Hudson Clean Energy Forms Advisory Board

Hudson Clean Energy Partners has formed an advisory board, which includes: Robert Catell, Michael Eckhart, Richard Green, Alexander Karsner, George Lindemann, Joseph McConnell and Edward Miller. 

 

PRESS RELEASE

Leading private equity firm Hudson Clean Energy Partners announced today that energy and finance veterans Robert Catell, Michael Eckhart, Richard Green, Alexander Karsner, George Lindemann, Joseph McConnell and Edward Miller will constitute the seven-member GP Advisory Board.

 

Hudson Clean Energy Partners is proud to announce its GP Advisory Board of directors, comprised of seven highly-regarded leaders of the renewable energy, utility and financial institution sectors.

 

The following individuals have been appointed to the GP Advisory Board:

 

Robert Catell. Mr. Catell is currently the Non Executive Chairman of National Grid U.S. and was appointed to the Board of National Grid in September 2007 following the acquisition of KeySpan Corporation, a leading natural gas distributor, where Mr. Catell was Chairman and Chief Executive for more than 20 years. Mr. Catell is an ex officio Director and Chairman Emeritus of The Partnership for New York City, Inc., the American Gas Association and the U.S. Energy Association (“USEA”), and is a Vice-Chairman of the National Petroleum Council’s Natural Gas Committee.

 

Michael Eckhart. Mr. Eckhart brings over 25 years experience in renewable energy, power generation and finance, and is founding President and Director of the nationally-renowned American Council On Renewable Energy (“ACORE”). Mr. Eckhart is also co-chairman of the World Council for Renewable Energy (“WCRE”), a member of the Steering Committee of the REN 21 global policy network, and co-head of the North American Secretariat of the Renewable Energy and Energy Efficiency Partnership (“REEEP”).

 

Richard Green. Mr. Green has spent over 30 years in the energy industry, serving for 20 years as the Chairman and CEO of Aquila Corporation, an international gas and electric company. Mr. Green presently serves on the Board of Directors of the Alliance for Sustainable Energy at the National Renewable Energy Laboratory (“NREL”) and is Chairman of Midwest Research Institute (“MRI”), which has a core focus that includes renewable energy.

 

Alexander A. Karsner. The Honorable Andy Karsner served as America’s ninth Assistant Secretary for Energy Efficiency and Renewable Energy (“EERE”) from 2005 to 2008, during a period of unprecedented growth in clean energy technologies, investments and policy formulations. He distinguished himself as a principal architect and contributor to international climate change deliberations toward achieving a post-2012 global energy framework and as America’s top regulator for energy efficiency. Mr. Karsner brings twenty years of experience in global energy development and project financing across a wide array of conventional and renewable sources. Previously, he served as CEO of the power development and consulting firm Enercorp, and both Director and Senior Development Manager for Wartsila Diesel. Mr. Karsner is currently on the Board of Directors of Argonne National Laboratory, Conservation International and Applied Materials, the world’s leading nanomanufacturer. He is a Distinguished Fellow at the Council on Competitiveness and a leader of the Energy Future Coalition.

 

George Lindemann. Mr. Lindemann serves as the Chairman and CEO of Southern Union Company, one of the largest natural gas distribution and transmission companies in the United States. Prior to Southern Union, Mr. Lindemann was the Founder, Chairman and CEO of Metro Mobile CTS, the nation’s second-largest independent cellular phone company until its merger with Bell Atlantic Corporation in 1992. During the same period, Mr. Lindemann was also President and CEO of Metro Mobile Communications.

 

Joseph McConnell. Mr. McConnell, a resident of London (U.K.), has over 25 years of investment banking experience in both mergers and acquisitions and financing alternatives for financial institutions. Mr. McConnell is a retired Partner of Goldman Sachs and was also formerly Head of European Financial Institutions Banking at Lehman Brothers.

 

Edward Miller. Mr. Miller was the President and CEO of AXA Financial from 1997 to 2001, and subsequently served as a member of the supervisory board and as a senior advisor to the Chief Executive of AXA Group. Mr. Miller also served as Chairman and Chief Executive of subsidiary AXA Client Solutions, and as a director of AXA Financial, Equitable Life, Alliance Capital and Donaldson, Lufkin & Jenrette. Prior to joining AXA Financial, Mr. Miller enjoyed a successful 35-year banking career in senior positions at both Manufacturers Hanover Trust, Chemical Bank and The Chase Manhattan Corporation. Mr. Miller is currently a Director of both American Express Company and Korn/Ferry International.

 

Hudson Founder and Co-Managing Partner Neil Auerbach remarked, “It is with great pride that we announce our highly prestigious GP Advisory Board, whose knowledge of, and accomplishments in, renewable energy, traditional energy and financial services are unrivalled. During this time of such extraordinary challenge and opportunity for our industry, we are fortunate to have access to individuals with such depth of experience and range of strategic vision.”

 

“We are very excited to be working with such highly talented individuals, many of whom we have worked with for many years and hold in the highest regard”, said John Cavalier, Hudson Co-Managing Partner. “We are confident this carefully selected Board will complement Hudson’s internal sector expertise and enhance our position as a thought leader in clean energy.”

 

This statement does not constitute an offer of sale, or a solicitation of investors or purchasers, in respect of the securities of any person in any jurisdiction.

 

For more information

Contact Neil Auerbach, John Cavalier or Nick Sangermano, Hudson Clean Energy, tel +1 (201) 287-4100

 

About Hudson Clean Energy Partners

Hudson Clean Energy Partners is a private equity firm that invests in the dynamic and fast-growing clean energy market. Hudson invests in companies focused on renewable power, alternative fuels, energy storage and demand-side energy management. Hudson’s investment strategy focuses on high-growth, asset-based, capital-intensive segments of the clean energy value chain using commercialized technologies to extract energy from wind, solar, geothermal, biomass and other renewable sources. Further information about Hudson can be found at www.HudsonCEP.com