Colin Armstrong, P.Eng. – President, CEO, Director
Colin has been leading HTEC for 4 years and has been involved since its inception as a director and investor. He is a professional mechanical engineer with over 25 years of experience in pressure vessels, product development project management, business development, government funding and growing startup companies.
Prior to leading HTEC, Colin was the lead developer and Director of the Integrated Waste Hydrogen Utilization Project for Sacré-Davey Engineering. This project was a $19M, six year project involving many aspects of the new hydrogen energy market including hydrogen processing, distribution, stations, vehicles and stationary fuel cell power systems. While at Sacre-Davey, Colin was also instrumental in developing the hydrogen fueling project for the 20 fuel cell buses operated in Whistler British Columbia.
From 1993 to 2001, Colin was an investor and the lead engineer for the startup Dynetek Industries (DNK.TO) who developed leading edge high pressure carbon fiber hydrogen and natural gas storage cylinders.
Colin has been on the Board of Directors of the Canadian Hydrogen and Fuel Cell Association and S2G BioChemicals Inc since 2011.
Drianne Benner joined Appomattox Advisory as Managing Director in 2010. She is responsible for client and consultant service and marketing communications. Prior to joining Appomattox, Drianne was the Director of Global Marketing for Cadogan Management, a global fund of hedge funds manager. Previously, she managed marketing and institutional consultant relations at U.S. Trust, where she assisted in the development of the multi‐manager platform for the firm. Earlier she worked for a global asset manager in a variety of roles including institutional and consultant relations to some of the largest U.S. pension funds and as a manager of portfolios in an enhanced quantitative strategy. She is a CFA Charterholder and a member of the New York Society of Security Analysts. Drianne serves on the Board of Peconic Green Growth as well as on the Philanthropy committee of the Peconic Land Trust.
Vice President and Chief Operating Officer
Mackey is responsible for the day-to-day management and operations of CEFIA. He is also helping lead the transformation to CEFIA’s new clean energy financing mission. Prior to joining CEFIA, Mackey was the White House Liaison at the U.S. Department of Energy where he led several projects from the Secretary’s office including political appointments, national lab coordination, sustainability and other high-priority initiatives. He holds a Bachelor of Science degree in Political Science from Vanderbilt University.
Michael Ferguson is an Associate Director in the Utilities & Infrastructure group at Standard & Poor’s Ratings Services in New York City. He works on the merchant power and midstream energy team, covering a portfolio of project financed power plants and pipelines.
Michael previously covered regulated utilities. Much of his research revolves around Environmental Protection Agency Regulation.
Michael joined Standard & Poor’s in December 2011. Previously, he worked as a forensic accounting consultant with FTI Consulting in Washington, DC. He worked on a wide array of cases, ranging from stock option backdating and revenue recognition to embezzlement and ponzi schemes.
Upon finishing his undergraduate education, Michael worked in the Financial Services Assurance practice at Ernst & Young LLP for two years, rising to the rank of audit senior; he audited hedge funds, insurers, and banks, as well as government agencies.
Michael is a member of the American Institute of Certified Public Accountants, the Certified Financial Analyst Institute, and the Association of Certified Fraud Examiners. He has contributed several articles on indicators of fraud to the Journal of Accountancy and Fraud Magazine.
Michael graduated from the University of Notre Dame in 2005 with a bachelor of business administration degree in Finance and a bachelor of arts degree in Political Science. He also received an International Business Certificate. He received a master of science degree in Accountancy from the University of Virginia in 2006 and a master of business administration degree from Duke University in 2011. Michael is a Chartered Financial Analyst, a Certified Public Accountant (DC and VA), a Chartered Alternative Investment Analyst, and a Certified Fraud Examiner.
Peter C. Fusaro is Chairman of Global Change Associates in New York and is the best selling author of What Went Wrong at Enron. His three most recent books have been Cut Carbon, Grow Profits, Energy & Emissions: Collision or Convergence and Energy & Environmental Hedge Funds: The New Investment Paradigm. Peter is an energy industry thought leader noted for his keen insights in emerging energy and environmental financial markets. He has been on the forefront of energy and environmental change for over 30 years focusing on. oil, gas, power, coal, emissions, carbon trading and renewable energy markets. Peter is currently advising in the clean energy technology arena. Peter was recently selected for Who's Who in America. He coined the term "Green Trading" and holds the Wall Street Green Trading Summit with Reuters in New York each spring. He is also a well known expert on Asia Pacific energy and environmental markets. He co-founded the Energy Hedge Fund Center LLC (www.energyhedgefunds.com) in 2004 which he sold in 2011. Peter graduated with an MA in international relations from Tufts University and a BA from Carnegie-Mellon University.
