Tondu Corporation (the "Company") is an industrial project development company. We develop large scale, contract supported industrial projects with a strong economic base. As a developer, our primary function is to bring together all of the elements required to make a project happen. We identify the opportunity, assemble the development team, document the transaction, secure the permits, raise the project´s financing, manage the project´s construction, and then oversee the operation and maintenance of the project. We also invest in our projects, aligning our interest with our project investors.
From our beginning in 1978, the Company has focused on capitalizing on emerging businesses. In the late 70s and early 80s, we were active in the exploration and production of oil and gas throughout the Texas Gulf Coast region. In the mid-1980s, our focus changed to the development and ownership of independent electricity generating plants. Over the next ten years, we developed highly successful, first-of-a-kind independent power plants in the United States and Canada. These projects collectively required an investment exceeding $240 million.