Hydro project developer has ties to China

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OKLAHOMA CITY – The Southeast Oklahoma Power Corporation (SEOPC) is owned and managed by individuals who have no connections whatsoever to Oklahoma.

The SEOPC’s initial application was filed with the F ederal Energy Regulatory Commission on Aug.

27, 2018, and was published in the F ederal Register on Nov. 26, 2018. Its cover letters to FERC were signed by John Bobenic in care of D aytona Power Corp. in Cal gary, Alberta, Canada. Daytona Power Corp. was incorporated in Nevada on Dec . 20, 2017; was still an active company on March 21, 2024; a nd lists a str eet address in Carson, NV.

Southwest Ledger

visited “SilverFlume, Nevada’s Business Portal,” on March 21, and found Southeast Oklahoma Power Corporation listed as an active corporation registered on July 2, 2018, at the sa me street address in Ca rson, Nevada, as that for Daytona Power Corp. Johann Tse is listed as the pr esident of SEOPC.

In January of this year, Johann Tse sent a letter to Kimber ly D. Bose, Secretary of FERC, notifying her of a “ notice of in tent to f ile an application for an original license and pre-application document” for a Pushmataha County Pumped Storage Hydroelectric Project.

Tse directed inquiries to a D allas, Texas, telephone number or an email addr ess at Aquarian Capital. On its website, Aquarian lists a str eet address in Plano, Texas.

Also on its w ebsite Aquarian Capital posts this in troduction – w hich indicates close ties with China: “The rapid emergence of China as a major economic power has produced fundamental changes across the g lobal competitive landscape and the supply chain structure for many industries. Such developments have in turn produced new paradigms, business models, and competitive strategies for many.

“The China Factor represents serious threats, in numerous ways, to incumben ts and industries that have strong inertia to change, but it also represents new opportunities for those who are willing to adapt quickly, develop strategies that can stand the test of time , and have strong execution capabilities.

“Aquarian Capital, LLC, is a corpor ate development and investment advisory firm that s pecializes in he lping middle- market companies capitalize on strategic opportunities that exist prima rily between the US/Europe and China. With offices and partners in Dallas, Beijing, Shanghai, Hong Kong and Taipei, our advisory team has deep and broad experience in corpor ate strategic planning, building cross-cultural partnerships, originating, structuring, negotiating and closing cross-border mergers, acquisitions and direct investment transactions, as well as turning a round and growing businesses profitably. With extensive relationships across governments and industries in the Greater China r egion, our insight, experience and creativity can help businesses and investors create unique competitive edge and sustainable shareholder value.”

In addition, se veral members of Aquarian Capital’s “team” have extensive business ties to China. They include Johann Tse, chief executive off icer and founder of Aquarian Capital, and directors Joe Chan, Wilfred K. “Chuck” Lau, Manmeet Singh, Raymond Tse, David Yao, and Mei Zhu.

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