Ian brings a unique set of skills to LACI with entrepreneurial, management consulting, project development and investment banking experience.
As an investment banker with Oracle Capital, LLC, Ian specialized in financing solutions for cleantech companies (seed/early stage, development, growth, RTO, M&A, tech transfer to China/ India/ Africa). Client sectors included: solar (panel/ services/ development), small wind, energy storage, residential/commercial/municipal clean technology financing products, electric vehicle, battery management systems, EV charging networks, water treatment, LED, shale gas, smart grid, smart building, biomass, waste to energy, small hydro, and biofuels.
As a management consultant at The Boston Consulting Group he focused on the energy and utilities sectors worldwide including engagements for Steag Energy Services, GmbH and Pacific Gas & Electric. Mr. Gardner’s project development experience at Duke Energy includes independent private power (IPP) deals internationally in Asia, Latin America, Australia and Northern Europe.
As an entrepreneur he successfully took two cleantech companies from inception to financial exit, including public company experience as CEO. Two years of business planning and development work with The Esalen Institute in Big Sur complement his strong business background with broad exposure to the human development sector.
EVAN HARVEY is Managing Director of Corporate Sustainability for NASDAQ OMX. He is responsible for gathering, analyzing, reporting, and improving key metrics across the global organization, as well as managing investor and issuer company outreach on corporate sustainability topics, practices, and partnerships. Evan directs the research, analysis, and disclosure of all ESG reports, including the Global Reporting Initiative, Carbon Disclosure Project, and the United Nations Global Compact Communication of Progress. Evan serves on the Board of Directors for the UNGC U.S. Network and on the Advisory Board for SASB. He holds a B.A. and an M.A. from the University of Texas, and lives outside Washington DC
Tim Hoffman is an experienced investment banking and consulting professional. For over 20 years he has provided strategic and M&A advisory, capital raising, and financial modeling services for large corporations, family-run firms, renewable energy developers, middle market companies and early stage enterprises.
Tim is currently a Managing Director with Watts Capital, LLC, a FINRA and SIPC member broker-dealer based in New York City. Tim’s affiliation with Watts Capital enables him to raise capital for and provide M&A advisory services to renewable energy and cleantech companies and projects.
Tim is also a Managing Director at Green Owl Advisers, which provides financial and strategic consulting services to renewable energy and cleantech companies. He is currently the NYC Metro Director for and National Board Member of the Cleantech Open, which has recognized Tim with the following awards: National Mentor of the Year 2012, Northeast Volunteer of the Year 2013, and National Volunteer of the Year 2013. He also serves as an Entrepreneur in Residence for NYSERDA and as an expert in PowerBridgeNY.
Prior to joining Watts Capital, Tim was a Managing Director and a member of the Alternative Energy and Cleantech team at Scott-Macon, Ltd. Previously, Tim was a Senior VP with Natixis Bleichroeder, Inc., where he advised on a significant number of cross-border transactions involving European companies.
Tim is a graduate of Indiana University, where he earned two B.A. degrees and spent one year studying at Universität Hamburg. Tim later earned an M.A.E. with a concentration in Finance from the University of Michigan. He is fluent in German and proficient in Japanese and holds Series 7, 79 and 63 securities licenses.
Cory Honeyman is a Solar Analyst at GTM Research – the market analysis, advisory, and consulting division of Greentech Media. At GTM Research, Cory focuses on downstream demand in the U.S. solar market. He handles primary data collection and analysis for GTM Research and SEIA’s U.S. Solar Market Insight reports and covers project development and financing trends in the U.S. utility scale and commercial PV sectors.
Prior to joining GTM Research, Cory held several positions focused on developing carbon offset projects and managing corporate sustainability programs for Fortune 500 companies. Cory has a BA in Political Science from the University of Michigan and Master of Science from Columbia University with a concentration in energy and sustainability.
Erika Karp, Founder and CEO, Cornerstone Capital Group
Erika Karp is the Founder and CEO of Cornerstone Capital Inc. The mission of her firm is to apply the principles of sustainable finance to facilitate the flow of capital around the world. In offering investment banking, investment management, research and strategic consulting services, Cornerstone works with corporations, financial institutions, and individuals promoting new research in the field of ESG (Environmental, Social and Governance) analysis, and facilitating capital introductions for companies around the world engaged in sustainable business practices.
