September 2012 | Credentials Statement

© Copyright | Private & Confidential

“Making projects happen for a better tomorrow.”

Infrastructure Investment Advisors

Disclaimer

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The information in this document has been prepared by, or on behalf of, ADN Capital Ventures, Inc. for general informational purposes only, is presented without any representation or warranty whatsoever, including as to the accuracy or completeness of the information, and does not provide any legal, financial or other advice, recommendation or endorsement as to any particular strategy, product or investment. This document is the confidential information of ADN Capital Ventures, Inc., and the recipient shall have no right to, and shall not directly or indirectly, disclose, share, copy or grant access to the document without the written consent of ADN Capital Ventures, Inc.

Contents

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1 Who We Are

2 Sectors of Focus

3 Services

4 Clients

Team Bios

ADN Capital Ventures, Inc.

Project Finance Advisory and Development for Intern ational Projects

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Profile

Privately held

Headquartered in the SF Bay Area and with a presence in

Europe

Over $1billion transaction advisory

portfolio

Core Competencies

Proven Client Centric Approach

Project Execution Solutions

Public,PPP/PFI Projects

Long Term Concessions

Practices

Strategic Advisory

Project Development and

Financing Services

M&A and Capital Raising

Consultancy Services

Expert Witness & Due Diligence

ADN Capital Ventures, Inc. delivers advisory services to clients who are developing, financing and implementing transportation, energy and other related infrastructure projects in the private and public domains.

Key Differentiators

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• Over 20 years of experience and over 60 PPP (“public-private partnerships”), private finance including build-operate-own/transfer (“BOT”), concession projects and independent power projects globally

• Transactional experience exceeds $50 billion of total investment valueinternationally

Our Expertise

• Worked in over 20 countries, in North America, Europe, Africa and Asia• Acted as lead negotiator and representative on infrastructure concession/PPP

projects including governments

Our Global Experience

• Two deal-of-year awards on infrastructure deals in 1997 and 2003 (Euromoneyand Project Finance)

Award Winning Deals

• Speaker at over 25 international conferences on project finance or public-private-partnerships and

• Visiting Scholar and instructor at Stanford University’s Collaboratory for Research on Global Projects.

Additional Experience of ADN Founder

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Our team of professionals operate under the highest professional standards:

Values: Excellence in Asset Development and Formation

Committed to earning client trust by operating with the highest integrity with the objective of bringing value to our clients over the long term.

Provide our clients with services and advice independent of investment banking firms and auditing houses.

Committed to providing services that meet a standard of excellence in all of our endeavors.

Equipped with proven skills and experience to aid us in working with clients to deliver sound project structures that are sustainable in various economic and business cycles.

Dedicated to developing lasting relationships based on providing clients with quality value-added service and with the goal of achieving and exceeding client expectations.

Contents

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1 Who We Are

2 Sectors of Focus

3 Services

4 Clients

Team Bios

We Cover Three Principal Infrastructure Sectors

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Transportation : Roads, road transportation, ports, airports and a ll aspects of mass transit

Renewable Energy and Power : Power generation, renewables and transmission

Public Services : Health, education, government buildings and parki ng

Road Transportation Sector Credentials

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Value Proposition :

The ADN team has extensive experience in the road transportation sector having worked for both government/public sector agency clients as well as for private sector developers. The team’s combined experience is on well over 1,500 miles of roads and motorways.

Service Areas

Bidding

Capital Raising

Commercial and Financial Structuring

PPP/Concessions

Debt Restructuring

Clients

Governments

Infrastructure Funds

State Authorities

Private Developers

Project Locations

International : Greece, Spain, Caribbean, Austria, Ireland, Hungary, Poland,Croatia and Czech Republic

United States: NJ,CO,FL, TX,CA,NY

Road Infrastructure Deal History

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PROJECT NAME

PROJECT

ACTIVITY ADN'S ROLE CLIENT LOCATION

Indiana Toll Road Bidding Lead Adviser Abertis Indiana

Road 1604 Texas Project Bond Offering Bond Adviser Cintra Texas

Texas Rail and Mass Transit Fund Raising Adviser State of Texas Texas

Istrian Motorway Concession 1B Project Bond Offering

Financial Adviser,Ratings Adviser, Book Runner & ArrangerCroatian Government Croatia

