Cca clean energypanel_agenda+biosDocument Transcript
Financing the clean energy Sector:
iSSueS and opportunitieS
agenda and highlightS
Registration/Continental Breakfast 7:45am – 8:15am
Welcome/Introduction: Edward Wu and Kenneth Henderson 8:15am – 8:30am
Edward Koch, Former Mayor of New York City
Featured Company Presentation: “Waste Heat Recovery” 8:30am – 9:00am
Aaron Walters, CFO, Recycled Energy Development
Demand/Efficiency Panel Discussion 9:00am – 10:00am
Michael Adams, VP Corporate Strategy, Constellation Energy (NYSE: CEG)
Chelle Izzi, Vice President, CPower
Joseph Kaveski, CEO, Energy Focus (Nasdaq: EFOI)
Peter Vandermeulen, CEO, 7Solar Technologies
Moderated by Angelique Mercurio, Vice President, Cora Capital Advisors
Break 10:00am – 10:15am
Featured Company Presentation: “The Water-Energy Nexus” 10:15am – 10:45am
Amanda Brock, CEO, Water Standard
Power Generation Panel Discussion 10:45am – 11:45am
Marcie Black, Co-Founder & CTO, Bandgap Engineering
Aidan Flynn, Commercial Manager, Carnegie Wave Energy (ASX: CWE)
Christopher Germain, Counsel, Bryan Cave LLP
Stephen Clevett, Executive VP, Premier Power Renewable Energy (OTCBB: PPRW)
Moderated by Patrick O’Shea, Vice President, Cora Capital Advisors
Closing Remarks 11:45am – 12:00pm
Edward Wu, Senior Managing Director, Cora Capital Advisors
Thor Ketzback, Counsel, Bryan Cave LLP
Michael adaMS Stephen clevett
Vice President–Corporate Strategy and Development, Constellation Energy Executive Vice President, Premier Power Renewable Energy, Inc.
Mr. Adams leads Corporate Strategy’s assessment of new energy technology Mr. Clevett is a recognized leader in the energy sector with over two decades of
and innovation across the company’s business units. In his current capacity, Mr. commercial transaction experience acquiring, developing, financing and restructuring
Adams is responsible for seeking energy technology investments for Constellation projects for both domestic and international clients, as well as leading a broad array
which represent long-term industry growth opportunities and complement of merger and acquisition activities on both the buy and sell side. His credentials
current business lines. Previously, he was Vice President and Director in Portfolio include key management, development and project finance roles in dozens of large-
Management for Constellation Energy Resources (CER) in the Baltimore office, scale power generation projects with an aggregate value in excess of $1.4 billion as
where he managed generation entitlements and load-serving obligations for well as several well-publicized energy sector mergers and acquisitions.
portfolios in New England and the Southeast.
Mr. Clevett served as President and Chief Executive Officer of the Optimira Energy
Group, a leading energy services company (ESCO). He held various positions within
Marcie Black the Bechtel Enterprises Group; including director of corporate development at U.S.
Co-founder and Chief Technology Officer, Bandgap Engineering
Generating Company and President of EnergyWorks North America, a developer of
Dr. Black has over fifteen years of technical experience in the semiconductor, on-site cogeneration projects for multinational industrials. Mr. Clevett started his
opto-electronic, and solar energy industries. Before joining Bandgap Engineering, career as an engineer for Hess Corporation at the St. Croix refinery.
Dr. Black was a technical staff member–Applied Electromagnetics Group–at
Los Alamos National Laboratory and worked on a variety of nanotechnology Mr. Clevett holds an M.B.A. from Rutgers Graduate School of Management and a
and optical systems. In 2009, Dr. Black was awarded an R&D 100 award for her Bachelor of Engineering from Stevens Institute of Technology.
contributions to work at LANL. In March 2010, Dr. Black was honored as one of
the ten “Women to Watch in 2010” by Mass High Tech. Dr. Black earned her Ph.D.
from MIT in Electrical Engineering on the optical properties of bismuth nanowires.
