Is Cherokee Rossi’s Partner?

After following up on a post here last night from reader deleo77 , and public information on the internet suggests that investment company Cherokee, of Raleigh, North Carolina could be Andrea Rossi’s American partner.

The connection can be made through Fulvio Fabiani, whose title on his LinkedIn page is ‘Tech Director & R.D. at Leonardo Corporation MIAMI – FL – USA’. Mr. Fabiani also lists a company called Industrial Heat LLC as a company he works for on Linkedin. ( [UPDATE] Mr. Fabiani has now taken the reference to Industrial Heat LLC from his LinkedIn profile.

F. Fabiani
Fulvio Fabiani and Andrea Rossi (Source: PESN)

Information about Industrial heat LLC is found on the web site ‘Who Got Funded‘ shows the company raising $11,555,050 on August 23, 2013, and lists Thomas Darden as Director, Executive Officer and Promoter, and J Vaughn as Executive Officer and Promoter.

Mr Darden and Mr Vaughn are also named on an SEC Form D (Notice of Exempt Offering of Securities) as related persons at Industrial Heat LLC.

Mr. Darden is Chief Executive Officer at Cherokee, and Mr Vaughn is Cherokee’s senior analyst.

The SEC document mentioned above lists the address of Industrial Heat LLC as 111 East Hargett Street, Suite 300, Raleigh, North Carolina 27601 — which is the same address as Cherokee.

Cherokee is not a company I have heard of until now, and at first glance an investment company doesn’t seem to be the most obvious choice as an industrial partner for the E-Cat, but Cherokee has worked in funding environmental projects for a number of years. Cherokee specializes in redevelopment or brownfield sites (sites previously used for industrial purposes which needs to cleaned up and repurposed) and they have through their Cherokee Renewables team focused on providing capital for PV solar installations, primarily on brownfield sites. Here’s a description of Cherokee Renewables’ mission from their web site:

Cherokee and its affiliates bring two decades of organizational experience across multiple private equity funds totaling over $2 billion of equity commitments, more than 100 seed capital investments and three allocations of New Market Tax Credits exceeding $200 million in aggregate. As the world’s only private equity fund with an ISO 14001-certified Environmental Management System, Cherokee has purchased over 540 environmentally impaired sites.”

This is all ‘joining the dots’ at the moment, but there does seem to be a verifiable paper trail here that connects Leonardo Corp. with Cherokee. I will be looking for more confirmation of this.

  • Job001

    The error of perspective to which you refer would seem to be this; LENR generation of electricity may not achieve the status of universal home fridge where every man woman or child, no matter how incompetent can safely use.
    Licensed technicians are planned as required to change LENR fuel and test controls. Likewise for HVAC, electrical, and plumbing installers and every legal automobile driver is licensed.
    Likewise, high pressure boilers that may be required are not a simple unlicensed device that anyone can operate but a small business or local micro grid for a neighborhood could get license and trained licensed operators.
    We don’t have a suitable single home design to review for utility, safety, size, cost, and operator requirements. Consequently, I don’t assume the fridge assumption is valid although maybe a inherently safe design may eventually arise using presently costly thermoelectric devices, or maybe not.

  • Daniel Maris

    I reserve judgment on his Oil Price speculations but I think he has found the “missing link” in Cherokee and Industrial Heat.

    I think the markets might really be affected this year once the news gets around about the E Cat and possbly also Brillouin and Defkalion.

  • where did you see that ? i’m interested, it would be key data.

    database company would rather describe Oracle.

    note also that when I translate Italian into english, some translation lead to “database”, when they tall of scientific reports/data…

  • Daniel Maris

    I think the article below fills in a few gaps – and makes it clear this is a rather unusual development (which I think backs up speculation that there is a connection with the E Cat). $11million sounds enough to develop something like the E Cat, given it was developed to a working version by just a few people.

    “Industrial Heat, a new entity, has banked some serious cash, hauling in $11.6 million of a $20 million round as part of a fundraiser that has Raleigh-based Cherokee Investment Partners’ fingerprints all over it.

    A securities filing lists the same address as Cherokee and has two familiar names:
    Cherokee CEO Tom Darden and its senior analyst J.T. Vaughn, both of whom are listed as executives in the venture.

    Neither were immediately available to comment.

    Few specifics were immediately available, but the filing shows that the company was created in 2012 and currently has no revenue. The funding, a mixture of equity, debt and options, came from 14 investors.

    Cherokee primarily invests capital in brownfield redevelopment and has nearly $2 billion under management. Currently, the company is investing in its fourth fund. But that’s not all Cherokee is about. The team also spearheads
    the Cherokee-McDonough Challenge, designed to identify and fund high-impact environmental ventures.”

    • ecatworld

      Thanks, Daniel

    • LENR G

      According to the docs…

      Industrial Heat LLC was apparently formed in 2012… this fits with Rossi’s announcement of a new partnership toward the end of that year.

