Starwood Energy Group

Stephens Ranch
SEIF II Investment, Located near south of Lubbock, Texas
Starwood Solar Sault Ste. Marie
SEIF I Investment, Located in Ontario, Canada
Berlin Station
SEIF I Investment, Located in Berlin New Hampshire
Berlin Station
SEIF I Investment, Located in Berlin, New Hampshire
Hudson Project
SEIF I Investment, Located in Ridgefield, New Jersey

Team

Chairman
Management Team
Professionals
Finance and Accounting
Investor Relations

The Starwood Energy team combines extensive specialized and sophisticated experience in acquiring, financing, developing and optimizing energy infrastructure assets.

Executive team is deeply experienced in energy and infrastructure investing with more than eight decades of combined experience in the power sector and approx. $7 billion in principal transactions.

Chairman

Barry S. Sternlicht, Chairman

Barry Sternlicht is Chairman of Starwood Energy Group, which he founded in 2005. Mr. Sternlicht is Chairman & Chief Executive Officer of Starwood Capital Group, the private investment firm he formed in 1991 that is focused on global real estate, hotel management, oil and gas, energy infrastructure and securities trading. He also serves as Chairman of Starwood Property Trust, the largest commercial mortgage REIT in the U.S. (NYSE: STWD); Starwood Waypoint Residential Trust (NYSE: SWAY), one of the largest publicly traded investors, owners and operators of single-family homes in the U.S.; TRI Pointe Homes (NYSE: TPH), one of the U.S.’s largest homebuilders.

For the past 23 years, Mr. Sternlicht has structured investments with an asset value of approximately $55 billion.

Starwood Capital’s funds have invested in approximately 71,000 multifamily/condo units, 2,200 hotels, 48 million square feet of office properties, 40 million square feet of retail and 49,000 lots of land in residential subdivisions. The Firm currently manages approximately $38 billion of assets on behalf of its high net worth and institutional partners. Starwood Capital encompasses approximately 580 employees, plus 470 employees in its loan servicing business. The Firm maintains offices in Greenwich (headquarters), Atlanta, San Francisco, Washington, D.C., Los Angeles, Chicago and Miami, and affiliated offices in London, Luxembourg, Paris, Frankfurt and Sao Paulo.

From 1995 through early 2005, Mr. Sternlicht was Chairman and CEO of Starwood Hotels & Resorts Worldwide (NYSE: HOT), a company he founded in 1995. During his tenure, he built Starwood Hotels into one of the leading hotel and leisure companies in the world, employing more than 120,000 people with 895 properties in 100 countries. Starwood Hotels is a fully integrated owner, operator and franchiser of hotels. Mr. Sternlicht created W Hotels, perhaps the world’s most successful “boutique” brand, and built the St. Regis Hotels brand from a single hotel to a global brand.

In 2013, Mr. Sternlicht was named the Most Important Person in Commercial Real Estate Finance by The Mortgage Observer. In 2010, Mr. Sternlicht was named Executive of the Year and Investor of the Year by Commercial Property Executive. Mr. Sternlicht was also named America’s Best Lodging CEO by Institutional Investor magazine. He is a member of the Interior Design Magazine Hall of Fame. He has received the Preston Robert Tisch Distinguished Industry Leadership Award from New York University, the CEO Diversity Award from Diversity Best Practices/Business Women’s Network, the Lifetime Achievement Award from the Association of Travel Marketing Executives, the Hospitality Heritage Award from the American Hotel and Lodging Association, and the Marketer of the Year Award from Brandweek. Mr. Sternlicht’s humanitarian efforts have garnered prestigious national honors such as JDRF’s Man of the Year, JDRF’s Living and Giving Award and JDRF’s Chairman’s Award.

Mr. Sternlicht is a trustee of his alma mater, Brown University. He is also on the Board of Directors of The Estée Lauder Companies, the Pension Real Estate Association (PREA) and the Real Estate Roundtable. Additionally, he serves as Chairman of the Board of The Robin Hood Foundation, and is on the board of the Dreamland Film & Performing Arts Center and the Executive Advisory Board of Americans for the Arts. He is a member of the World Presidents Organization and the Urban Land Institute.

Barry Sternlicht received his BA, magna cum laude, with honors from Brown University. He later earned an MBA with distinction from Harvard Business School.