Istrian Motorway Concession 1A Syndicated debt funding

Financial Adviser,Ratings Adviser, Book Runner & ArrangerCroatian Government Croatia

Highway 2000 Project Tender Process Lead Adviser Government of Jamaica Jamaica

ASFINAG Electronic Toll System (€750 million) Bidding Adviser Autostrade Austria

Ionia Odos (€2 billion) Bidding Process Financial Adviser Vinci Greece

Maliakos-Kleidi Bond Offering Financial Adviser Hochtief; Bilfinger Berger and Strabag Greece

3rd Community Structural Framework( €3 billion)

Public Private Partnership Adviser Ministry of Finance of Greece Greece

230 km road from Sofia to Varna (€1.2 billion) Project Bond Offering

Preferred Financial Advisor, Financial Arranger, Book runner SPV,Bulgarian Government Bulgaria

N4/N6 motorway in Ireland Project Bond Offering Coordinator

Sli-Nua Consortium(Ferrovial and SIAC) Ireland

Road Program Development/PPP/Concessions

Public Private Partnership/Concessions/Leasing Adviser

Multiple Departments of Transportation United States

Funding Alternatives Transport Infrastructure Debt Structuring Adviser Ministries of Transportation

Poland, Hungary,Poland, Czech, Croatia

Port Sector Credentials Value Proposition :

ADN brings superior expertise to deals in port infrastructure. Team members have advised government bodies on concessioning existing assets, and played an active role in the private development of greenfield port projects as well. In aggregate these projects combine for several million TEU’s of operating capacity.

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Services

Bidding for Acquisitions

Capital Raising

PPP/Concessions

Commercial & Financial Structuring

Debt Restructuring

Valuation and Industry Analysis

Clients

Governments

State Authorities

Private Developers

Project Locations

International : South Africa Greece, Bahrain

UnitedStates :LA,TX

Port Sector Transaction History

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PROJECT NAME PROJECT ACTIVITY CLIENT LOCATION

Trans-shipment Port facility in

Venice

Development, financing, and

structuring Sea Point LLC Venice,LA

Container Port Terminal Corpus

Christi Development, financing ACS-Dragados

Corpus

Christi,Texas

Ferry Passenger Terminal/Container

Port PPP on Transport Infrastructure Government-Confidential Carribean

Port Terminal in Mediterranean Bidding for Port Acquisition ACS-Dragados Meditarranean

Ngqura Container Port

Port development, construction

and operation

National Port

Authority,South Africa South Africa

Port System Privatization Project Privatization of Ports System

Minister of Shipping and

Maritime Greece

Port Privatization Project Privatization of Ports System Kingdom of Bahrain Bahrain

Global Container Port Sector

Analysis Economic Analyis N/A N/A

Airport & Aviation Sector Credentials Value Proposition :

ADN has an strong track record in advising governments on successful airport concessions. Team members have been involved in three dozen airport deals globally, working with governments in Europe, Asia and the Americas. The team’s expertise extends from financial structuring and valuation to regulatory frameworks to ensure maximum value for clients.

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Services

Bidding for Acquisitions

Commercial & Financial Structuring

Capital Raising

PPP

Debt Restructuring

Concessions

Clients

Governments

Infrastructure Funds

State Authorities

Private Developers

Project Locations

International: Curacao, Jamaica, Spain, Puerto Rico, Austria

Airport & Aviation Sector Transaction History

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PROJECT NAME PROJECT ACTIVITY ADN'S ROLE CLIENT LOCATION

Hato International Airport -

$55M Airport Concession Adviser

Government of

Curacao Curacao

Sangster International Airport -

$135M

PPP/Airport

Concession Financial Adviser/Negotiator

Government of

Jamaica Jamaica

Luis Munoz Marin Airport -

$132M Airport Concession Adviser

Port Authority of San

Juan Puerto Rico

Cheddi Jagan Airport

Bidding for Port

Acquisition

Adviser (Structuring, Tender,

Mgmt Contract)

