PCP names MD and asset management director

Power Capital Partners has hired Eyob Easwaran as managing director and director of asset management. Previously, Easwaran worked at Conduit Capital Partners where he served as lead asset manager.

PRESS RELEASE

WHITE PLAINS, N.Y., Sept. 23, 2014 /PRNewswire/ — Power Capital Partners LLC (“PCP” or the “Company”) is pleased to announce that Eyob Easwaran has joined the Company as Managing Director and Director of Asset Management where he will be responsible for leading construction oversight, asset and risk management activities. In addition, Mr. Easwaran will serve on the PCP Investment Committee.

Mr. Easwaran has more than 20 years of experience in the power industry in various capacities including engineering, project financing, construction, and asset and risk management.

Most recently, Mr. Easwaran was Lead Asset Manager for Conduit Capital Partners, a private equity firm that invested in power projects in Latin America and the Caribbean. In this capacity, Mr. Easwaran managed a portfolio of power projects with approximately 1,000 MW of aggregate installed capacity employing a range of generation technologies in nine countries. The portfolio, which represented a total investment of approximately $1.5 billion, included investments in Termotasajero S.A. E.S.P. (Colombia), Jamaica Energy Partners (Jamaica), West Kingston Power Partners (Jamaica), Electricidad de Cortes S.A. (Honduras), Orzunil de Electricidad, Limitada (Guatemala), Mexicana de Hidroelectricidad S. de R.L. “Mexhidro” (Mexico), Pedregal Power Company (Panama), Impulsora Nacional de Electricidad S. de R.L. de C.V. “IMPRO” (Mexico) and Eolica Santa Catarina S. de R.L. de C.V. (Mexico) among others. Previously, Mr. Easwaran was a research engineer for Princeton Economic Research Inc. (PERI). Prior to PERI, Mr. Easwaran was an energy analyst for BNF Technologies, Inc. (BNF). Both at PERI and BNF, Mr. Easwaran worked closely with the U.S. Department of Energy’s Renewable Technology program.

Mr. Easwaran received a B.E. degree in Mechanical Engineering from Jose Antonio Echeverria Polytechnic Institute in Havana, Cuba, a Post-Graduate Diploma in Geothermal Technology from Auckland University in New Zealand, and an M.S. degree in Business/Finance from Johns Hopkins University.

“We are very pleased that Eyob has joined the PCP team and are confident that his international power asset and risk management experience will enhance our ability to successfully execute the PCP investment strategy,” said K. Mitchell Posner, Managing Partner of PCP.

About Power Capital Partners
Power Capital Partners is a private equity firm formed in partnership with Hunt Power Capital Partners, LLC, a wholly owned subsidiary of Hunt Consolidated, Inc., to invest globally in the development, construction and operation of fully contracted or hedged conventional and renewable power plants and related infrastructure.