Prior to launching Cornerstone, Erika was Managing Director and Head of Global Sector Research at UBS Investment Bank where she Chaired the UBS Global Investment Review Committee and managed a global team of analysts and strategists. Erika served on the UBS Securities Research Executive Committee and the Environmental and Human Rights Committee of the UBS Group Executive Board.
Erika is a founding Board member of the Sustainability Accounting Standards Board (SASB), and is a member of the World Economic Forum (WEF) Global Agenda Council on Financing and Capital. She is the advisor to the Clinton Global Initiative (CGI) Market Based Approaches program, and sits on the Program Design Advisory Council for Harvard Business School's Executive Education Program. Her work has been featured by Bloomberg Businessweek, Euromoney, the Financial Times, Investor Relations Magazine, and Forbes. For driving collaboration across the capital markets, she has been named among the nation's "Top 50 Women in Wealth" by AdvisorOne; and in 2014 she was named among the “GOOD 100” and one of the “Purpose Economy 100.”
Charlotte Kim is a partner in the New York office of Wilson Sonsini Goodrich & Rosati (WSGR). Her practice focuses on global corporate finance with particular expertise in the energy, healthcare, life sciences and technology sectors. Charlotte has structured, negotiated, and closed more than 140 transactions with a total value exceeding $20 billion.
Charlotte has extensive experience advising public and private companies, private equity funds, venture capital funds, financial institutions, institutional investors, developers and multilateral agencies on capital structures and financing needs throughout the life cycle of an enterprise or project, from start-up and construction through development, operations, acquisitions, joint ventures, restructurings and investments.
Charlotte's transactional experience includes energy efficiency finance; renewable/clean energy development and financing; energy savings agreements (ESAs); PACE financing; project finance; securitizations; buyout and acquisition finance; private placements and debt securities offerings; lease financings; related derivative transactions; joint ventures and other equity investments; and restructuring transactions, both in and out of bankruptcy. In addition, she has completed numerous cross-border transactions and investments involving the U.S., Europe, Asia and Latin America.
Charlotte's long-standing interest in clean energy began during her tenure as a Fulbright Scholar at the Centre for European Policy Studies in Brussels, Belgium in 1991. She was a consultant to the UN Climate Change Secretariat during the Kyoto Protocol negotiations and several other UN Climate Change Convention negotiations. Charlotte co-authored with Professor Abram Chayes an article on China's role in these negotiations, "China and the UN Framework Convention on Climate Change," Energizing China, distributed by Harvard University Press. In May 2012, Charlotte co-authored and was the main architect of a WSGR white paper, "Innovations and Opportunities in Energy Efficiency Finance".
J.D., Harvard Law School, 1995
A.B., Social Studies, Harvard University, 1991 Magna Cum Laude; Recipient, Harvard Scholarship for Academic Achievement; Senior Staff Writer, Harvard International Review; Recipient of a Thomas T. Hoopes Prize, given for outstanding theses
ASSOCIATIONS AND MEMBERSHIPS:
Chairperson and Board Director, Asia-America Chamber of Commerce
Fellow, American Bar Foundation
Founding Director, New England Women in Energy & the Environment, 2009-2012
President, Asian American Lawyers Association of Massachusetts (2008-2010)
Member, International Law Committee (2000-2003) and Council on International Affairs (2004-2007), New York City Bar Association
Co-chair, National Committee on Sustainability and Climate Change, National Asian Pacific American Bar Association (NAPABA)
Recognized in the 2008, 2009, and 2010 editions of Chambers USA: American's Leading Lawyers for Business in the Banking and Finance category
Named a "Best Lawyer under 40" by the National Asian Pacific American Bar Association in 2009
Co-author, "Innovations and Opportunities in Energy Efficiency Finance", Wilson Sonsini Goodrich & Rosati white paper, May 2012
Co-author, "The Changing Landscape for Credit Rating Agencies," Law360, February 3, 2010
Co-author with A. Chayes, "China and the UN Framework Convention on Climate Change," Energizing China, Harvard University Press, 1998
SELECT SPEAKING ENGAGEMENTS:
"Scaling Up and Crossing the Second Valley of Death as Your Company Commercializes," MIT Clean Energy Prize/WSGR Energy and Clean Tech Entrepreneurs Bootcamp, Cambridge, Massachusetts, March 2012
Program Chair and Moderator, "Sustainability, Scalability, Profitability: Primer on Renewable Energy Transactions," National NAPABA Convention, Atlanta, Georgia, November 2011
"Legal Issues in Biotech," presentation to Chinese American Biomedical Association, Boston, Massachusetts, June 2010
Moderator, "A Conversation with General Counsels - Best Practices on How to Attract and Retain Diverse Legal Talent," National Asian Pacific American Bar Association Convention, Boston, Massachusetts, November 2009
Panelist, "Financing Energy and Brownfield Projects," New England Women in Energy and the Environment, Cambridge, Massachusetts, January 2009
State Bar of Massachusetts
State Bar of New York
Chris leads investment due diligence as well as administrative, financial, and risk management. Prior to joining the Closed Loop Fund, he led a Strategy and Finance team dedicated to providing support to Walmart Sustainability. While at Walmart, Chris worked on Waste, Transportation, and Energy projects, including several that focused on increasing Walmart’s recycling rate and closing commodity loops. Before Walmart, Chris worked in TPG Capital’s Ops group, where he provided post-acquisition execution and support and KSL Capital on the buy-side. Chris received his MBA from University of Texas At Austin and his undergraduate in Economics from Cornell University.
