DEVELOPMENT TEAM

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William L. Felts
Senior Vice President
Development

Joseph E. (Jef) Freeman, Jr.
Vice President
Development

Eduardo Hernandez-Carstens
Vice President
Development

Edouard MacGuffie
Vice President
Solar Development

Gary Palo
Vice President
Development

Corporate Management

 


Cogentrix has retained its valuable expertise in the project development arena. Personnel with specialized skills in the areas of permitting, regulatory approvals, and marketing make up the Cogentrix development team and all are engaged for the express purpose of accelerating the development strategy of Cogentrix. Personnel from other disciplines participate in the Company’s development efforts. Groups of particular note in this effort are Environment, Health and Safety, Engineering, Legal, Finance, Asset Management and operations.

Bill Felts is Senior Vice President of Development for Cogentrix. In this capacity, Mr. Felts is responsible for all development activities for the company and is a member of Cogentrix Energy's management committee. Prior to his current position, Mr. Felts was Vice President of Asset Management at Cogentrix and Vice President of Development at Cogentrix. Prior to joining Cogentrix, Mr. Felts held various positions at Indeck (an independent power producer) and Commonwealth Edison Company (a large investor-owned utility). Mr. Felts has over 24 years of experience in the electric power generation industry.

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Jef Freeman is Vice President of Development for Cogentrix in the Charlotte office. In this capacity he has responsibility for all solar thermal integration project development and fossil project development for the Company. Mr. Freeman has served as Chief Civil/Structural Engineer, Vice President of Development, Vice President for Public and Governmental Affairs and Director of Asset Management since originally joining Cogentrix in 1986. Mr. Freeman has over 30 years of experience in a wide range of capacities within the electric power generation industry.

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Eduardo Hernandez-Carstens is Vice President- Development for Cogentrix in the Charlotte office, and is focused in renewable energy power generation and Demand Side Management options. He has over 25 years prior experience in a large integrated energy company where he participated in acquisitions of international downstream assets. Mr. Hernandez-Carstens was responsible for the introduction and negotiation of long term supply contracts of a patented boiler fuel to North American utilities, and structured complex multi-party capital investments in the power industry, successfully marketing projects in Europe, Latin America, Canada and the United States.

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Ed MacGuffie is Vice President in charge of Solar Development for Cogentrix in the Charlotte office. Prior to his current position, Mr. MacGuffie was Executive Director, Solar for FPL Energy. Mr. MacGuffie's experience in the solar market includes managing the acquisition of the Kramer SEGS III-VII plants in California; initiating a $100 million solar field recapitalization effort at both Kramer SEGS III-VII and Harper SEGS VIII-IX solar generating facilities; and identifying and negotiating a joint-venture for solar development in Spain for his previous employer. Mr. MacGuffie has also led and taken part in negotiations for PPAs and solar field supply contracts and components.

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Gary Palo is Vice President of Development for Cogentrix in the California office and is responsible for overseeing the development of renewable generation facilities there, with a principal focus on solar powered generation projects. Before joining Cogentrix, Mr. Palo was Director of Development with FPL Energy, LLC, where he managed the development of the $1 billion Beacon Solar Energy Project, a proposed 250 MW concentrating solar power facility using parabolic trough technology located in the western Mojave Desert region of California. Mr. Palo has extensive experience in the development of natural gas fired and renewable electric power projects, including associated interconnecting transmission lines, on both federal and private lands in California. He has been active in the independent power industry for the past 24 years and is fully knowledgeable of the applicable regulatory agency requirements.

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