Vulcan Energy Solutions signed a $64 million contract with Iraq's minister for electricity, Aiham Alsammarae, to fix the Mulla Abdullah power plant in Kirkuk.
[2] Since its founding in 1997, Vulcan has completed over 35 transactions worldwide, with a value exceeding $800 million through its family of partner funds and portfolio firms.
[3] Graham, a former Princeton resident accused in a lawsuit of running a $5 million Ponzi scheme, has been released from the Metropolitan Correctional Center in Manhattan after spending more than two months there.
Graham, together with his wife, Katherine, had been ordered jailed by federal judge Loretta A. Preska for failing to provide documents related to an earlier fraud case that dates back to 2003.
In 2007, Vulcan, with its partner Graoch Associates, planned to launch Aventine Hill Real Estate Fund I, a $300 million investment focusing on acquisition, financing, operation, and disposition of rental apartment communities located throughout the United States however this Project was never enacted.