Government of

Guyana Guyana

Vienna Airport - Initial Public

Offering IPO Adviser

Government of

Austria Austria

Energy Sector Credentials

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Value Proposition :

The ADN team members bring extensive hands on experience, having worked on a wide range of power generation stations, including a variety of fuel types and renewable sources, under different regulatory environments in Europe, North America and Asia. The team’s combined experience is on well over 10,000 MW of power generation capacity.

Services

Bidding for Acquisitions

Project Development

Project Commercial & Financial Structuring

Capital Raising

Implementation

Clients

Private Developers

Investment Firms

Utilities

IPPs

Project Locations

UK, IndiaTunisia, Italy,Turkey, GreeceUSA

Energy Sector Transaction History

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Project Name Project Activity Client / Developer Location

Project Helios (confidential) – Solar PVBuy-side M&A, valuation, review prospects

International buyer USA

Blue Beetle -24MW Solar PV Farm Sales-side Advisory and Financing Placement

Commercial Solar Power, Inc. USA

Portfolio of Commercial Scale Solar PV Rooftop Projects

Advisory for Asset Sale Hannah Solar, LLC USA

Economic Appraisal of the Development of Multiple Solar PV Farms Agency Properties

Project Development Advisory Caltrans USA

94 MW Wind Farm Portfolio Capital Raising, Strategic Partnership

CNI Energy Europe

17.85 MW Wind Farm Asset Sale /Equity Placement Project Owner Greece

880 MW Power Project gas fired Development & Financing Halivourgiki Greece

770 MW Rocksavage Power Project and 775 MW Corryton Power Project

Debt Financing InterGen UK

685 MW Power Station Bidding & Financing InterGen Egypt

Madhya Pradesh Power Project-350MW Oil Fired

Advisory, Structuring & Financing

Alpine Power India

National Power Environmental Project Tender Preparation Marubeni & Balfour Beatty UK

500MW Power Project Tender Preparation Tractebel & Snam Tunisia

Isab Power Project (tar gasification) Development & FinancingMission Energy (subsidiary of Southern California Edison)

Italy

770 MW, 1540 MW and 1520 MW Power Projects;

Bidding & Debt Financing InterGen Turkey

$200 million Power Generation Fund Capital RaisingConfidential (Investment Company)

Turkey

Undisclosed Power Generation Asset Bidding for Acquisition Scottish Hydro UK

100MW Wind Power Project Tender Preparation Nichimen, SeaWest and Micon USA

Renewable Sector Experience

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SAMPLE TRANSACTIONS :

Client : International Confidential Services : M&A / valuationSize: [confidential]Industry : Solar

Client : CSP, Inc. Services : M&A and project advisory / valuationSize: $100 million Industry : Solar PV

Client : ConfidentialServices : Strategic partnershipsSize: confidential Industry : Solar PV

Client : Solar vendor in AsiaServices : Strategic relationships & partnership in the USSize: n/aIndustry : Solar PV

Client : CALTRANSServices : Strategicadvisory Size: confidentialIndustry : Solar

Client : CNI EnergyServices : Financial AdvisorySize: Euro 140 millionIndustry : Wind

Energy Clients

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Clients Include:

Samsung, Korea Alpine, India

Snam, Italy ABB, Switzerland

Edison Mission, Europe Marubeni, Japan

Tractebel, Belgium Gazprom, Russia

Copeloulos Group, Greece gasNatural, Spain

Contents

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1 Who We Are

2 Sectors of Focus

3 Services

4 Clients

Team Bios

Advisory services tailored to meet the client busin ess needs and objectives in implementing projects

Added Value towards “Project & Deal Creation”

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ADN provides its clients with a both a pragmatic and solution orientated approach. The firm is uniquely positioned to offer its clients advisory services tailored to their business objectives and the requirements of the specific transaction.