Management Team

Himanshu Saxena, Chief Executive Officer

Himanshu Saxena is Chief Executive Officer of Starwood Energy and is responsible for supervision of the Firm’s investment program and strategy, as well as overall management of the Firm. Mr. Saxena sits on both the Investment Committee and the boards of portfolio companies. Mr. Saxena is also responsible for the development and management of the investment team. In addition, he maintains responsibilities for origination, structuring, execution, monitoring and exiting investments across the energy industry. Mr. Saxena has led the acquisition and development of numerous power generation and transmission projects in North America, with aggregate enterprise value of approximately $9 billion.

Prior to joining Starwood Energy in 2008, Mr. Saxena was an investment banker with JPMorgan’s global energy and utilities group, where he advised on more than $10 billion in transactions. Before that, Mr. Saxena worked at American Electric Power, where he focused on managing financial risks in the power trading business and on optimizing a power generation portfolio. Mr. Saxena was previously a Chemical Engineer at industrial gas company Praxair, where he filed for several patents.

Mr. Saxena currently serves on the Advisory Board at Cornell University’s Program in Infrastructure Policy (CPIP).

Mr. Saxena earned an MBA from Duke University, where he was a Fuqua Scholar, an M.S. in chemical engineering from Cornell University, and a Bachelor’s of Technology in chemical engineering from the Indian Institute of Technology (“IIT”) in Bombay, India.

Madison F. Grose, Vice Chairman, General Counsel and Senior Managing Director

Madison F. Grose is Vice Chairman, Co-General Counsel and Senior Managing Director of Starwood Capital, and is also the Vice Chairman, General Counsel and a Senior Managing Director of Starwood Energy, where he currently focuses most of his time. Mr. Grose previously served as a Trustee or Director of Starwood Hotels from 1994 until 2001, and as a Director of iStar Financial, Inc., from 1999 until 2003.

Mr. Grose led the structuring and underwriting for Starwood Energy’s first investment, Neptune, a 660 MW undersea power cable completed on time and under budget, which now connects the New Jersey and Long Island, New York power grids, providing upwards of 20% of Long Island’s power.

Prior to joining Starwood Capital in 1992, Mr. Grose was a Senior and Founding Partner with Pircher, Nichols & Meeks, a law firm specializing in complex real estate-related transactions.

Mr. Grose holds a B.A with distinction and highest departmental honors from Stanford University and a J.D. from UCLA School of Law, where he served as the Chief Comment Editor of the UCLA Law Review.

Professionals

Alex Daberko, Managing Director

Alex Daberko is a Managing Director of Starwood Energy Group. Since joining Starwood in 2007, he has played an active role in many of the firm’s M&A and development transactions, including conventional generation (Thermo Ft. Lupton, Starwood Power Midway, Richland-Stryker), solar (Starwood SSM), biomass (Gainesville Renewable Energy Center), and transmission (Neptune and Hudson). More recently, Mr. Daberko has led Starwood’s wind development efforts, successfully financing and constructing six projects totaling more than 1,100MW in four years. Mr. Daberko was also instrumental in the formation and financing of Compass Power in 2017.

Prior to Starwood, Mr. Daberko was a part of the Energy & Power Investment Banking team at Merrill Lynch where he specialized in commodity and commodity-linked transactions. Mr. Daberko holds an M.B.A. from Columbia University and a B.A. in Mathematics & Economics from Yale University.

Philipp Pletka, Managing Director

Philipp Pletka is a Managing Director of Starwood Energy Group and plays an active role in the firm’s investment activities. Mr. Pletka joined the firm from BlackRock’s Energy & Power private equity team where he played an active role in implementing the division’s growth strategy within BlackRock’s Real Assets direct investment platform. Prior to BlackRock, Mr. Pletka was a director at Quantum Energy Partners where his primary responsibilities included structuring and executing of capital deployments across all active funds focused in the power, midstream and upstream sectors. Mr. Pletka started his career in JPMorgan’s Natural Resources Investment Banking team. He has 17 years of experience in the energy space.

Jeffrey Delgado, Senior Vice President

Jeffrey Delgado is a Senior Vice President of Starwood Energy Group. In this role, he is responsible for the asset management of Starwood’s operating assets. In addition, Mr. Delgado supports acquisition, development and construction activities. Mr. Delgado has over 26 years of experience in operations and management of power and transmission projects.