Commercial Manager, Carnegie Wave Energy
Dr. Black has worked on thin film silicon, organic, quantum dot, and several other
solar cell technologies and is the inventor of the Bandgap Activation approach Mr. Flynn commenced his career in the Big 4 accounting firms working with corporate,
applied to photovoltaics. Dr. Black has published over 30 articles in peer-reviewed high net worth individuals and government and non-profit bodies before moving into
journals and 4 book sections, 2 patents issued, and additional patents pending. commercial roles in industry. Having a strong passion for renewable energy, Mr. Flynn has
worked in renewable energy in Australia and South America. He has specific experience
in international renewable energy projects, including acquiring resource rights,
aManda Martin-Brock negotiating PPAs, obtaining project approvals, working with EPC contractors, and project
Chief Executive Officer, Water Standard
and corporate financial analysis. Prior to working for Carnegie, he worked in the Run of
Amanda Martin-Brock, CEO of WATER STANDARD, has spent her career building River Hydro industry and the Australian mining industry. He has a degree in Physics as
and managing global infrastructure businesses and has served on numerous well as a bachelor of commerce and post graduate qualifications in renewable energy.
boards and received various professional accolades. She was named one of the
top 10 women in energy in the USA by the Houston Chronicle in 1996 and she was
named the under 40 Alumni of the Year in 2001 for Louisiana State University. She
Counsel, Bryan Cave LLP
serves on the Board of the Texas Business Hall of Fame, and has served on the
Board of Trustees of LSU Law School and the Texas Water Commission. Ms. Brock Mr. Germain practices out of Bryan Cave’s London and New York offices with
is regularly asked to speak and participate at global events including the Goldman a focus on cross border financing, transactions and regulatory issues for major
Sachs Global Industrial Conference and the 2009 Dow Jones Alternative Energy multinationals and financial institutions. He has extensive experience in the
Innovations Conference. Ms. Brock was also invited to participate as Innovation financing of alternative energy projects.
Speaker at the 2009 GASTECH Conference in Abu Dhabi discussing the energy/
water nexus. She spoke at the 2009 US-Mexico Border Energy Forum, and the His practice areas include advising on the development and implementation of
Women’s Global Leadership in Energy and Technology Conference and participated effective regulatory compliance and risk mitigation strategies for banks, broker-dealers,
in the Global Water Leader Forum in Washington DC late last year. investment advisors, private equity and hedge funds. In addition, Mr. Germain regularly
advises clients on various forms of financing transactions such as syndicated loans,
Reflecting both her commitment to the environment and her concern over structured products, asset back lending and project finance. He works closely with
international water shortages, in 2007, Ms. Brock developed WATER STANDARD, clients to develop financial products and services to fit the specific needs of a market
a marine based water treatment company which integrates both desalination segment within a particular jurisdiction. This includes working on complex equity and
and power technology on vessels. In March 2008, Ms. Brock was responsible for commodity derivatives, devising multijurisdictional share and option schemes as well as
one of the largest equity commitments for a start up in the water industry when assisting with the establishment of prepaid card products across the EU in compliance
WATER STANDARD received an equity commitment for $250 million to globalize with European directives and national laws on e-money and payment services.
its business. WATER STANDARD is now recognized as a leader in vessel-based
desalination. At the 2009 Global Water Intelligence’s Global Water Awards In addition, Mr. Germain has substantial knowledge of the regulatory environment
Ceremony held in Zurich WATER STANDARD was honored with the “Desalination in which global financial institutions operate. He has advised clients on various
Deal of the Year” award in recognition of WATER STANDARD’s contribution to transactional and outsourcing deals and has particular experience in addressing
“redefining an industry” presented by Nobel Prize winner, Al Gore. the complexities of global privacy and data protection issues as well as
multijurisdictional corporate governance matters.
Educated in Canada, Mr. Germain obtained his law degree from Western in 1998 performance green buildings initiatives. His teams developed and implemented
before joining Osgoode Hall for his required training and admission to the bar by solutions for clients that leveraged the structured finance, construction, operations,
the Law Society of Upper Canada in 2000. Mr. Germain also holds a bachelor of maintenance, energy efficiency and environmental expertise of JCI.
arts degree, having graduated with distinction, from Wilfrid Laurier University.