We advise clients on financing structures and products involving:

• Project viability • Structuring concessions• Project finance• Investment banking• Corporate finance• Equity procurement• Tax-exempt finance• Capital markets

• Credit enhancement• Infrastructure fund-formation • Trade finance• Leveraged leasing• Structured finance• Commercial bank finance• Infrastructure deal sourcing

Project Phases

Fund Raising Equity & Debt

with

Negotiations / Implementation

Added Value towards “Project & Deal Creation”

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• Early assessment of project viability

• Project development

• Evaluation regulatory requirements

• Risk analysis and risk mitigation strategy

• Preliminary commercial and financial structuring

• Development team formation partner selection)

• Selection of other advisors

• Bid strategy and tender preparation

• Analysis of procurement strategy

• Commercial structuring

Services related to:• Financial modeling

• Optimizing financial structure

• Identification and selection of debt financing sources

• Equity valuation and funding strategy

• Debt and equity placement

• Project valuation (what the project is worth)

• Privatization and concession expertise

• Concession negotiation

• Project commercial and financial negotiations

• Transaction closing

Project Stages

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1. Preparation• Clarify and prioritize client and project objectives • Early assessment of project viability• Assemble support team (legal, technical, and

other resources) • Financial modeling• Identify value drivers • Selection of other advisors

2. Project Development• Development team formation including partner

identification and selection• Privatization and concession/public-private-

partnership expertise• Risk analysis and risk mitigation strategy,

including financial, regulatory, and other transaction risks

3. Project Structuring• Preliminary commercial and financial structuring• Bid strategy and tender preparation• Formulation of base, downside financial

scenarios and sensitivities • Analysis of procurement strategy• Optimizing commercial and financial structure • Managing and implementing risk

Project Stages (continued)

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4. Negotiations• Strategy formulation • Scenario analysis • Managing expectations• Concession / public-private-partnerships or other

master agreement negotiations and conclusion

5. Capital Sourcing• Funding strategy • Identification and selection of debt financing

sources• Select lenders and investors • Liaise with lenders, investment banks and rating

agencies • Term sheet discussions and negotiations • Equity valuation

6. Financial Implementation• Debt and equity placement• Financial documentation • Final negotiations • Troubleshooting • Transaction closing

Contents

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1 Who We Are

2 Sectors of Focus

3 Services

4 Clients

Team Bios

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Experience with clients around the world in both the private and public sector in projects including:

Global Cover and Infrastructure Experience

• Over 10,000 MW of independent power generation

• Over 1,500 miles of roads and motorways

• 4 major international container ports

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Sample Clients (not an exhaustive list)

International Relationships

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Additional relationships include those with leading international law firms specializing in these sectors and other consultants (insurance, tax, revenue and technical advisors) active in the subject sectors. These parties can be very valuable and instrumental in developing and establishing project viability and financing plans.

For more than 20 years our team members have worked as investment bankers, lenders and developers closely with global companies that are leaders in the US and international infrastructure domain.

Case Studies – Sample Transportation Deals

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Project State DOT

Corpus ChristiEuropass -

ETCNPA

Istrian Motorways

Highway 2000

Country US Texas - USA Austria / Italy South Africa Croatia Jamaica

Start of project 2006 2006 2003 2000 1997 1999

End project -- -- 2004 2004 2003 2005

Client type: State Government

Private Private Government Private Government

Project value (millions) confidential confidential Euro 750 Confidential $318 $1,200

Mr Nicolopoulos’ Role Team member -advisor

Deal co-leader / Financial advisor

Deal leader / Financial advisor

Deal leader / Lead

Negotiator

Deal leader / Financial advisor

Deal leader / Financial advisor- Bank team role

Type of projectConcession/

Concession / PPPConcession/

Concession Concession/PPPConcession/

PPP BOT BOT

Services included:

