Olympus Power, LLC is a privately held U.S. independent power company based in Morristown, NJ, which owns and manages power plants that sell electricity and thermal energy to utilities and industrial concerns. Our firm maintains full or partial equity interests in these projects in order to optimize these assets by better aligning interests. Our portfolio includes efficient gas-fired cogeneration facilities, renewables such as biomass, hydroelectric and wind-powered facilities, in addition to alternative technologies like our waste coal operations.
The principals of Olympus previously grew Delta Power Company, LLC into a leading, privately-held independent power company that was national in scope and maintained investments in each of the major unregulated electricity markets in the United States including California, Texas, Michigan, Florida, Pennsylvania, New York and New England. Olympus Power retains that national expertise and strategic vision and remains proud of our proven record of success with respect to the financial restructuring and technical re-engineering of troubled power projects. We uniquely provide asset management, operations and maintenance, and equity capital which allow us to restructure and re-engineer such independent power facilities, as necessary, and generate returns above the industry average.
Olympus maintains long-established relationships with major financial institutions experienced in the independent power industry. We provide all required debt and equity capital to successfully complete our transactions in an expeditious manner. We work closely with our strategic, financial and industry partners to provide smooth transitions of assets and incorporate industry safety and best practices into all our projects.
Olympus Power pursues the long-term development of opportunities for investment in and ownership of energy projects and portfolios. Olympus Power's goal is to be the preeminent independent owner and operator of electrical generation facilities in the United States. We will continue to strive to achieve these goals through our dedication to environmental stewardship, honesty and integrity, safety, employee respect, and teamwork.