Prior to joining Starwood Energy Group in 2015, Mr. Delgado was Director of Business Management with Caithness Energy where he was responsible for asset management and operations oversight of sixteen projects totaling over $3B. Mr. Delgado began his career at Con Edison where he held various operating positions at the utility’s power generation and substation facilities, and asset management and operations responsibility for its unregulated subsidiary’s PJM assets.

Mr. Delgado holds a Bachelor of Science in Mechanical Engineering from Polytechnic University and a Master of Business Administration degree in Finance and Investments from Baruch College’s Zicklin School of Business.

Ali Amirali, Senior Vice President

Ali Amirali is a Senior Vice President of Starwood Energy Group. In this role, he is responsible for the expansion of Starwood Energy Group’s StarTrans high-voltage transmission assets, as well as for new business/project opportunities in the transmission and distribution arena in North America. He also supports the origination, development and acquisition activities associated with utility-scale power generation and storage projects.

Prior to joining Starwood Energy Group in 2010, Mr. Amirali held a variety of key technical and leadership positions at Element Power, LS Power, Calpine Corp., California Independent Systems Operator and Pacific Gas and Electric Company. He has participated in the development and interconnection of more than 5,000 megawatts of electric generation in the Western U.S. and Mexico, and has developed and managed several large transmission line projects designed to improve reliability, reduce congestion, and deliver energy from thermal and renewable resources. Mr. Amirali received a B.S. degree in electrical engineering from the Iowa State University, an M.S. in electrical engineering from University of Idaho, a Master’s of Engineering in engineering management from the University of Colorado, and an MBA from Colorado State University. He is also a licensed Professional Engineer registered in the state of California.

Alex Raksin, Vice President

Alex Raksin is a Vice President of Starwood Energy Group. In this role, he is responsible for principal investing and asset management in the power sector.

Prior to joining Starwood in 2016, Mr. Raksin was an Associate Director at Borealis Infrastructure, where he focused on transactions involving gas-fired and renewable generation, regulated utilities and transportation. Prior to Borealis, Mr. Raksin was part of the infrastructure group at UBS Investment Bank, specializing in transportation and energy.

Mr. Raksin holds a B.S. in Economics with concentrations in Finance and Management from the Wharton School at the University of Pennsylvania.

Anik Gandhi, Vice President

Anik Gandhi is a Vice President for Starwood Energy Group. In this role, he is responsible for principal investing and asset management within the power sector.

Prior to joining Starwood Energy in 2014, Mr. Gandhi was an Associate in Goldman Sach’s Global Natural Resources Investment Banking group. At Goldman Mr. Gandhi focused on transactions involving regulated utilities, merchant generators, and conventional generation assets.

His responsibilities included creating and assessing operational and financial valuation models for potential merger and acquisition opportunities, analyzing potential impacts of market regulations on generation assets, developing and presenting client pitchbooks and investment marketing materials, and performing industry research and transaction due diligence.

Mr. Gandhi holds an MBA from New York University’s Stern School of Business and a Bachelor’s degree from Dartmouth College.

Cheng Chang, Vice President

Cheng Chang is a Vice President of Starwood Energy Group. In this role, he leads energy management, strategy and market analysis for Starwood’s energy portfolio. In addition, Mr. Chang supports due diligence, acquisition and development of investment opportunities.

Prior to joining Starwood Energy Group in 2017, Mr. Chang led the global commercial and development teams of Intergen where he was responsible for asset management, origination, structuring and operations oversight of eighteen gas, coal, wind, compression station and pipeline projects in Australia, Europe, Mexico and U.S. markets totaling over $4B.

Mr. Chang began his career at GDF Suez (now Engie) where he held various positions in strategic planning, M&A, finance, commercial and marketing, focusing on the deregulated power and gas markets in North America.

Mr. Chang is a graduate of Tsinghua University and Stanford University.

Anna Mayr, Vice President

Anna Mayr is a Vice President of Starwood Energy and is responsible for principal investing and asset management within the power sector. She was actively involved in the acquisitions of Dighton, Milford, Greenleaf and Lakeside Generation. She has also managed the ongoing development of the Delaney-Colorado River transmission line since 2015.