      The first sale of stock to one of the 14 investors took place at the end of April 2013, which corresponds roughly to the delivery of the plant to the partner that Rossi described, figuring in delivery time and perhaps a vetting period.

      The company’s business is “Other Energy” with no revenue through August 2013.

      Not direct evidence but it does seem to fit pretty well.

  • Also, Seimens Energy U.S.A is located in Raleigh, North Carolina.

    • U.S. existing coal fired power plants are mostly in the North/South East. Being affiliated with the Cherokee Fund makes great sense.

    • LENR G

      It stands to reason that companies that were involved early would be in the best position to capitalize on what they could reasonably be able to determine was a revolutionary technology. Siemens makes total sense.

      I mean if Siemens is not heavily involved then they would have dropped the ball badly.

      But I still think it’s Google 😛

  • Define “Impaired Sites”. I’m curious to know if Earl Energy is involved in someway.

  • georgehants

    Well do we have to read Pravda for the Truth as to why Cold Fusion and many other areas of science are corrupt and incompetent.
    There are no mechanisms in science for correcting the problem of fraud.
    The fraud stems from total unaccountability to anyone outside science.
    Scientists who criticize are denied grants and the ability to publish

  • Andre Blum

    About Fulvio Fabiani:

    At the E-Cat Deutschland event (when was that… one year back or more?), for a short while we took this man to be Rossi’s bodyguard. If I recall correctly, his brother, too, was present, with similar physique. We had a good laugh there when they turned out to be the lead engineers in Rossi’s team, after which I corrected my opinion about the guy and somehow assumed he must be a knowledgeable nuclear physicist.

    From his linkedin profile, it now turns out that he is an embedded linux / SoC (system on a chip) software engineer (much like myself — nothing wrong with that), with quite some experience in controlling and monitoring logic. In a way this makes a lot of sense, when we know that Rossi at some point in time had problems controlling his reaction. He spent a large part of his career in games development and betting software. In his spare time he likes pinball machines, presumably both playing on them and repairing them — these things necessarily go hand in hand, as I too know by experience.

    Notice, however, that he is endorsed (linkedin-style) mainly for his managerial, marketing, strategic planning, budget, leadership skills, and guiseppe levi is among the people endorsing him. Also, someone recommends him for homologation procedures: “I highly recommend this manager to handle the homologation procedures: experienced, fast, punctual and reliable.”

    Just trying to say that, though a different skill set than I had imagined for the man, he looks like a good one to have in a high tech startup team.

    • Daniel Maris

      Sounds like the sort of guy who could drive the project forward.

    • bachcole

      “He spent a large part of his career in games” Does “He” refer to Rossi or Fulvio Fabiani? Yes, I know you mean Fulvio Fabiani, now, but your grammar caused me to think that you meant Rossi, a short while. I didn’t know that Rossi was into games.

      • Andre Blum

        Maybe they met at the pinball machine.

  • Iggy Dalrymple

    Where there’s smoke, there’s fire, and in this case there’s a wisp of smoke. I
    think Cherokee is a junior partner. The major partner is yet to be identified….IMO.

  • bachcole

    If there was any detectable radioactivity from Fukushima in California, ALL of northeast Japan, including much of Tokyo would be a dead zone. But people love to work their anxiety and hug their fears and spin conspiracy theories just so they can continue to worry about things that aren’t so.

    • Christina

      I guess. I think that a lot of people are genuinely scared and when anything sounds like it’s going to blow apart our comfortable life, they get anxious. My father-in-law died in November 2008 and he had said that in the last 50 years we’ve had more advantages than any generation before us, but we’ve all got more responsibility to behave like good Christians. Read the Bible from the first word in Genesis to the last word in Revelations.

      I guess this might not be okay, but gee, most of this country is Christian–not leftist.

      • Fortyniner

        I didn’t know that ‘leftism’ was a religion in the US. I learn something new every day.

    • Fortyniner

      Actually medium level fallout has already been detected right across the US. It might be worth looking at the facts before assuming that all is well.

      Another cloud of radioactive crud is currently drifting towards the US:

      • Fortyniner
        • US_Citizen71

          If mentioned on I automatically assume it is fabricated and fake. That website sees aliens among us in every out of focus picture, assumes every plane in the sky is spreading DNA altering chemicals and believes Elvis and bigfoot live in the same cave in Georgia. Might have somewhat believed the story without mentioning that website, but with it as a source I can only assume it is a fake non-story.

          • bachcole

            But beforeitsnews supports 49ers conspiracy issues, so he likes it. (:->)

            • Fortyniner

              I’m tempted to say something quite rude about what your continual personal sniping and head-in-the-sand attitude reveal about you, Roger – but I will refrain in deference to the policies of this site.

