Our Partners / Advisors and Operating Partners Bring Extensive Experince and Broad Resources:

PARTNERS

Peter Liu

Peter Liu

Peter is a co-founder of CEAP and has also founded several companies and organizations that are advancing clean energy and sustainable resources. Peter is the founder of New Resource Bank and served as its vice chairman. Peter is also the co-founder and vice chairman for the China US Energy Efficiency Alliance, which coordinates policy and technical collaboration on energy efficiency in China and was a founding director for Ecologic Brands, an innovative packaging company. Peter served on the clean technology advisory boards of the California Public Employees Retirement Systems and the California Teachers Retirement Systems. He currently also serves on the boards of the Climate Action Reserve, Roots of Change and the Christensen Fund. As a project finance and energy sector banker at JP Morgan Chase and Credit Suisse, Peter completed $8 billion in capital markets, syndicated bank loans and tax advantaged structured transactions. Peter graduated from UC Berkeley in Chemical Engineering and Materials Science and Princeton’s Woodrow Wilson School.

Peter Liu

Richard D. Homich

Richard D. Homich is a co-founder of Advantage for Analyst a provider of expertise and technology for structuring, modeling and analysis of complex financing transactions. Richard has over 25 years of success in a variety of management roles at high technology startups and enterprise solutions companies, including: MicroPro (a.k.a., WordStar), Pacific Telesis, EDS, Viant, Keane, and Rapt. As a management consultant, he has advised business leaders in a number of industries, including: media & entertainment, financial services, high technology, enterprise software, and consumer products.

Peter Liu

Dennis Moritz

Dennis Moritz has provided thought leadership and advanced analytic services regarding complex financial analysis concepts since the founding of Advantage for Analysts. Prior to Advantage, Mr. Moritz was a Partner and Senior Analyst at Babcock & Brown (B&B) where he played a key role in developing the partnership structure now known as “PAPS”, Pre-Tax After-Tax Preferred Structure. He has over 24 years of professional experience in financial analysis and modeling with 20 years in structuring partnerships, leases and hybrid financial structures for renewable energy and asset finance in general. Mr. Moritz is a graduate of San Francisco State University and the University of California at Berkeley, where he received his B.A. in Mathematics and M.S. in Computer Science, respectively.

Dan Adler

Dan Adler

Dan is a co-founder of CEAP and serves as the President of the California Clean Energy Fund (CalCEF), a nonprofit venture capital fund created in 2003 to accelerate investment in California’s clean energy economy. In 2006 CalCEF also founded the nation’s first university center on energy efficiency, the Energy Efficiency Center at the University of California, Davis, and in 2008 launched the CalCEF Clean Energy Angel Fund, the industry's first seed stage–focused fund. Prior to joining CalCEF, Dan was in the Division of Strategic Planning at the California Public Utilities Commission, where he was responsible for the design and implementation of California's Renewables Portfolio Standard. He is a Director of the American Council on Renewable Energy (ACORE) and an advisor to the state of California and city of San Francisco on clean energy technologies. He has a BA in Political Science from the University of California, Berkeley and an MA in Public Policy from Harvard University.

Scott Brown

Scott Brown

Scott is a co-founder of CEAP and has served as the CEO of New Energy Capital since its inception in 2004. NEC is a private equity fund focusing on investing in renewable energy projects. Previously, Scott was President and CEO of Glasstech Solar, Inc., a manufacturer of semiconductor equipment for the photovoltaic industry. Scott was also the founding Executive Vice President of Solar Cells. Scott was a consultant with Bain & Company and from 1998-2005, Scott was a member of the National Advisory Council of the National Renewable Energy Laboratory and is the founder of the Clean Development Group, Inc. Scott is a graduate of Dartmouth College (BA) and Harvard Law School (JD).

GOVERNING ADVISORS

John Bohn

John Bohn

John recently stepped down as Commissioner of the California Public Utilities Commission, to which he was appointed by Governor Schwarzenegger in May 2005 for a six-year term. Johnis currently Chairman of GlobalNet Partners, N.A., LLC, a global advisory and consulting firm with special emphasis on government-private sector relations, corporate development opportunities. Previously John served as President and Chief Executive Officer of Moody’s Investors Service and was special assistant to Treasury Secretary Don Regan. He’s public sector service included U.S. Ambassador and Executive Director of the Asian Development Bank. And CEO of the Export Import Bank of the United States. John is a graduate with honors from Stanford University and attended the London School of Economics as a Fulbright scholar. He received his JD from the Harvard Law School. He is a member of the California State Bar and the Bar of the Supreme Court of the United States.

