Senior Wall Street Team Launches First Investment Bank Dedicated Exclusively to Alternative...

Senior Wall Street Team Launches First Investment Bank Dedicated Exclusively
to Alternative Energy and Cleantech

Former Top UBS Banker Jeffrey McDermott Assembles Expert Team from Goldman
Sachs, Citi, Morgan Stanley, Barclays to Form Greentech Capital Advisors

NEW YORK, June 30 /PRNewswire/ -- Greentech Capital Advisors, LLC, the only
dedicated alternative energy and cleantech focused investment bank, today
formally launched the firm, announcing a unique and significant set of
capabilities and senior professionals.

The firm's singular focus on the alternative energy space, a dynamic and
expanding sector driven by climate change, fills the need for a pure-play
advisory firm dedicated to alternative energy and cleantech companies.

Jeffrey A. McDermott, a 25-year banking veteran and former Joint Global Head
of UBS Investment Banking and founder of Greentech Capital Advisors said, "For
these companies to thrive, and for America to transition to a cleaner and more
energy efficient economy, there is a need for a dedicated team of experienced
bankers. Alternative energy and cleantech companies need bankers with deep
industry knowledge, a wide array of product skills, and relationships with
large industrial, power and utility companies who are the ultimate customers,
strategic partners and consolidators for these companies. Our comprehensive
expertise and unique composition of experts will help clients grow and
succeed."

Richard L. Kauffman, Chief Executive Officer of Good Energies, Inc, a leading
global investor in renewable energy and energy efficiency industries, said,
"After many years, the renewable energy sector is finally growing up. The
sector needs capital and good advice."

Greentech Capital Advisors offers clients a comprehensive set of capabilities
across the project finance, private equity, and mergers and acquisitions
markets, with a blue chip roster of partners with significant expertise in
each of these areas:

-- Robert A. Schultz, Chief Operating Officer, with an over 20 year
track
record of building and managing infrastructure. He is a former MD and
COO at Morgan Stanley Fund Services.

-- Timothy F. Vincent has joined to lead the firm's project finance
business. Prior to joining, he was at Goldman Sachs as a Managing
Director covering Infrastructure clients and previously he was a
Managing Director and Joint Head of Project Finance in North America
for
BNP Paribas.

Vincent said, "Developers and investors in today's alternative energy sector
are having difficulty navigating an unprecedented market disruption in the
project finance debt markets. Greentech Capital Advisors is well-positioned to
help clients secure cost-effective funding from a variety of sources to ensure
the long-term viability of their projects."

-- Michael J. Molnar has joined Greentech Capital Advisors from Goldman
Sachs, where he was the lead equity research analyst on the US
alternative energy and coal sectors.

Molnar said, "The alternative energy sector is challenging given the uncertain
and dynamic nature of the industry drivers. Thinking about value creation in
an era of volatile fossil fuel prices, varying new technology cost curves,
differing regional regulations, changing government policies and uncertain
financing potential is very complex. At Greentech Capital Advisors, our
industry knowledge, experience and analytics are the foundation from which we
add value to our clients."

-- Craig J. Wellen has joined the firm, having over a decade's
experience as a power and utility sector banker, most recently as a
senior banker at Citi. While at Citi, Craig was responsible for
originating and executing strategic M&A transactions and capital
raisings for numerous North American utilities, infrastructure funds
and
multinational energy companies.

"Current initiatives to control climate change and greenhouse gas emissions
represent a fundamental policy shift that will reshape the power and utility
sector," said Wellen. "We look forward to working closely with our power and
utility clients to understand the implications of this transformative change
and to identify related business opportunities that will enhance shareholder
value."

-- R. Andrew de Pass, founder and former head of Citi's Sustainable
Development Investments ("SDI"), has joined Greentech Capital
Advisors as a Senior Advisor and will be responsible for developing
and
leading the firm's private equity investing business. Olav
Junttila, who worked as an investment principal with Andrew at SDI,
has
also joined the firm.

"We believe Greentech Capital Advisors will be uniquely positioned to build a
successful growth private equity investing business given the combination of
the firm's deep sector knowledge with our extensive investing experience and
relationships. We intend to invest alongside our clients to help them achieve
their goals," de Pass said. "In addition, we will augment the advisory
practice by sharing our hands-on experience as private equity investors in the
alternative energy and cleantech sectors."

About Greentech Capital Advisors:
Greentech Capital Advisors provides financial advisory services, including
buy-side and sell-side M&A, exclusive sale transactions, restructurings,
private placements and project finance advisory to companies engaged in
alternative energy, energy efficiency, transmission and distribution
infrastructure, sustainable materials and products, waste management,
recycling and water efficiency. The firm's dedicated focus enables us to
develop deep industry knowledge and provide thoughtful and thorough advice.
For additional information, please visit www.greentechca.com.

Media Contact:
Tom Steiner
Edelman
212-704-8272

SOURCE Greentech Capital Advisors, LLC

Tom Steiner of Edelman, +1-212-704-8272, for Greentech Capital Advisors