          • Fortyniner

            Stick to the other links then, or do your own research. The problem is real.

          • georgehants

            Is that not the kind of thinking that leads qualified “opinion experts” to declare that Cold Fusion does not exist.

            • you are right this is not the good way.

              I judge those news as false given many papers I’ve read on the subject of radioprotection, industrial reports….

              note also that cold fusion was not published in before it news by alien supporters, but by distinguished professors in scientific journals.

              if you remove the stigma of cold fusion, cold fusion is behaving like good science.

              experiments, critics, addressed question, answers.

              the only pathology is when critics refuse to admit they were wrong whene their critics are rebutted.

              reading “excess Heat” by beaudette show me a list of anti-scientific behaviors in establishment that is hard to accept for a good guy like me.

              cold fusion deniers are not more informed than beforeitnews.

            • US_Citizen71

              Maybe there is a nugget or two of news there but, take a look at titles of these recent stories:

              Illuminati Meteor Card Reveals Much! FUK Radiation, METEOR to Hit, Tsunami Soon, CA Quake (Video) – Monday Dec 30 2013 11:10

              ILLUMINATI Staking Claim to 2014. Doomsday Clock on Google Search Engine in UK & USA (Video)(Video) – Tuesday Dec 31 2013 08:57

              China Prepares for WW3! Situation World Collapse: SOON! Is There a Twist in There? (Video) – Monday Dec 30 2013 19:46

              Apocalyptic Events As Sun Poles Flip – Tuesday Dec 31 2013 08:04

              Stunning Two Sun Vids/Images! Nibiru Or What? – Tuesday Dec 31 2013 10:37

              Volcanoes Going Rogue! San Miguel Volcano Explodes in El Salvador! It LOOKS Nuclear! (Video) (Video)(Video) (Video) BP EarthWatch – Monday Dec 30 2013 12:20

              Benjamin Fulford December 31, 2013 For the Zionists, 2013 was like 1944 was to the Nazis – Tuesday Dec 31 2013 09:15

              300 Foot Tsunami and East Coast Destruction – Sunday Dec 29 2013 15:53

              Obama Bribes Pastors to Support RFID Chip – As Biometrics Arrive at a Church Near You! – Monday Dec 30 2013 15:20

              The Third Wave of US Martial Law Mass Detentions – Sunday Dec 29 2013 07:42

              Why Are the Illuminati/NWO Suddenly Preparing Us For the End? What Are We NOT Being Told? Are You Awake Yet??!! (MUST SEE VIDEOS) – Monday Dec 30 2013 17:29

              FEMA Trains Pastors for Preparation of Martial Law, Firearm Seizures, and Forced Relocation – Monday Dec 30 2013 21:41

              Proof Rihanna, Nicki Minaj, Denzel Washington and Oprah are Demon Possessed – Sunday Dec 29 2013 15:43

              Obama’s EO 13603 Reintroduces Slavery to America – Monday Dec 30 2013 07:51

              Strange and Shocking Video Claims ‘Instant Exorcism’ If You Watch?! Is It Removing Demons/Reptilians or Inviting More In? You Decide! (Includes VIDEO) – Sunday Dec 29 2013 20:50

              … and that is just the first page!

            • bachcole

              I think that’s it.

              I supposed an “opinion expert” is someone who is an expert about someone else’s opinions, rather than being an expert about facts.

      • bachcole

        What you call facts I call hysterical nonsense, hysteria that feeds your victimhood conspiracy theories. I have close friends and family who live in California and Oregon. They are not getting sick. They haven’t said word one about an radiation.

  • bachcole

    I love Frank Acland. But so far, I don’t see any pattern. Did I miss something?

    • Daniel Maris

      Yep…funding, China, Industrial Heat, Fabrio…read back. This is the biggest story of 2013 – trust me.

    • Pekka Janhunen

      I also don’t see a pattern, wondering if it’s the same that you don’t… So, one of Rossi’s workers is involved with Cherokee. People usually work somewhere. OK, there is China, and the company had raised some money (they often do). But ships and carriers are missing, and Cherokee’s business seems to be cleaning up old industrial sites and managing their “revitalisation”, not tech development. It’s not impossible, but to me the hints don’t smell too strong.

      In any case, I understood from vortex that Rothwell knows who the partner is. If that is so, then probably we’ll also learn it in not too distant future (not to imply that Jed would leak it, but overall).

      • US_Citizen71

        Cheorkee’s involvement if at all is likely to be as a buyer or licensee of the the technology. They likely would be the entity to refurbish a coal fueled power plant with Rossi’s tech. Manufacturing would be beyond the scope of their experience. The company may be large in the pocket, but at heart they are just investment bankers, not barons of industry. Their projects don’t always get finished and can run years behind schedule. Take the Gates Rubber rehab here in Denver, Colorado. It was to have the first move ins during 2009, it is still mostly a dirt lot.