Mr. Kaveski has a B.S. in Electrical Engineering from the University of Missouri
Prior to joining the firm, Mr. Germain practiced with major international law firms Columbia / Kansas City Coordinated Engineering Program.
working out of Toronto, New York and London as well as having been a member of
the Citigroup Global General Counsel’s Office. Having published articles in the past thor ketzBack
regarding intra-EU financing, issuing securities in the United States and privacy Counsel, Bryan Cave LLP
and data protection compliance for financial institutions, Mr. Germain is currently
collaborating with his colleague Stephen Ball in publishing a guide to international Thor Ketzback concentrates his nationwide practice in all areas of environmental
laws and regulations governing hedge funds. and health and safety law, with a specific focus on Clean Air Act (CAA) counseling,
permitting and litigation. Utilizing his environmental background in private practice and
government service, he has served as environmental counsel for a wide array of clients
kenneth henderSon including those within the energy, manufacturing, chemical and food production sectors.
Partner, Bryan Cave, LLP
Kenneth Henderson’s corporate and securities transactional experience is focused Mr. Ketzback’s CAA practice routinely involves counseling, permitting and litigation
on mergers and acquisitions, public and private financings and domestic and matters relating to the New Source Review (NSR), New Source Performance
international joint ventures. Standards (NSPS), National Emissions Standards for Hazardous Air Pollutants
(NESHAPs or MACT) and other complex CAA programs. His also advises clients on
In addition to his substantial transactional practice, Mr. Henderson provides day- new and emerging CAA and environmental programs relating to Climate Change,
to-day corporate, securities, governance and business law advice to publicly held sustainability and market-based regulatory mechanisms.
and privately owned business clients in the United States and abroad in a variety
of industries, including fund managers and family office structures and companies Mr. Ketzback also represents a diverse spectrum of alternative and renewable
in the financial services, technology and services industries. energy clients, including projects in the following sectors: co-generation and
biomass, independent power producers, waste to energy, coal to liquid, ethanol,
Mr. Henderson is active in community and pro bono matters. He was responsible bio-diesel, district heating and cooling, and wind. His work in this arena involves
for organizing the firm’s mentor relationship with Thomas Jefferson High School all aspects of environmental and general legal counseling, including performing
in East New York, Brooklyn. He is past chairman of and counsel to the Board of due diligence, securing permits, interfacing with potential investors, the general
Directors of PCI-Media Impact, a New York-based non-profit corporation with public, and political stakeholders, coordinating public communications strategies,
activities in developing countries throughout the world. and developing regulatory compliance strategies.
Prior to entering private practice, Mr. Ketzback was an Associate Regional Counsel with
chelle izzi the EPA where he advised the Regional Administrator on various issues related to multi-
Vice President of National Accounts and Vertical Markets, CPower
media federal environmental law enforcement, compliance and permit issuance. As an
As vice president of national accounts and vertical markets, Ms. Izzi is responsible attorney for the EPA, he worked extensively on the coal-fired power plant initiative which
for developing and managing CPower’s national accounts and industry-focused involved complex litigation surrounding the applicability of NSR and NSPS to the electric
vertical businesses in key segments such as healthcare, education, retail and utility industry. Additionally, he conducted enforcement actions involving all environmental
government. Ms. Izzi joined CPower in 2004. She is a frequent speaker at industry media and developed policies and strategies relating to CAA and brownfield programs.
events such as PLMA, EUCI, DistribuTECH, FEMP and TFM.
Ms. Izzi has 18 years of experience in general management, marketing, product edward i. koch
management, international business development, strategy, and change management. Partner, Bryan Cave LLP and former Mayor of New York City
She has developed, launched, and managed new products and services in the consumer Edward Koch practices in the regulatory area. Following his tenure as the mayor
products, professional services, and non-profit sectors across the United States and of the city of New York for three terms from 1978-1989, Mr. Koch returned to law
Asia. Ms. Izzi speaks Mandarin Chinese, holds a BS in Foreign Service from Georgetown practice. His career in government began in 1966 when he was elected to the New
University and an MBA in Finance and Entrepreneurship from Columbia Business School. York City Council. In 1968, he was elected to the U.S. House of Representatives,
where he served on the House Committee on Banking and the Appropriations
JoSeph kaveSki Committee. He also was secretary of the New York Congressional Delegation.