Optimal Financial Structure ���� ���� ���� ���� ���� ����

Preparing Evaluation Study ���� -- -- -- -- ����

Managing tender -- -- -- -- -- ����

Carrying out feasibility study -- -- -- -- -- ����

Determining investment requirements

���� ���� ���� ���� ���� ����

Concession negotiations -- ���� ���� ���� ���� ����

Structuring private sector financing

-- ���� ���� ���� ���� ����

Implementing marketing / finance plan

-- ���� ���� ���� ���� ����

Drafting information memorandum

-- ���� ���� -- ���� ����

Assisting financial closure -- -- ���� ���� ���� ����

Status of transaction On-going On-holdSuccessfully

closedCompleted Successfully closed Successfully closed

Contents

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1 Who We Are

2 Sectors of Focus

3 Services

4 Clients

Team Bios

Team Bios: Adam Nicolopoulos

Adam Nicolopoulos , President and Founder, ADN Capital Ventures, Inc.

Mr Nicolopoulos founded ADN in 2007 to deliver advisory services to private and public clients on the development, financing and implementation of transportation infrastructure, energy and related projects using the concession/PPP (public-private-partnership) or BOO/BOT (Build, Own and Operate/Transfer) as well as other models of delivery and implementation.

Prior to ADN, Adam spent well over 17 years with UBS Investment Banking Division (London, Zurich, New York and San Francisco) focusing on funding transportation infrastructure including roads, airports, ports and mass transit systems and energy/power generation assets. His clients included DOTs, government authorities, public bodies and private sector firms. In addition to UBS, Adam worked for NatWest Markets (presently known as RBS) from 1994 until 1997 in London as Associate Director leading the execution of international and UK project advisory mandates.

In the US he advised and worked on over 10 PPP-type and concession deals, including working with bidders on their tender for the Indiana Toll Road and Northwest Parkway, Indiana Toll-Road, Chicago Skyway and the development of two greenfield container port terminals in the Gulf of Mexico. His services included advising public authorities and government enterprises, including NJ DOT, on the application of suitable PPP models for their infrastructure sector.

On the private side, he has advised investors, international contractors and developers in structuring optimal financing solutions (bonds, bank debt and/or equity financing) and implementing selected financing. In 2003, his brought the first ever rated project bond to the market for a road project in Eastern Europe. He led the team that advised a number of governmental entities (including ministries of finance and transportation) on the application of PPPs and concessions across a wide range of economic sectors.

Mr. Nicolopoulos holds an MBA from Stern School of Business at NYU (graduated with honors on a full university scholarship), an MSc in Mechanical Engineering from the University of California, Berkeley (honors) and a BSc in the same field from Columbia University. Certifications include Series 7 and 63. He is a Visiting Scholar at Stanford University (since 2007 – present). He is a member of the International and the US Who-is-Who and he has had speaking engagements at over 20 national and international conferences on topics relating to PPPs and financial innovation.

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Lisa Amini , Chief Financial Officer and Vice President of Corporate Strategy, ADN Capital Ventures, Inc.

Ms. Amini has worked with ADN since its inception in 2007. In addition to managing ADN’s financial, tax, accounting, insurance and legal matters, she is integrally involved in developing corporate strategy and providing advice on management of corporate relationships, client mandates and projects.

Prior to working with ADN, Ms. Amini spent close to 10 years working in projecting financing first for Bechtel Enterprises in San Francisco and in London, and then as Director of Finance, in London for InterGen, a prominent international independent power project developer, owned by Bechtel andShell Oil at the time. While working with Bechtel Enterprises, Ms. Amini worked on the development and implementation of commercial and financial structures for a variety of large projects internationally, including infrastructure, power generation, oil and gas and mining and metals projects. During this time, she received a “special performance award ” for assisting a client in structuring and arranging a limited recourse financing for a novel aqua-farming project in Thailand. She also assessed the financial and economic feasibility of various projects, and advised a US government institution on the development of a financial model for the evaluation of independent power projects internationally.