      • Daniel Maris

        It’s more than that – the Cherokee directors are directors of Industrial Heat.

  • Wouter

    I’ve found this chinese site which names at least one investor of Industrial Heat LLC

    (Best use google translate 😉


    • Daniel Maris

      Daniel Pike is worth a follow up – but it’s quite a common name. I found one who was connected to UK Energy policy.

    • ecatworld

      It looks like the original article is no longer available. Here’s a link to the article from Google Cache

      High Spirit Energy Technology Co., Ltd., Star Lake Park Spa Hotel Director Daisi Jia called NDRC and other departments responsible person, expert, CEO, Industrial Heat LLC Chairman Tom Darden at Star Lake Park Convention Center on the development of clean energy projects with the United States before the Cherokee Fund use to hold the talks. Participating in the talks are: Technology Capital (China) Co., founding partner, Industrial Heat LLC investors Hady Hartanto (Huangzhi Huang); Technology Capital (China) Co., founding partner of Ruifeng Lv (Lu Ruifeng); Technology Capital (China) Co., Ltd. director Micheal Lu; Industrial Heat LLC investor Daniel Pike; Technology Capital (China) Co., Ltd. Managing Charles Yao (Hoi Ying) Cherokee Oberlin Fund Director Charles Lau (Liu Zongfu)

      • Buck

        Very suggestive considering what Rossi has recently shared about the Hot-Cat:

        “Industrial Heat LLC Chairman Tom Darden at Star Lake Park Convention Center on the development of clean energy projects”

        • Andreas Moraitis

          Buck, can you provide a source?

          • Andreas Moraitis

            Concerning Rossi, of course, not the quote.

          • Buck

            Andreas, when I refer to what Rossi has recently shared, I am speaking of the 3 articles presented here. I also include the extensive ‘comments’ discussion. This is my way of stepping back and looking at the bigger picture.

            “Rossi Provides More Explosive E-Cat Information”
            “Rossi Gives Year-End Update Reporting Important E-Cat Progress”
            “Rossi on Who Can be an E-Cat Customer”

      • SiriusMan

        One of the questions occasionally posed is: “If LENR holds such enormous potential – why aren’t countries like China all over it right now…?”

        …and now we have learned something – maybe they already are!?

        But these new revelations raise some very interesting questions: how does the US government feel about Chinese investors being involved in something which is so obviously strategically sensitive to US economic interests? The previous leaks about Rossi selling prototypes to the US Navy seemed to make sense..but now how does the Navy etc. feel about China getting its hands on e-Cat reactors at such an early stage in the game?

        These new developments raise more questions than they answer I feel.

        • Daniel Maris

          I think the China connection shows that there is an altruistic element. Sounds like Cherokee are believers in climate change and are looking to do something to reduce China’s carbon emissions. However, be that as it may, I think the US government has probably missed a trick. I think the Rubicon was crossed when the NASA guy (Zawodny? ) was obliged to issue that retraction regarding his LENR claims. That was a sad moment.

        • bachcole

          There is no reason why people in the same government should believe the same things.

        • Iggy Dalrymple

          I can’t see Rossi giving China access to his product.

          • bachcole

            I agree. Rossi is at least as conservative as Iggy and me, and I mean that in the nicest possible way, and I really do mean than in the nicest possible way. If it was me, I would be wanting Japan, USA, Canada, Denmark, New Zealand, Australia, France, Germany, Isreal, India, South Korea, Brazil, Argentina, etc. to get it first. Last to get it would be North Korea, Iran, China, Russia, several embarrassingly corrupt African countries, most Arab countries, etc.

  • Buck

    Paul, I agree.

    There is too strong a relationship with the day Cherokee is identified in this forum as being the exact same 24 hours as Fabiani edits out Industrial Heat LLC . . . AND with the first occurring prior to the second.

    • Andreas Moraitis

      What advantage would they have from deleting a true information that has already been spread over the internet? Of course it could be a ploy, but I would expect such a behavior rather from an intelligence service than from a company whose employees have surely other things to do than brooding all day about the best methods to deceive the public. However, there could be a connection between Industrial Heat and Rossi, but IMO there’s no compelling evidence for it at the moment.

      • Buck

        The sequence of events, publicizing the Cherokee connection and deletion of LinkedIn information, along with Rossi’s focus upon secrecy suggests a motivation: the desire to keep a secret.

        How you choose to weigh this information is strictly up to you.

  • Bernie Koppenhofer

    My bet is they are acting as a distributor, probably before the existing partner bought Rossi out.

    • Daniel Maris

      I wouldn’t say they met the profile of a distributor. They seem to be more an investor in pulltion-reducing environmental solutions, hence – presumably – their interest in the E Cat. The fact they are interested in helping China to pursue processes which are less damaging to the environment makes for a perfect fit. Cheaper energy via E Cats would result in coal fired power stations being taken out of commission in China over a couple of decades.