Edward Levin

Edward Levin

Ed is a finance executive with a broad ranging background in banking, project finance, tax equity and financing of the renewable power projects. He is currently an Executive Director with Renewable Energy Client Solutions Group of Rabobank International responsible for the bank's activities in the tax equity sector. Prior to joining Rabobank, Ed was a Vice President in Global Structured Products Group at Morgan Stanley. In such capacity he sourced and executed a number of clean energy transactions including, among others, transactions in wind, solar, biomass, waste to energy and geothermal sectors. Prior to Morgan Stanley, Ed practiced law a number of years with Clifford Chance LLC where he represented banking clients on a number of large financing transactions. Ed also served at the International Finance Corporation, a subsidiary of the World Bank where he represented the World Bank Group on a number of watershed transactions in the emerging markets. Mr. Levin received his J.D. from New York University School of Law and his B.S., summa cum laude, from Babson College.

Brian Steel

Brian Steel

Brian has 30 years of business leadership and innovation experience and is on the faculty at UC Berkeley as an Executive in Residence and Lecturer in the Cleantech to Market program at the Haas School of Business. As the Vice President of Corporate Strategy & Development for PG&E Corporation, Brian led the energy industry's first tax-equity solar project financing by an investor-owned utility, investing $400 million in nearly $1 billion of photovoltaic assets. Brian's prior roles also included: Chairman, International, Pandora Media - the world's leading Internet radio company; President, International, Overture Services - a billion-dollar division of Yahoo!; and President and CEO, Idealab Silicon Valley. Brian holds a B.A. magna cum laude in Economics from Duke University, where he was an Angier B. Duke Scholar

OPERATING PARTNERS

Jenny Netzer

Jenny Netzer

Jenny is the Chief Executive Officer of Tax Credit Asset Management. Including TCAM, Janny has over 22 years of experience in the affordable housing and the renewable energy tax equity financing fields. She previously served at MMA Financial and its predecessor organizations, Lend Lease Housing and Community Investing and Boston Financial. Jenny led the development of new business for MuniMae, leading the company’s entrance into the renewable energy business and expanding its affordable housing investment activities internationally. She also led the company’s affordable housing tax credit business, including capital-raising, investment, and asset management. Under her leadership, assets under management tripled to $6 billion over 19 years. As Director of Asset Management of Boston Financial, she built the tax credit investment management function and developed solutions for investor clients to resolve asset and portfolio problems as markets changed. In addition to investment management, Jenny has also served as Deputy Budget Director for the Commonwealth of Massachusetts. She also worked at Yale University as Assistant Comptroller, and at the Massachusetts Department of Public Welfare as a budget analyst and Assistant Deputy Commissioner. She has a Master’s in Public Policy from Harvard’s Kennedy School of Government and an AB from Harvard College.

Chris Hasle

Chris Hasle

Chris is a founding member of United Fund Advisors and co-heads all management and investment activities of UFA and its affiliates. Chris develops investment strategies, raises investment capital and structures investments and loans. He has participated in the closing of transactions with combined total project costs exceeding $2.3 billion. He is also responsible for directing UFA's investments in the renewable energy sector.Prior to UFA, Chris headed an energy consulting practice providing services to utility companies throughout North America and also has consulting experience with Accenture and Colony Capital. His current and past board service includes Portland Family of Funds, Albina Head Start and the Oregon Humane Society. Chris has an MBA from the Leeds School of Business, University of Colorado and completed majors in computer science and French literature at the University of California at San Diego

Martha Schults

Martha Schults

Martha is the Managing Director of Portfolio Services for Tax Credit Asset Management where she is responsible for structuring and managing asset management engagements to ensure client satisfaction. She has extensive experience in working with investors and guarantors on portfolio management set-up, oversight and troubleshooting. Including TCAM, Martha hasover 15 years in the affordable housing renewable energy financing industry. She has experiences at MMA Financial, Lend Lease Housing and Community Investing and Boston Financial. Earlier in her career, Ms. Shults was a Senior Auditor with Laventhol&Horwath with a specialty in real estate and a focus on affordable housing and tax credit partnerships. She received a BS in Business Administration from the University of Vermont and is a Certified Public Accountant. Ms. Shults serves as Treasurer, and on the Executive Committee, of Friends of Boston's Homeless.