While with InterGen, Ms. Amini, as Director of Finance in the Europe, Africa, Middle East and South West Asia regions, led efforts in the structuring and arranging of multimillion dollar project financings of independent power projects owned by InterGen, most notably the 775 MW gas-fired Coryton Power Project in the UK, the 770 gas-fired Rocksavage Power Project in the UK, and developing financing plans for InterGen’s successful bids for the 685 MW gas fired Sidi Krir Power Project in Egypt and 3 major power projects in Turkey. She also led efforts on the structuring, arranging and negotiating of the project financing for the successful closing the Sidi Krir project financing with local Egyptian and international banks.

From 1987 through 1990, Ms. Amini worked in highly leveraged transactions and corporate finance at Swiss Bank Corporation (now UBS) after completing the training program there, which she completed with “outstanding” performance evaluations.

She holds an MBA from UC Berkeley’s Haas School of Business, where she focused her studies on international finance, and she was awarded membership in the Beta Gamma Sigma National Business Honors Society upon graduation for her outstanding academic performance. She also holds a BA in Biology from UC Santa Barbara, where she graduated with “highest honors”.

Team Bios: Lisa Amini

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Michael Adda , Senior Advisor

Mr. Adda is Senior Advisor and resource to ADN Capital Ventures, is currently Managing Director of CFAS Ltd., Michael Adda was an investment banker with S. G. Warburg and SBC Warburg for 20 years, a Director for 10 years and Managing Director of S. G. Warburg & Co. (Netherlands Antilles) NV. Mr. Adda was Chairman of the Caribbean Trade Advisory Group for the British Government from 1992 to 1997 and Treasurer of the Caribbean Council, the Caribbean Foundation and the West India Committee from 1992 to 2000 since when he has continued to serve as Trustee.

Mr. Adda led numerous privatization teams in emerging markets and successfully concluded a number of high profile privatization mandates. After several years in the Warburg’s Corporate Finance department, in 1979 he joined the Warburg’s Overseas Advisory Division to work to work as financial advisor to governments in French speaking Africa including Zaire, Togo, Senegal, often with the African Development Bank. From 1983, he managed Warburg’s sovereign advisory work in state sector restructuring, privatisations and major project financings for the Governments of Curacao, Aruba, Jamaica, Guyana, Antigua and advised the British, Italian and Russian Governments on regional high profile debt and aid projects. He became a Director of CFAS Ltd. following its creation by Warburg to take over this business in 1995.

Mr. Adda was educated at Harrow, graduated from Cambridge University in Law, and qualified as a Chartered Accountant with Deloitte & Touche, specialising in computer audit and fraud investigations. He was seconded for two years to the Cabinet Mazars in Paris and later, for a year to Lazard Freres, Paris. He is fluent in French.

Team Bios: Michael Adda

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John Richter , Senior Advisor

Mr. Richter, Senior Advisor and resource to ADN Capital Ventures, is currently a Principal Instructor at the specialist financial modeling and project finance firm, Financial Mechanics. John has over 20 years experience in financial modeling and infrastructure finance.

Upon receiving his MBA in 1992, John joined Bechtel’s ownership and development group. In 1995 Bechtel co-founded InterGen, an independent power developer, and John transferred to the new company at its inception as a Director of Finance.

In 1999 John co-founded F1F9, a financial modeling services company that focused initially on training and soon grew to supporting organizations in numerous aspects of financial modeling. As well as co-developing F1F9’s approach to financial modeling, John was F1F9’s principal instructor and led the development of proprietary software used for checking models. With F1F9’s exit from financial modeling training, John transferred the F1F9 approach to Financial Mechanics, which has adapted it as the FAST standard –flexible, accurate, structured, and transparent.

John graduated from Princeton University in 1985 with a BSc in Mechanical and Aerospace Engineering and received his MBA from Harvard Business School in 1992. Prior to getting his MBA, John worked for Instron Corporation, a materials testing systems manufacturer, and for a venture capital firm in the United Kingdom.

Team Bios: John Richer

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Roberto A. Gutierrez III, Senior Advisor

Mr. Gutierrez has over fifteen (15) years of experience as a senior developer of civil transportation infrastructure projects in aviation, water and waste water, and surface transportation under Public-Private-Partnership (PPP) and non-recourse finance basis.

