Welcome To Riverbank
Riverbank Power Corporation is a hydro energy company whose goal is to become a leader in the production and storage of power. Riverbank is rapidly assembling a global portfolio of hydro assets, highlighted by a core group of producing facilities and a broad pipeline of later-stage, permitted development projects. Riverbank has entered into a Letter of Intent to merge with Symbiotics Energy Corp., a prominent hydro developer with more than thirty years of experience licensing hydro projects in the United States. Riverbank is led by a proven energy developer, Mr. John Douglas, who co-founded Ventus Energy Inc. in 2004 to develop wind farms in Canada, which was acquired by GDF Suez for approximately $200 million in 2007. Mr. Douglas also co-founded Transmission Developers Inc., which is developing the Champlain-Hudson Power Express, an innovative underwater High Voltage direct current (HVdc) transmission cable between Montreal and New York City.