major river, and on land already cleared and leveled for a prior development. Abatis assembled the professional team and secured the financial backing of an experienced private equity firm to take the project to financial close.
• Phoenix Energy Center A 675MW gas-fired combined cycle power generation development project in Northern New Jersey, sited on a former abandoned paper mill within 3 miles of a robust 500kV interconnection line and close to major gas pipelines. The site is zoned for electricity generation and located in the PJM system's EMAAC congested zone, which supports higher capacity prices.

Quantifiable outcome

• 620MW Hill Top Energy Center achieved financial close and construction start after three years of development work
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered project-level.

• Local Partners (Hill Top Energy Center)project-levelStrategic or Co-development PartnerLocal partners assisted with site identification for the Hill Top Energy Center project in Greene County, Pennsylvania. The site was identified with help from these local partners who understood the regional opportunities, including proximity to a 500kV substation, access to Marcellus/Utica shale gas, and proximity to a major river.
• Local Partners (Phoenix Energy Center)project-levelStrategic or Co-development PartnerA local partner was instrumental in identifying the abandoned paper mill site for the Phoenix Energy Center project in Northern New Jersey. The partner's knowledge of the local landscape and regulatory environment was key to site selection in a challenging New Jersey development market.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Pine Gate Renewables: Developer of utility-scale solar and storage projects with a national footprint, comparable to Abatis as a project developer focused on US energy infrastructure build-out.
• Hecate Energy: Developer of utility-scale solar, storage, and wind projects across the US, with comparable lifecycle project development capabilities (site origination through commercial operation) similar to Abatis's full-service model.
• Vesper Energy: Renewable energy project developer focused on solar and storage development through to commercial operation, sharing Abatis's project development lifecycle and US market focus.
• Arevia Power: Independent developer of utility-scale solar, wind, and storage projects in the western US, sharing Abatis's project origination and development approach though with a different geographic footprint.
• Aypa Power: Independent developer of utility-scale energy storage, solar, and hybrid projects, with a similar end-to-end greenfield development model targeting the same PJM and broader US markets where Abatis operates.
• Scout Clean Energy: Renewable energy developer developing utility-scale wind, solar, and storage projects, comparable to Abatis in its project origination, development, and capital structuring approach.

Broad incumbents

• Invenergy: Large-scale independent developer and operator of wind, solar, natural gas, and storage projects globally, comparable in core development activities to Abatis but at significantly greater scale and capital capacity.
• Clearway Energy: Owner-operator of renewable and conventional generation assets including natural gas, comparable to Abatis in the gas-fired and renewable power space, but as a publicly-traded yieldco with a portfolio rather than active developer focus.
• Con Edison Development: Energy infrastructure project developer and owner-operator of renewable and conventional generation assets, comparable to Abatis as a full-lifecycle developer but with a much larger balance sheet and broader project portfolio.
• EDF Renewables North America: Major utility-scale renewable energy developer with full project lifecycle capabilities, broadly comparable to Abatis's development model though operating as a subsidiary of EDF with much larger capital resources.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Abatis