Joshua Levin. Joshua is a Senior Program Officer in Finance & Commodities at the World Wildlife Fund. He leads WWF’s global engagements with financial institutions on emerging opportunities, risks, and intelligence related to investing in global food & agri commodities. In the past, he has worked with the Rainforest Alliance, Root Capital, EcoAgriculture Partners, and Conservation International in various capacities. He holds an MBA from the NYU Stern School of Business, where he was a Catherine B. Reynolds Fellow in Social Entrepreneurship, and a BA from Harvard University.
Ken is a Director of Impax Asset Management (US) LLC., having joined in 2011. He heads its North American activities on issues related to climate change and sustainable investment, and its collaborations on these issues with interested institutions. Ken is also an Alliance to Save Energy “Affiliated Expert”, focusing on energy efficiency finance. He has a 20+ year commitment to clean energy enterprise investment and finance. Before joining Impax, Ken served as the Director of Finance and Investment with the Clean Energy Group (CEG) and assisted in the creation of the Investor Network on Climate Risk. Previously he was a founding partner at the Massachusetts Green Energy Fund and a Partner at EIF Group. Ken is a founder of the American Council on Renewable Energy (ACORE), the leading US renewable energy umbrella organization. He is a graduate of Yale University.
Director, Stakeholder and Community Relations Office
David Manning was named Director of Brookhaven National Laboratory's Stakeholder and Community Relations Office in January, 2015. Manning’s responsibilities include developing, implementing, and assessing strategic internal and external communications plans and programs to advance the scientific mission and priority programs and initiatives of the Lab; developing and implementing government and stakeholder relations programs to help increase support for the Lab's programs and priority projects; and overseeing science education and workforce development programs to fulfill the Lab's and U.S. Department of Energy's education and diversity goals.
Manning has worked in both government and the private sector, including serving as the Deputy Minister of Energy for Alberta, Canada, President of the Canadian Association of Petroleum Producers ( CAPP) and EVP, Corporate Affairs / Chief Environmental Officer for KeySpan/National Grid. Most recently, he served as the U.S. representative for the Premier of Alberta, deeply involved in energy issues.
Manning earned a B.A. and L.L.B. in law from the University of Alberta, and did post-graduate work in international law at the Australian National University.
President & CEO
Ken started his career in process and applications engineering with AT&T Microelectronics and spent five years in the Asia/Pacific region in charge of international business development. Upon his return to the States, Ken initiated a global accounts sales process across AT&T Microelectronics unit, eventually becoming Director of Sales for Telecom and Wireless Applications with Lucent Technologies. This was followed by Director of Field Sales at ANADIGICS, where he was quickly promoted to Vice President of Worldwide Sales and Marketing. Since then, Ken has held various leadership positions with companies, such as IQE PLC, NanoOpto Corporation and Konarka Technologies. Since 2007, Ken has been exclusively focused on renewable energy applications and markets.
Ken graduated with an M.B.A. in Marketing and Finance from the University of Richmond and holds a B.S. in Chemical Engineering from Bucknell University.
Les is the Managing Director of iCANny, a not for profit New York State Certified Business Incubator and he also serves as the Chief Executive Officer of privately held iCAN-Global LLC, (International Cleantech Acceleration Network). Each entity specializes in the accelerated commercialization of innovative cleantech and energy technologies based in New York’s Hudson Valley. As a lifelong entrepreneur and innovator, Les is leading these initiatives which are altering the paradigm of traditional, geographically restricted incubation and acceleration.
iCAN-Global LLC is a socially networked organization that has a recruited a global cadre of experienced business executives, professionals, technologists and service providers in a variety of technical and business disciplines. Our mission is to facilitate the licensing of cleantech and energy innovations worldwide stimulating local investment, economic development and job creation.