Chief Executive Officer, Energy Focus, Inc.
Mr. Koch has written several autobiographical books, including: Mayor, 1984;
Prior to joining Energy Focus in April 2008, Mr. Kaveski founded TGL Company, Politics, 1985; His Eminence and Hizzoner, 1989; All the Best: Letters from a Feisty
a strategic consulting business focused on the energy efficiency and lighting Mayor, 1990; Citizen Koch, 1992; Ed Koch on Everything, 1994; Giuliani: Nasty
industries. Before founding TGL Company, Mr. Kaveski was the Vice President Man, 1999; I’m Not Done Yet: Remaining Relevant, 2000; .Buzz: How to Create
of Energy Management Services & Strategic Projects for Johnson Controls, Inc. It and Win with It, 2007 and The Koch Papers: My Fight Against Anti-Semitism,
(JCI) and a member of JCI’s Controls Group senior management team. In his 2008. His works of fiction are: Murder at City Hall, 1995; Murder on Broadway,
role, he was responsible for JCI’s global leadership in energy services and high 1996; Murder on 34th Street, 1997; and The Senator Must Die, 1998. Mr. Koch has
written two children’s books with his sister, Pat Koch Thaler, Eddie, Harold’s Little Peter has a background in physics (MS Eindhoven University) and business
Brother, 2004 and Eddie’s Little Sister Makes a Splash, 2007. administration (MBA Babson College) and holds 9 US patents. He lives with his
wife and daughter in Newburyport, MA.
Mr. Koch hosts a Friday radio program on Bloomberg AM 1130 (WBBR) and is
also a commentator on that same station. He is a weekly guest on NY1 television
and each week writes a political column and movie reviews. He lectures around aaron walterS
the country and overseas. Mr. Koch appeared daily on the television series “The Chief Financial Officer, Recycled Energy Development
People’s Court” from 1997 to 1999 as the judge. Aaron Walters brings more than ten years experience in the financial services industry,
focused broadly throughout the capital markets. Prior to joining RED, Mr. Walters
angelique Mercurio served as vice president at Lazard Freres & Co. LLC, covering the financials, health
care, and technology sectors for Lazard’s large-cap and small-cap growth equity funds.
Vice President, Cora Capital Advisors
In addition to his portfolio responsibilities on both products, Mr. Walters was also
Angelique Mercurio is a Vice President with Cora Capital Advisors. Angelique has involved with the fundraising side of the business, making presentations to institutional
more than seven years experience in the financial industry, most recently within investors, pension and endowment funds, plan sponsors, and the consulting
energy and environmental commodities. community. Mr. Walters came to Lazard in 2005, when it acquired his predecessor firm,
Knelman Asset Management Group (KAMG), which Mr. Walters co-founded in 2000.
Prior to joining Cora, Ms. Mercurio served as an Assistant Vice President of
Commodities at Barclays Capital, where she was responsible for developing While at KAMG, Mr. Walters was intimately involved in the venture capital investing
the firm’s US Environmental Markets platform. As an energy and climate that the firm did for its high-net worth clients, including the identification, evaluation,
change specialist, Ms. Mercurio played a key role in expanding the firm’s US due diligence, investing, and management of the firm’s direct venture investments.
environmental policy advisory business. In addition, Ms. Mercurio was an
Associate in Barclays’ Capital Markets group during the summer of 2007. Prior to becoming a co-founder of KAMG, Mr. Walters spent two years as an analyst
at Morgan Stanley working on the buy-side as a fixed-income generalist (in both
During business school, Ms. Mercurio worked as a carbon market consultant for Core products and industries). His responsibilities included credit analysis of bond issues
Carbon Group, a carbon offset credit developer in Moscow. Prior to that, she served as potential investments to be added to the firm’s institutional fixed income products.
