TGC is managed and advised by a team of highly specialized investment professionals and senior operating executives with strong
global special situations investing experience in renewable energy
Dr. Panos Ninios is the Managing Partner of True Green Capital Management LLC. He is primarily responsible for portfolio and risk management. Dr. Ninios is a member of the Investment Committee and contributes significant global renewable energy investment, regulatory and operational expertise to the True Green Capital team.
Dr. Ninios was a Managing Director for four years at Plainfield Asset Management, a special situations hedge fund based in Greenwich, CT with over $5 billion in peak assets under management. He was the analyst responsible for a global $1.5 billion energy portfolio consisting of private equity, high yield and bank debt. While at Plainfield, Dr. Ninios built and managed an approximately $250 million renewable energy private equity portfolio and played a lead role in a number of US, European and Latin American control and minority investments in renewable energy sectors. In that context Dr. Ninios raised over $500 million of bank debt for Plainfield portfolio companies. Finally, as part of his role on Plainfield Dr. Ninios was interim CEO and President of HelioSphera SA, a European 60MW p.a. thin film PV solar module manufacturer during a 15 month period.
Prior to joining Plainfield, Dr. Ninios was for four years an Executive Director with the Goldman Sachs commodity business (JAron) in London focused on European Power and Gas markets as well as distressed debt power markets.
Dr. Ninios earlier spent eight years with McKinsey & Co, most recently as an Associate Partner, serving major US and European energy companies on M&A and commodity risk management.
From 1994 to 1995, Dr. Ninios was a derivatives analyst at Intercapital Brokers in London. From 1991 to 1994, while working on his doctoral thesis, Dr. Ninios consulted to the UK power sector, principally with Southern Electric PLC.
Dr. Ninios holds a Ph.D. in Electric Power Industry Deregulation Economics from the London Business School, a MSc in operations research from the London School of Economics, a MSc in computer science from the University of Dundee, UK and a B.S. in pure mathematics from the University of Patras, Greece.
Bruce "Bo" Wiegand is a Founder and Partner of True Green Capital Management LLC and is primarily responsible for investment sourcing, evaluation, due diligence and project development. Mr. Wiegand is a member of the Investment Committee and is responsible for developing the firm’s strong relationships with advisers, EPC contractors and asset owners.
Prior to True Green Capital, Mr. Wiegand was a principal at Voyage Investment Management, an alternative investment firm and family office that managed over US$200 million in assets. While at Voyage, Mr. Wiegand was responsible for investment evaluation, trading and ongoing portfolio management, with a focus on energy.
Prior to Voyage, Mr. Wiegand was an analyst in BlackRock’s Proprietary Alpha Group, which managed over US$5 billion in energy-focused alternative investments. Mr. Wiegand was a top 50 nationally ranked US junior tennis player and was a member of Harvard’s Varsity Tennis Team. Mr. Wiegand received a B.A. from Harvard University.
Mr. Rasken is Director of Origination for True Green Capital Management LLC and is responsible for TGC’s business development and origination efforts.
Mr. Rasken was earlier Founder and Director of Origination for BAM Solar LLC.
Mr. Rasken was previously Acquisitions Director within a $300 million real estate group at Adler Group Inc after his earlier role as financial analyst with AIG.
Mr. Rasken received a M.Sc. in Real Estate from the Chapman Graduate School of Business, Miami, FL and his B.Sc. in Finance from Indiana University.
Chris Kirkman is Director of Project Finance for True Green Capital Management LLC and is responsible for TGC’s project financing and M&A efforts, along with credit analysis and monitoring of TGC’s counterparties.
Mr. Kirkman was previously a Director for four years with WestLB Securities and its successor in New York, responsible for originating and executing project & acquisition finance transactions, as well as managing a global portfolio of debt facilities in the energy and infrastructure sectors. Between 2006 and 2010 Chris was an Associate and Vice-President with Deutsche Bank Securities' Natural Resources group in New York, where he originated and executed M&A and capital markets transactions primarily in the power & utilities sector. Prior to Deutsche Bank Chris held positions with the Vanguard Group, McKinsey & Company, and Citigroup.
Chris holds an MBA from the Yale School of Management and a BA from Kenyon College.
Thomas Byrne is a Partner and Counsel of True Green Capital Management LLC and is responsible for providing legal counsel and support at all stages of project development and financing.
Mr. Byrne previously practiced law in the project finance groups of Akin, Gump, Strauss, Hauer & Feld, LLP and Chadbourne & Parke, LLP, where his practice focused primarily on the development and financing of renewable energy generation assets.