      • Bernie Koppenhofer

        OK, they probably are middle man, not an owner or directly involved in product development

  • Andreas Moraitis

    December 30, 2013 at 4:56 pm

    “Fabiani deleted references to working for Industrial Heat on his Linkedin page this morning.”

    Most likely he’s not working for the company anymore. Why else should he remove information if it has already been leaked? Maybe Industrial Heat has received countless questions on Rossi’s E-Cat and asked him to do that.

  • Guest

    Hi guys, sorry to interrupt your celebration but there are rumors about a spent fuel pool fire in Japan, Fukushima.
    I know that sometimes the information on the internet is not reliable and there is not much out……
    What do you think?

  • blanco69

    Not good news. Rossi tells us that his partner has every resource required available however we now see a link between Fabiano and a venture capital company. I don’t believe that Cherokee has the kind of resources that Rossi either claims to have or indeed needs. I’m sure they deal with companies who do but that’s not the same thing. I guess we can hope that the Linked In link was formed before the large scale, multi national, industrial partner came in and wrapped up the whole development process.
    On the other hand, the Brillouin news is very encouraging.

    • Christopher Calder

      Or, the real partner may be the entity that gave Cherokee the money. Nothing is proven as yet.

    • Iggy Dalrymple

      I agree, Cherokee and Industrial Heat don’t make sense for the big picture. I don’t see Cherokee & IH having the technical expertise for helping Rossi perfect his technology. Maybe Industrial Heat will be the distributor for eCats, thereby giving Rossi control over who has access to his technology. The major parter could be the manufacturer. The manufacturer could be Babcock & Wilcox, which is headquartered in Charolotte, 3 hours SE. Raleigh is NC’s capitol and would be convenient for lobbying.

  • Christopher Calder

    Well, if Defkalion shows off their new reactor design soon and the COP is impressive, then maybe there will be enough interest in LENR for it to become a major TV news story. Three companies showing LENR products makes it a little more than a speculative idea. Can they ignore it forever?

    • Daniel Maris

      The best scenario would be Brillouin, Defkalion and Rossi all coming forward with verifiable products in 2014. That might actually happen! The stage certainly seems to be set.

  • Curbina

    Ok, no problem, just that if the partner asked for risk capital, the confidence in the final effect must not be that great. That’s what bothered me.

  • timycelyn

    Well, after quiet period of a few months, we certainly seem to be experiencing a bit of a news avalanche in the dying days of 2013!

    Over at PESN Stirling Allen reports:

    ” S. Korean manufacturing company signs license with Brillouin (LENR technology)

    After a year of due diligence, a firm in S. Korea has signed a license with Brillouin, according to Bob George, CEO. They hope to roll out manufacturing plans by the end of 2014 as well as retrofitting a stranded asset power plant with their clean, easily-affordable, “cold fusion” boiler technology.”

    The license comes after a year of due diligence, involves a downpayment of $750K, half of which has been paid over, the remained within 90 days. The contract itself is described as “Multi-million dollar”. The implication is that the license is limited to S Korea and maybe some other A-P markets, as Brillouin states they are also in negotiations with other licensees around the world.

    2014 looks like it will be a very interesting year….

    • AB

      Are any other news sources besides PESN covering this?

  • georgehants

    For those of us concerned with the free availability of Cold Fusion Mr. Rossi gives a little hope.
    Are he and his “partner” as he say’s concerned with the Humanity of the technology or just the profits.
    Time will tell.
    December 30th, 2013 at 5:53 AM
    Dear Mr Rossi, may I ask, do you believe that the course you are
    taking will lead to the poor nations of the World being able to benefit
    strongly from Cold Fusion technology.
    Or will it become the private cash cow of the rich nations like so many other things.
    Best Wishes to you and all for the New Year.
    Andrea Rossi
    December 30th, 2013 at 9:11 AM
    Our technology will be employed everywhere.
    Warm Regards,

    • malkom700

      An interesting issue has you raised the because the states and organizations that are quickly introduced to the technology, obtained giant an advantage for themselves. Maybe they will even dictatorial systems.

    • georgehants

      Peter, GreenWin, I am feeling very lonely on my point of view, help please.

      • bitplayer

        LENR looks a long way from being inexpensive in terms of being manifested as a physical device anytime soon. It appears that LENR technology will significantly reduce the cost of fuel, which is the most expensive part of hydrocarbon energy systems (I think). But the devices will still cost a good pile, probably for a decade at least.

        Plus, the output energy will still be hooked up to some kind of distribution grid, either electrical or steam pipe. Those cost money too.

        So LENR will be distributed down the tendrils of the network of capital. Poor villages in India and Africa, for example, do not even yet have access to capital for paved roads, which would greatly increase their economic, educational, and healthcare options.