as an Equity Research analyst on an Institutional Investor-ranked team covering
technology companies for three years at Citigroup Investment Research, and an Analyst Mr. Walters holds a Bachelor of Science with honors in accounting and finance
at the Harbert Convertible Arbitrage Fund. In addition, Ms. Mercurio worked as an from the London School of Economics (LSE). He is a CFA charter holder, and
investment banking Analyst at Merrill Lynch & Co. and Lazard Freres during college. member of the CFA Institute (CFAI).
patrick o’Shea edward wu
Vice President, Cora Capital Advisors Senior Managing Director, Cora Capital Advisors
Mr. O’Shea has over a decade of Investment Banking, Venture Capital and Asset Mr. Wu is a Senior Managing Director of Cora Capital Advisors, with over 13 years
Management experience. He has helped raise more than $11.5 billion of capital for of finance and investment expertise, having garnered significant experience in
his clients over the course of his career. leadership roles from a range of top investment banking and hedge fund firms.
Prior to joining Cora Capital, Mr. O’Shea was a Vice President in JPMorgan’s Prior to co-founding Cora Capital, Mr. Wu served as Managing Director of the Capital
Investment Banking division, where he focused on advising financial institutions. Structure and Convertible Arbitrage Fund at Harbert Management Corp., a $20 billion
Mr. O’Shea was most recently headquartered in Tokyo, Japan, but was previously alternative asset management firm consisting of private equity, real estate and hedge
based out of New York. fund strategies. He had previously managed risk arbitrage and distressed credit
hedge fund portfolios at Reservoir Capital Group LLC (a $4 billion private equity,
Prior to joining JPMorgan’s Investment Banking division, Mr. O’Shea worked in both hedge fund seeder and special situation strategies hedge fund) and Couchman
JPMorgan’s Asset Management and Venture Capital (LabMorgan) divisions. Prior to joining Capital LLC. At Couchman, he also served on numerous Ad Hoc and Official Creditor/
JPMorgan, he was part of the Investment Banking analyst training program at Merrill Bondholder and Equityholder Committees for Chapter 11 reorganizations.
Lynch & Co., where he concentrated on technology and telecommunications companies.
Prior to hedge fund portfolio management, Mr. Wu served as an M&A investment banker
Mr. O’Shea graduated from Georgetown University’s School of Foreign Service, where and restructuring advisor for a total of approximately seven years at Salomon Smith
he majored in International Economics with a background in Finance and Trade. Barney Inc., CRT Capital Group and Merrill Lynch & Co. During his tenure, he advised on
over 20 completed transactions for companies with a total enterprise value of greater
peter vanderMeulen than $15 billion in aggregate. He completed transactions as a generalist investment
banker in a range of industries and transaction types, including cash and stock mergers,
Chief Executive Officer and Founder, 7Solar Technologies, Inc.
divestitures, LBO’s for private equity sponsors, distressed restructurings, Section 363
Peter Vandermeulen has recently started 7Solar Technologies, Inc., a company asset sales, Chapter 11 Plan of Reorganizations, IPO’s and follow-on offerings.
that provides Solar Air Conditioning systems for Commercial and Industrial
buildings. Previously, Peter founded BlueShift Technologies (a robotics company) Mr. Wu graduated magna cum laude from Duke University with an A.B. in English
to introduce the use of continuous flow automation to the semiconductor industry. Literature and received a J.D. from Harvard Law School. Despite having lived in
He raised over $20M for BlueShift and closed a venture capital “A” round during New York City for approximately the past 12 years, he enjoys all outdoor activities
his last class at Babson College. Prior to BlueShift, Peter was VP, GM of Brooks and sports, including snowboarding/skiing, hiking, swimming and running. He is
Automations’ Factory Interface Systems, and ran marketing and sales for their also an active supporter of the performing and fine arts in NY, as a sponsor of The
Vacuum Systems Businesses Unit which he helped grow from $2.5M to $60M in 4 Juilliard Club and the Museum of Modern Art.
years. He developed the E500 Ion Implanter at Varian Ion Implant Systems, which
resulted in sales of over $2.4B and more than 800 units installed worldwide.