Mr. Byrne has represented renewable energy developers and financiers on a number of groundbreaking projects in the U.S. industry. Most recently, he represented NRG Energy on the purchase of a portfolio of distributed solar assets from Solar Power Partners, and SunPower on development, financing and sale of its 25 MW Solar Star project. Mr. Byrne also represented SunPower and NRG Energy on the financing of the 250 MW California Valley Solar Ranch project, Terra-Gen Power on the development and financing of its 1.3 GW Alta Wind Energy Center in California and Caithness Energy on the development and financing of its 990 MW Shepherds Flat Wind Farm in Oregon.
Prior to law school, Mr. Byrne worked for Waterkeeper Alliance where he helped create more than fifty environmental organizations worldwide. Mr. Byrne received his JD from UCLA School of Law, and his BA from the University of California, Berkeley.
Daniel Porcello is CFO of True Green Capital Management LLC and is responsible for accounting, tax and for providing operations support accross entities at the firm and portolio levels.
Mr. Porcello was prior the Controller of ESL Investments Inc, where he was from 2004 through 2013 responsible for operations, accounting and tax for a multi billion dollar group of hedge funds.
Mr Porcello earlier served in roles at Globeop Financial Services, as Head of Operations; Deephaven Capital Management, as Controller; and with The State Investment Council, Bank of Bermuda, as Portfolio Accountant. Mr. Porcello began his career as an Associate with Arthur Andersen.
Mr. Porcello received his Master of Professional Accounting degree from University of Texas at Austin, and his BS/BA in Accounting from Western New England College.
Prior to retiring in 2010, Mr. Bertuzzi served as a Managing Director in the Commodities division at Goldman Sachs Co (J Aron) for 13 years. At Goldman, Mr. Bertuzzi managed a global derivatives trading team focused on serving clients in crude oil and petroleum products worldwide.
Before Goldman, Mr. Bertuzzi was a Senior Vice President in the commodity trading group at Lehman Brothers for seven years.
Mr. Bertuzzi has also worked in commodities trading for Mitsui & Co., Metallgesellschaft Corp., and also in auditing for Ernst & Ernst (now Ernst&Young).
Henri Talerman is co-founder of WR Capital Partners LLC, an investment partnership and a successor to Wesray Capital, a pioneer in the buyout industry. WR is a seeder to TGC, and owns equity in the General Partner.
Prior to forming WR , Mr. Talerman was Partner of Lehman Brothers Merchant Banking Partners and Managing Director of Lehman Brothers Inc. Mr. Talerman was a member of Lehman’s Investment Committee and IB Operating Committee.
Mr. Talerman has invested across a wide range of industries. He sits on boards of portfolio companies and plays an active role in capital allocation and strategy decisions.
Mr. Walsh is a founding partner of WR Capital Partners, LLC (WR), a private equity investment partnership and a successor to Wesray Capital, which Mr. Walsh joined in 1990. WR is a seeder to TGC, and owns equity in the General Partner.
Prior to forming WR, Mr. Walsh worked at Kidder, Peabody, Inc., in New York City in the equity syndicate department.
Mr. Walsh has extensive private equity and capital markets experience across a wide range of industries. In addition to sitting on the board of TGC and other portfolio companies, he currently serves as a director to several corporations including First Constitution Bancorp (NASDAQ: FCCY)
Currently focused on non-traditional energy investing with a focus in the Military and Government services sectors, Mr. Brown serves as a Senior Advisor to True Green Capital Management LLC, of which he was a Founding Partner and served as a member of the Investment Committee. In his role as Senior Advisor, Mr. Brown contributes significant global renewable energy investment, regulatory and special situations investment expertise to the True Green Capital team.
Mr. Brown was earlier a Senior Vice President and Senior Research Analyst with a special situations hedge fund based in Greenwich, CT with over $5 billion in peak assets under management including a $250 million private renewable energy portfolio. Mr. Brown has led a number of direct equity and debt financings in the US and Europe across the distributed generation and solar value chains – including a lead equity investment in a private US-based producer of UMG solar silicon; a control equity investment in a thin film module production company and solar farm developer based in the Mediterranean; and multi-round minority equity and debt participation in financings of two US-based thin film PV producers.
Prior, Mr. Brown was an analyst at W.R. Huff Asset Management, a $14 billion high yield and private equity manager in Morristown, NJ and was earlier an analyst at The Nassau Group, a merchant bank focused on environmental and industrial technologies and services based in Westport, CT.
Mr. Brown received a M.B.A. from MIT Sloan School of Management and a B.A., with distinction, from Yale University. Prior selected board directorships: Solsil Inc, HelioSphera SA, Bioenergy Holdings LLC, Picture People Inc. and WR-TGC Solar Generation IV.