        Less expensive fuel will help the entire world economy in many many ways. But it’s not clear that LENR will have much impact on more widely distributed energy, very quickly.

        • georgehants

          bitplayer, agreed, once again the people in need will be relying on the rich b*stereds for the right to live.
          Maybe time for a Few more people to stop worrying about their own privileged positions and care about the World.

          • BroKeeper

            A snake is a snake not even a stake without a bellyache does an oven bake.

          • Daniel Maris

            George, don’t get depressed. E Cat might not be the Bringer of Peace but it will certainly make the world a better place if ALL nations can have access to cheap energy without need to fight over resources.

            • georgehants

              Thanks Daniel, bitplayer and all.
              Cold Fusion must not just as usual serve the rich or many may rightly believe that the World will never free itself of suffering, greed and inequality without more wars.

          • bitplayer

            I think the answer is a long, hard but do-able job of analysis that connects mal-distribution of power with suffering. I have faith that there is enough moral conscience in people, or at least revulsion against abuse of power, that if the relationship of inequality of power and suffering is made clear enough, people will be activated to vote the right way.

            E.g.: X likes fat insurance company profits (and big yachts), so Y dies in a ditch. I don’t like that, so I’m voting Red (not the current Red, the 1950’s Red). The connection between inequality and suffering just has to be thoroughly illuminated.

            The long, hard job of making these connections can be approached using an open source computer multi-agent simulation (somewhat like the Democracy 3 game)

            which would focus on how power is accumulated and exercised.

            This could be connected to real world people, organizations, events and relationships through the efforts of swarms of ankle-biting progressive internet journalists and our good buddy left wing political science academics and their hordes of graduate students who don’t have enough sense to get degrees that will provide decent employment anyway.

            Throw in a little liberation theology, some eco-freaks, frustrated occupiers, and a few million bored, game oriented, employment hopeless college students around the globe, and it might be possible to raise some real heat.

        • Alain Samoun

          Hopefully it can be a first step,if the technology is easy to install and work, it can evolute to smaller systems that could then change the world.

        • Daniel Maris

          I have consistently argued it won’t be “free”. But when scaled up it could very well beat all other energy sources on price. However, that won’t be the case to begin with. So it will have to start with niche development.

      • GreenWin

        George, all is proceeding well at this stage. One of the
        Elforsk LENR Report authors Sten Bergman is a former Energy Specialist with the World Bank. Bergman’s focus has been on providing energy to African States. If the WB & the UN Secretary General want to meet their announced goal of providing energy to the world by 2030… LENR is their best play. UN & WB would make a splash if they invest in LENR R&D, and finance a 1MW demonstration combined heat and power system (CHP).

        These early demo products will likely use sealed reactors and require full time operator for safety security. But I have confidence low cost electricity and cook stoves based on LENR will alleviate suffering and environmental damage around the world.

        • georgehants

          GreenWin, thanks, I think it is Peter’s very fair and reasonable view that the PTB will delay and take over Cold Fusion that makes all the progress seem a little jaded.
          It is sad that he could just be right if history tells us anything.

          • Fortyniner

            George – apologies for the gloom, but IMHO it is a certainty that threatened interests with too much money will attempt to lock CF behind doors on ‘safety’ grounds so that it can be controlled – that’s just the way these things are done. Whether they’ll succeed is another matter and depends on too many variables to predict the outcome.

            Possibly I’m being overly cynical, but I’m afraid that I just see this as being realistic. Perhaps if Rossi’s partner (there may be several) is/are as philanthropic as he indicates, they may have plans in place to bypass the inevitable attempts by various parties to take control of CF. If so, I do very sincerely hope they succeed – a very great deal depends on it.

            That said, a very happy New Year to you, and everyone else here!

            • georgehants

              Peter, the problem is I agree with you on your outlook but try to believe that these profit and power hunters are going to become enlightened and Cold Fusion will be allowed to change the World for the better without restriction.
              Must keep them positive vibs going.
              And certainly a happy New Year to you and everybody everywhere.

            • Buffalo Burt

              I look to the history of my own city, where the large industrial financiers saw the decline of their industry staring them in the face. They focused their attention on manipulating the politicians and leaders whom they had become adept at manipulating, and were not able to refocus their efforts. They spent their remaining attention on denial, in order to convince people that all would be fine and they would be rich forever. I’m not so sure that LENR is doomed.

              • when you read the next convergence


                you understand that growth and technology catchup or revolution is not making rich people poor.

                it make poor people, or rich people, became very rich according to the old standard…

                imagine the bourgeoisie in African village, having 5 cows, owning all the field around..
                then industry came and the local mechanic became a travel agency, and build a 5 star hotel…
                the local bourgeoisie, either stay being landowner, or they can feed the revolution too…

                revolution make some absolute losers, but mostly it make absolute winners and many late bourgeois not enough enriched to compete with the middleclass.

