Astonfield Renewables Adds Mital to its Advisory Board

Astonfield Renewables has added Neeraj Mital to its global advisory board. Mital is currently senior managing director of Evercore Partners Inc. Astonfield Renewable is a provider of affordable renewable energy in emerging markets.


PRESS RELEASE

Astonfield Renewables is pleased to announce the addition of Neeraj Mital to its Global Advisory Board. Mital currently serves as Senior Managing Director of Evercore Partners Inc., a New York-based global investment banking advisory and investment management firm.

“Astonfield’s founders have been visionaries in the global solar industry, positioning India to become the largest solar market in the world. It is a privilege to join their team and assist Astonfield in its rapid growth,” said Mital.

Mital has twenty-three years of experience in principal investing and mergers and acquisitions. Prior to joining Evercore in 1998, he was a Managing Director at The Blackstone Group. From 1989 through 1991, Mital was with Salomon Brothers Inc. Prior to joining Salomon Brothers, he was a CPA with Price Waterhouse. He received a B.S. in Economics with Honors from The Wharton School at the University of Pennsylvania.

“We are thrilled to welcome Neeraj Mital to our Global Advisory Board,” said Sourabh Sen, Co-Chairman of Astonfield Renewables. “Neeraj’s deep understanding of capital markets and private equity are an important addition to our financial team. His leadership will play a key role in our financial strategy and fundraising efforts as we make progress toward commissioning our first 100 MW of power in India in 2013.”

Mital joins Subimal Bhattacharjee, India’s Country Head for General Dynamics International Corporation, Viren Doshi, Senior Partner and the Head of Global Energy, Chemicals and Utilities at Booz & Company, Karlheinz Muhr, Chairman of Cenario Capital Management, a New York-based asset and risk management firm focused on the institutional marketplace and Shailesh Haribhakti, Chairman of BDO Consulting Pvt. Ltd., the Indian Member firm of the world’s fifth largest accountancy network, BDO International, on Astonfield’s Global Advisory Board.

About Astonfield Renewable Resources Astonfield Renewable Resources Ltd. is a leading provider of affordable renewable energy in emerging markets. Astonfield develops, owns, and operates a rapidly growing portfolio of utility-scale solar plants. Through strategic partnerships with global technology and finance leaders, Astonfield deploys the world’s most advanced, proven renewable energy solutions to power communities in India, Africa, and the Middle East.

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