Pgc Overview Mar 2011 V4

Pgc Overview Mar 2011 V4

• 1.
  Phoenix Greenworks Capital Business Overview March, 2011
• 2.
  Phoenix Greenworks Capital PhoenixGreenworks Capital Ltd (“PGC”) is a financial services firm, focused on the renewable energy and waste sectors. PGC is developing projects in both Western and Eastern Europe, Africa, Asia and the Middle East. PGC’s strength and market edge is drawn from the breadth and depth of its team’s experience, coupled with their knowledge and network of local experts in the renewable energy and waste fields. PGC’s mission and objective is to assure delivery of robust, sustainable and environmentally compliant renewable energy and waste projects in regions where they both are in demand and supported by the respective governments and constituencies. PGC is a subsidiary of Phoenix Partners Group, a leading credit and equity derivatives interdealer broker with offices in New York, London and Paris.
• 3.
  PGC overview Project Developers / Capital projects Bank debt HFs PGC HNIs Private Equity 1. PGC uses its expertise to source 2. PGC understands the preferences of projects and project developers with each capital source and presents the bankable, strong track records and appropriate opportunities accordingly those projects with attractive risk- adjusted returns
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  PGC understands thestructure of renewable energy projects and their strong contractual underpinnings Bank PGC and its parent company Phoenix Partners Finance Group have an extensive network of financial Equity Operations partners and relationships including: Investor • Private equity funds Debt • Hedge funds Finance • Commercial banks O&M Equity Contract • Global investment banks Sponsor • High net worth individuals EPC Project Subsidies Govern- Builder and Loan Contract Company ment Support PGC has the experience and relationships to Feedstock Power facilitate each aspect of a project through its Agreement Purchase relationships with: Agreement • Government bodies Off take Agreement • Financial institutions Fuel Power • Technology developers Supplier Purchaser • Engineering firms Fuel Consumer • Operating and management companies • Fuel suppliers • Energy consumers
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  PGC’s in-house capabilitiesand Phoenix’s broader capital markets platform offer a broad foundation for project facilitation Phoenix Partners Group Legal expertise Initial Investment - project Project Management ready project outline PGC Technical expertise Financial modelling • Financial markets • Commodities markets • Renewable energy markets • Compliance
• 6.
  The PGC Team ThomasLumsden – CFA, Managing Director, Los Angeles & London Thomas leads PGC in structuring and securing finance for its projects. Thomas is also the founder and CEO of TL Capital Group. Prior to joining Phoenix, from 1996-2007 Thomas was a Partner with Promethean Asset Management, a New York-based hedge fund. At Promethean Thomas lead the direct lending business and was solely responsible for opening and managing Promethean’s European operation. Promethean had assets under management of approximately $600m and successfully closed over 70 deals, which totalled in excess of $1.7bn. Simon Thorne – Managing Director, London Simon, a qualified lawyer, has extensive experience in the waste sector. Simon has previously held the following positions: legal compliance director at SITA UK (a leading global waste management company); founder of Climate Finance; chairman of the EIN (Environmental Investment Network); chairman of the Environmental Specialty Group of TAG law; and chairman of Forbury Environmental (an environmental consultancy firm). Simon has been involved in all aspects of waste projects, from inception to operation, utilising technology solutions including incineration, anaerobic digestion, gasification and mechanical heat treatment. Graham Smith - Managing Director / Phoenix Partners Group, London Graham is a partner in PGC’s parent company. Graham works to secure finance for PGC’s projects and further with all aspects of Phoenix’s related businesses, with a focus on Commodities and Phoenix’s senior management. Graham has a track record of founding successful brokerage businesses such as Axiom Global (London office) and Mint Equities (Fixed Income business). In 2006 Graham co-founded the London business of Phoenix Partners Group, a top-5 Global InterDealer Broker, headquartered in New York with offices in London and Paris. Graham is also an ex-Olympian.
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  The PGC Team JamesWang – CFA, Senior Financial Analyst, New York James has more than 10 years experience in the financial services industry spanning equity analysis, investment banking and corporate finance. James has a Bachelor of Economics degree from the Beijing International Studies University, and an MBA with majors in Finance and Accounting from the Wharton School, University of Pennsylvania. Ali Rahman – Global Business Development , New York Ali project originates in the Middle East, Africa and the Caribbean. Previously Ali was an associate in the Corporate & Securities as well as Finance practices at Pillsbury Winthrop Shaw Pittman LLP where he focused on project finance and M&A in the energy industry. Prior thereto, Ali was employed at the International Crisis Group, an independent non-governmental organization working through field-based analysis and high-level advocacy to prevent and resolve deadly conflict. Daniel Grossman – LLB Hons, Project Associate, London Daniel is a Law graduate who joined PGC’s parent company PPG, in 2009. At PPG Daniel worked in the wholesale Capital Markets facilitating efficient execution of trading orders for PPG’s clients. Daniel joined PGC at the beginning of 2011 to assist in all aspects of the business. PGC working committee: This comprises all 6 PGC team members together with Phoenix Partners Group’s CEO, Nicholas Stephan, the COO, John Bolton, and the head of Compliance, Ron Steinfeld. The complement of the most senior members of the parent firm to PGC’s working group demonstrates Phoenix’s commitment to the business, as well as its ability to leverage its significant business acumen in helping PGC achieve its mission and objectives.
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  PGC Project focus 2009– TO DATE
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  European Solar, Waste-to-Energyand Wind European Solar • Following the introduction of the government feed in tariffs (FiTs) across Europe in recent years, PGC is advising selected investors on several solar project opportunities UK – property and EFW site • PGC is raising the funds (equity/debt) for a PGC-designed proposal for an EFW site on a property that has the potential for a number of renewable energy projects Waste to Energy • In 2009 PGC provided the development work for a pyrolysis / gasification plant situated in Southern Poland. The project has reached financial close and is now under construction • PGC is now in talks with several municipalities to provide the project expertise, technology and finance to install solutions to the waste challenges facing several regions in Poland Wind • PGC has developed a network of relationships from which have emerged wind energy development opportunities – these have sprung from PGC’s commitment on the ground in Poland
• 10.
  Phoenix Greenworks CapitalLimited (registered in England under number 07008511 and with the Financial Services Authority under number 511113) is the appointed representative of Phoenix Partners Group LLP (registered in England under number OC320934 and with the Financial Services Authority under number 454748), which is authorised and regulated by the Financial Services Authority.