              • Fortyniner

                The energy microcosm you describe probably perfectly reflects the bigger picture of the multinational energy providers and their high level political tools.

            • bachcole

              If it “depends on too many variables to predict the outcome” as you say, it is unlikely that anyone will try, particularly when it would be easy enough to get a piece of the action.

              Too cynical, you? Never.

    • Job001

      It may be better to separate the question of “availability” into parts.

      Has LENR denial and opposition been present from the bitter start? Yes, logically we can expect opposition will continue.

      Will LENR replace expensive energy long term?
      Yes, wealth typically has adapted and will “write-off” and/or “Cost reduce” and/or “Repurpose(Cherokee expertise)” obsolete investments.

      Can LENR be stopped? Not likely because clean energy is a world wide need with potential investments world wide. Even super wealth cannot contain the flood and will adopt it.

      Will poor nations and the poor benefit? Yes. First, wholesale energy costs will decline. Some utilities are regulated and will be required to “pass through” a portion of lower cost.

      Utilities are under pressure and are adapting. Utilities must adapt or die, micro-grids, solar, wind, and now LENR all exhibit strong learning curves and constitute strong competition which will reduce “Retail” prices. Essentially 100% of 2013 new utility energy was renewable. LENR provides a great opportunity for companies like Cherokee to refurbish old existing infrastructure.

      It’s about time!

      • bachcole

        I see nothing wrong with your reasoning. The grid will survive at a rate somewhere between some and very, very little. Part of it might be adapted to other things, like communications. Who knows?

        • Job001

          Say a household has a energy budget of 10%, 3% Electrical, 2% NG, and 5% auto fuel. Also assume with LENR retail electrical drops from 15cents/KwHr to 5cents/KwHr.

          Many folks like me would eliminate NG and auto fuel by going all electric because the cost would drop from 10% to maybe 4% of budget.

          With less than half the energy budget cost many people would choose to use the Electric utility rather than run and maintain their own utility at lower efficiency and taking up valuable space.

          Interestingly, the use of NG and auto fuel is where the hit likely occurs as we shift to the cheapest cleanest energy.

          • bachcole

            With LENR+ pushing the cost of electricity down especially, but also natural gas (pumping, material) and coal (mining, transportation, even scrubbing), a savvy homeowner is not going to be all that crazy about trying a crazy new energy source that he/she does not yet fully understand or feel comfortable with. Home ownership will take a while for most people.

            • Job001

              Agreed and also, the cheapest energy now is what the utilities call DSM Demand Supply Management, see 1.1cents/KWHr DSM in referenced graph:


              This is where the user gets smarter and uses LED lights, efficient appliances, EV’s, intelligent energy control, superior insulation, better windows, and so forth. This cost currently is cheaper than wind, solar, maybe even capitalized LENR.

              • bachcole

                We all wanted home units. But it won’t happen for perhaps 20 years or more. But it is still all good. In order to put off the inevitable, utilities will have to work very hard. It is like they are competing against the future.

  • Daniel Maris

    INteresting profile on Tom Darden of Cherokee – seems like a good fit:

    Designing Products Toward Sustainability with Tom Darden

    Posted on May
    15, 2013 by New
    Dimensions in Interviews

    Tom Darden and others like him are seriously looking at
    products that have positive environmental effect. He’s been able to help
    companies, such as sawmills, to change the way they produce their products.
    He’s been working in the field of investing in developing technology, products,
    and services that are environmentally safe. One of his personal interests is
    connecting companies with China to help address environmental problems there. He
    is also on the board of directors of Cradle To Cradle Products Innovation
    Institute and is enthusiastic about the products certification service that
    has been set up to help companies became more green and consumers to be more
    discerning of the products they buy. He says of this endeavor, “To be
    certified under the cradle to cradle parameters, they have to have figured out
    the reverse logistics. Everybody figures out the logistics of the product going
    out but we need companies to say, how are we going to get it back?” The
    cradle to cradle philosophy standard would be a product you could consistently
    make, generation after generation, and all of the waste of that product would be
    food in the next cycle. He describes being able to capture
    that “food” as either technical nutrients or biological nutrients, with
    the technological ones staying in a closed system so as not to pollute the
    biological ones. This is being done now by many companies. (Hosted by
    Justine Willis Toms)


    Tom Darden is the Chief Executive Officer of Cherokee Fund, an investment
    company that blends capital with creativity. Cherokee is involved with pollution
    remediation, ground improvements, and implementing sustainable design measures
    and green building at their sites which include some large scale projects.
    Cherokee has over 15 years of experience in cleaning up, revitalizing, and
    reclaiming brownfields. He serves on the Boards of Woodberry Forest School,
    Shaw University and the University of North Carolina’s environmental department
    and is a board member of Cradle To Cradle Products Innovation Institute.

