Perennial Power is unique in the independent power production (IPP) industry. Perennial Power was established in 2002 by Sumitomo Corporation to invest in independent power plants in North America and to facilitate Sumitomo's expansion in the global IPP market. Perennial Power is actively seeking to develop, acquire, and operate quality power plants in North and Latin Americas. The Company is focused on clean and efficient power generation technologies utilizing natural gas, coal and geothermal energy.