He has been involved in thirteen (13) aviation projects leading the business developing efforts and formulating and implementing revenue enhancing strategies to airports and air cargo concessions. Additionally, he has collaborated with the governments of the Republic of Costa Rica, the Mexican United States, and the Republic of Panama in the formulation of airport law, corresponding regulations, and the strategy and process to divest government aviation assets. Mr. Gutierrez has been the senior developer for air cargo concessions requiring the formulation of strategies to integrate the airport and corresponding air cargo operations within the region of influence of the airport and involve all stakeholders.

Mr. Gutierrez holds a Master in Business Administration with focus in Engineering Finance, Strategy and Policy, Institute of Technology and Higher Studies of Monterrey; a Bachelors degree in Civil Engineering, Santa Clara University. He is a founding member of the Aspen Institute US – Mexico Forum, Institute of Policy, Research and Implementation, Graduate School of Public Affairs, University of Colorado where he participated in the development of strategies based on commitments from private and public sector parties, financial institutions, multilaterals and developing banks to prepare and organize public sector assets in civil transportation infrastructure as PPP and concession contracts.

Team Bios: Roberto A. Gutierrez III

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Alexis Broadbent, Senior Advisor

Mr. Broadbent, Senior Advisor, currently based in London and resource to ADN Capital Ventures has over ten (10) years of experience in corporate and project advisory, structuring and finance of transportation infrastructure and renewable energy projects.

Prior to working with ADN Capital Ventures, Mr. Broadbent headed the project finance advisory team at Cascadia Capital, a regional investment banking firm active on the West Coast US focusing on renewable energy and clean technology. In 2011, Alexis secured $85m of commitments for development capital and project equity, in spite of challenging market conditions. He also advised on senior debt and tax exempt bond financings, as well as managing sale processes for operational project assets and companies. The strong relationships he holds with major institutional cleantech investors in the US and the EU allows him to successfully position opportunities outside traditional project investments, and to structure and complete capital raises within growth equity, venture capital.

Mr. Broadbent’s career in project finance started at Macquarie Bank in London in 1998, where he advised on PPP/PFI projects, focusing on transportation and social infrastructure. He has also worked in the industry, and led the finance team at Amey UK Plc that focused on transportation and education projects. Outside of the US and the UK, he has completed transactions in healthcare and energy within the EU and emerging markets.

Mr. Broadbent has strong financial modeling skills, and he led the financial modeling PFI team for Grant Thornton in Leeds, UK, where he advised public sector clients on the procurement of PFI projects, and the refinancings of existing assets.

LL.B. (English Law and French Law) University of Manchester and University of Burgundy, France September 1994 - July 1998.

Team Bios: Alexis Broadbent

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Adam J Potter, Associate Advisor

Mr. Potter joined ADN in 2012 and provides analytic service in the form of financial analysis, project management consulting, market research, and general due diligence. Having recently completed his Master’s at Stanford University’s Graduate School of Business as a Sloan Fellow, he is positioned to service a wide array of business needs with a focus of studies in Infrastructure and Real Estate Assets.

Prior to joining ADN, Adam was a Major in the United States Marine Corps specializing in civil-military affairs. His ten year career encompassed multiple combat tours in Iraq, Afghanistan and humanitarian missions across the Pacific. As such, he is experienced in developing or rehabilitating public works infrastructure and organizing public solutions that can be managed to the capacity of the local government and set the foundation to relieve distressed populations. In parallel to serving public needs, Adam was an intelligence officer in Special Operations units with profound experience in the due diligence of understanding organizations and developing plans to service their needs with timely and efficient delivery.

Adam Potter ‘s personal awards include two Bronze Stars, one Navy Marine Corps Commendation Medal, and three Navy Marine Corps Achievement Medals. He is also a Pat Tillman Military Scholar (2012) and National Security Education Scholar (2000). He speaks multiple dialects of Arabic as well as French.

Team Bios: Adam J Potter

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