Prior to joining Starwood Energy Group in 2014, Ms. Mayr was an Investment Banking Analyst in Citigroup’s Global Power & Utilities group where she worked on renewable energy and merchant generation transactions.

Ms. Mayr holds a B.S in Finance from University of Maryland.

William Ouyang, Vice President

William Ouyang is a Vice President of Starwood Energy Group. In this role, he is responsible for principal investing and asset management in the power sector. He was actively involved in the acquisition and development of the Stephens Ranch I and II, Shannon, Horse Creek, Electra, and Northwest Ohio projects.

Prior to joining Starwood Energy in 2013, Mr. Ouyang was an Analyst in Citigroup’s Alternative Energy Finance group where he worked primarily on renewable energy transactions involving wind, solar PV, and solar CSP facilities.

Mr. Ouyang holds a B.S. in Economics, Statistics, and Business Administration from Carnegie Mellon University.

Martha Kammoun, Co-General Counsel

Martha Kammoun is Co-General Counsel of Starwood Energy Group. In this role, she works closely with the team and advises from a legal perspective on all aspects of the business, including acquisitions, financing transactions, development and asset management, and fund structuring and governance.

Ms. Kammoun joined Starwood Energy Group as deputy general counsel in 2015 from O’Melveny & Myers LLP, where her practice focused on financing transactions and mergers and acquisitions.

Ms. Kammoun holds an LL.M from Harvard Law School and an LL.B. from Saint-Joseph University.

Finance and Accounting

David Arbia, Chief Financial Officer

David Arbia is the CFO of Starwood Energy Group. In this role, he is responsible for financial reporting, tax compliance, cash management and financial diligence on prospective investments.

Prior to joining Starwood Energy in 2013, Mr. Arbia served as the Controller of Credit Suisse USA subsidiary Asset Management Finance LLC, where he oversaw an investment portfolio consisting of $700 million in assets. Before that, Mr. Arbia was an Audit Manager in the financial services division at Deloitte & Touche LLP.

Mr. Arbia received a B.S. degree with honors in accounting and finance from the State University of New York at New Paltz, where he graduated magna cum laude. He is also a Certified Public Accountant.

Diana DeVoe, Senior Portfolio Accountant

Diana DeVoe is a Senior Portfolio Accountant for Starwood Energy Group. Her responsibilities include financial reporting, tax compliance, and cash management.

Prior to joining Starwood Energy in 2007, Ms. DeVoe was an Assistant Controller for Dolce Hotels and Resorts where she managed accounting functions and facilitated the implementation of proper controls and procedures at the properties.

Ms. DeVoe received a B.S. in Finance with honors from Fairfield University.

Daniel Sack, Senior Portfolio Accountant

Daniel Sack is a Senior Portfolio Accountant at Starwood Energy Group. In this role, he supports the business’ financial reporting, tax compliance and cash management efforts.

Prior to joining Starwood Energy in 2015, Mr. Sack worked in the private equity fund accounting group at First Reserve Corp., where he was responsible for financial and tax reporting for several alternative investment vehicles. Before that, he served on the private equity partnership tax team at PricewaterhouseCoopers. Mr. Sack began his career in the portfolio management group at Alliance Bernstein L.P.

Mr. Sack, a Certified Public Accountant, holds a B.S. degree in finance from Sacred Heart University and an MBA in accounting from Fordham University.

Dylan Horowitz, Portfolio Accountant

Dylan Horowitz is a Portfolio Accountant at Starwood Energy Group. In this role, he supports the financial reporting, tax compliance and cash management efforts.

Prior to joining Starwood Energy Group in 2017, Mr. Horowitz was an Audit Senior Associate at PricewaterhouseCoopers, LLP, where he worked primarily within the Asset Management Alternative Investment practice.

Mr. Horowitz is a Certified Public Accountant and holds a B.S. degree in Accounting and Business Administration from Ithaca College.

Investor Relations

Olga Bruce, Investor Relations

Olga Bruce is responsible for investor relations, marketing, fundraising and public relations activities at Starwood Energy. Mrs. Bruce has over five years of experience in investor relations in Private Equity.

Prior to joining Starwood Energy in 2005, Mrs. Bruce worked in The Quantitative Analysis Group at Citigroup Asset Management. Mrs. Bruce holds a B.S. in Business Management from Albertus Magnus College and an MBA in Business Administration from Colorado State University.