Les is a co-founder of iCLEAN, a NYSERDA supported energy and cleantech incubation partnership between iCANny and the College of Nanoscale Science & Engineering. His energy and cleantech incubator is also engaged with the formation of new cleantech incubators in Newburgh New York (as a component of a StartUpNY initiative with Mount Saint Mary College)incubator; the BioInc incubator in a collaborative partnership with New York Medical College in Valhalla, New York; and the clean energy center in Mount Vernon, New York.
A lifelong entrepreneur, Les has managed privately and publicly held companies, structured numerous financings, formed strategic partnerships and turnarounds. An experienced executive, Les serves on numerous Boards as well as an Advisor for academic institutions. Les is a sought after speaker for domestic and international conferences on emerging cleantech innovations, entrepreneurship and twenty first century incubation methodologies.
Evija is the CEO and Co-founder of EnertecGreen, a technology company that has a unique biomass gasification process for Combined Heat and Power application.
Founded in Latvia in 2008, the company invested 5 years in R&D and operation of its own power plant. In 2012 the firm felt the technology was market-ready and Evija led its commercial expansion internationally. The Company now has a UK headquarters and its first two UK plants are commissioned and operational. These plants are each ground breaking in their own right as they convert waste wood and sewage sludge respectively into a high quality synthesis gas that is combusted in highly efficient modern gas engines. Evija believes this is a world first, taking biomass gasification to a new level of efficiency and commercial viability. The company is engaged in a number of projects internationally and is already positioning itself for significant further global expansion in the coming years.
Evija has been involved in the biomass business for the last 12 years. She was General Manager of a peat pellet plant for 3 years before she cofounded EnertecGreen in 2008 and used her earlier experience to develop gasification technology to efficiently convert biomass pellets into power and heat.
Evija holds a Master’s Degree in Law from the University of Latvia, is fluent in a number of languages and has extensive experience in government advisory roles prior to her involvement in the biomass technology sector.
Daniel A. Spitzer:
Mr. Spitzer concentrates his practice on a variety of issues involving environmental law, renewable energy, power generation, sustainable development, land use law, and municipal law. His practice involves numerous renewable energy projects, including representing municipalities, developers, land owners, and financing entities. His work, from project inception through successful litigation, includes some of the largest wind farms in the United States, and he has also worked on fossil fuel, landfill, gas-to-energy, biomass, and solar projects. He successfully represented a municipality in a case of first impression on a municipality's right to regulate power generating facilities based on greenhouse gas emissions. A primary part of Mr. Spitzer's work focuses on NEPA and SEQRA review and compliance with federal environmental statutes. His work includes environmental assessments for large-scale industrial, commercial, telecommunications and energy projects. He counsels agencies and private clients on compliance with historic preservation laws, the Clean Water Act, the Clean Air Act, and other federal and state environmental statutes and regulations. Mr. Spitzer is a frequent speaker and author on renewable energy, land use and zoning, and municipal law. He drafted the inaugural chapters on Green Buildings and Sustainable Design, and on Municipal Annexation for the fourth edition of New York Zoning Law and Practice, published by West in 2009; authored "State Tax Laws Give Certainty," North American Windpower, May 2010, and "Examining NYPA's Project Rules," North American Windpower, June 2009; and co-authored "Debate Over Federal vs. State Regulation of Fracing Heats Up," The Pipeline, Fall 2013; and "A Guide to Regulating Big Box Stores, Franchise Architecture, and Formula Businesses," New York Zoning Law and Practice Report, 2007. He is listed in Buffalo Business First's Who's Who in Law (Energy) and 2012 and 2013 Upstate New York Super Lawyers. He earned his J.D., magna cum laude, from SUNY Buffalo Law School, where he served as editor-in chief of the Buffalo Law Review.
Barry K. Worthington serves as the Executive Director of the United States Energy Association (USEA)
where he directs the Association's domestic and international activities. He has served in this capacity
since September 1988. Previously, he served as a Vice President of the Thomas Alva Edison Foundation
and prior to that served in several capacities with Houston Lighting & Power Company, now known as
Worthington has also written extensively on energy and environmental matters, and addresses many
conferences on national and international energy issues.