    To find out more about Tom Darden’s work go to

    • ecatworld

      Thanks Daniel. There’s a China connection, then — something Rossi mentioned a while back about his partner.

  • barty

    Maybe that’s why Rossi is emphasizing the “industrial” so much…
    It’s because it is part of the name of his “industrial partner” 😉

    Good finding!

  • US_Citizen71

    Industrial Heat LLC is likely the US buyer of the last 1MW plant sold not the partner.

  • Daniel Maris

    Is Tom Darden of Make It Right, the same Darden?

    He went to the same Uni as Vaughn.

    He seems to be linked into this organisation which has backing from Brad Pitt.

    Perhaps Rossi has some Hollywood money riding on him?

    • Daniel Maris

      Same name with similar interests but not the same guy I think from the photo I’ve now seen on the Cherokee site. Could be his son I suppose, given the overlapping areas of interest. Apologies for any misdirection. From teh Cherokee site:

      “Tom Darden is the Chief Executive Officer of Cherokee and founder of its
      predecessors. Beginning in 1984, he served for 16 years as the Chairman of
      Cherokee Sanford Group, the largest privately-held brick manufacturing company
      in the United States and previously the Southeast’s largest soil remediation
      company. From 1981 to 1984, Mr. Darden was a consultant with Bain & Company
      in Boston. Mr. Darden is on the Boards of Woodberry Forest School, Shaw
      University and the University of North Carolina’s environmental department. He
      was Chairman of the Research Triangle Transit Authority and served two terms on
      the N.C. Board of Transportation through appointments by the Governor and the
      Speaker of the House. Mr. Darden serves on the Board of Governors of Research
      Triangle Institute in Research Triangle Park, NC. Mr. Darden earned an MRP in
      environmental planning from the University of North Carolina at Chapel Hill, a
      JD from Yale Law School and a BA from the University of North Carolina at Chapel
      Hill, where he was a Morehead Scholar. His 1976 undergraduate thesis analyzed
      the environmental impact of third world development and his 1981 Yale thesis
      addressed interstate acid rain air pollution. He and his wife Jody have three

  • Daniel Maris

    “JT Vaughn is a senior analyst with Cherokee and director of
    the Cherokee Challenge. The Cherokee Challenge is a competition and accelerator
    designed to launch high impact environmental startups. Through the Challenge,
    Cherokee invests seed stage capital in a portfolio of environmental startups.
    Mr. Vaughn also works to develop brownfield real estate and other venture
    investment opportunities for Cherokee.

    Mr. Vaughn is on the Board of Directors of ABAN, the Advisory
    Board of the HUB Raleigh and is an Ambassador for the Center for Entrepreneurial
    Development (CED). Previously he worked with Selam Awassa Business Group, the
    Center for Creative Leadership and Cherokee Gives Back, all in Ethiopia. Mr.
    Vaughn received a Bachelor of Arts in Economics, with a minor in
    Entrepreneurship, from the University of North Carolina at Chapel Hill.”

  • Daniel Maris

    Yep – this is the best lead yet I would say! This could well be the link.

    This isn’t so dissimilar from the sort of finance that launched Space X.

    Sounds great to me! I find this really, really encouraging.

    Could 2014 be a very good year? Maybe, at last. 🙂

  • isn’t it like Sunrise Security ? a risk capitral investor ?
    look rational, even if as you say it is not an industrial partner.
    maybe an industrial partner was funded too to joint the venture?

    anyway to be checked.

    • ecatworld

      It would seem to me that Cherokee has set up and funded Industrial Heat LLC as some kind of industrial subsidiary.

  • Paul

    Good scoop, Frank! I guess this time you hit the target, regarding the financier. It is incredible how much information can be found when people are not very careful like in this case. Now the only not yet public is that of the partner, but it is only matter of time.

    • Curbina

      Are you implying Cherokee is not the partner, just the provider of Funds? So the partner would be a player in the energy market that did not want to risk its own money? Just asking your opinion.

    • ecatworld

      I would note that since I posted this article, Mr. Fabiani has deleted references on his LinkedIn profile to currently working at Industrial Heat LLC

      • Daniel Maris

        “Interesting…” as all good detectives say.

      • Paul

        Too late to be useful. In my opinion, it is the best, altough obviously indirect, confession you were right.

      • BroKeeper

        To me that only confirms the discovery of the financier. Looking at its commission statement indicated this ‘financial’ partner is a perfect fit. Pennies from heaven. 🙂

      • Sanjeev

        Oh My.. That’s an obvious giveaway. He shouldn’t have done that because as freelancers work for anyone and everyone, the connection was not strong. Now there seems to be some connection.

  • Stranno

    The link doesn’t work in my case.

    • ecatworld

      Thank you — I think the link works now.