News Column

United States : JOSH LEVINE becomes the New Chief Financial Officer of NTE ENERGY

August 5, 2014



NTE Energy, the US-based leading developer and provider of energy services, has made an announcement on the recent appointment of Josh Levine as the new Chief Financial Officer (CFO) of the company.

As part of the newly assigned job, the seasoned professional will be heading the company s financial planning and supervision activities, as well as management of capital structure and project financing operations.

Levine joins NTE Energy from Energy Management, Inc., where he was working as VP (Project Development) and was a member of the Project Finance Team, heading both debt and equity procedures plus due diligence activities for Cape Wind, an offshore wind energy project in Mass. As part of this assignment, he had also been involved in the development of renewable and natural gas-based power generation projects, comprising a combined cycle power project in Mass, with a capacity of 400-MW. Before this, Levine was one of the members of the project development team at American Renewables, working as a main developer on the country s biggest biomass facility, the Gainesville Renewable Energy Center, the Florida-based 100-MW biomass power plant that secured Project Finance s North American Biomass Deal of the Year 2011.

The industry veteran has earned the MBA and MEM degrees from Yale University, and he also holds an undergraduate degree in economics from Connecticut College. Levine s rich experience of over 15 years in project development and project finance space is expected to provide a huge fillip to NTE Energy. He has profound knowledge in financial, economic and development spaces and played several key roles in many major companies such as Tamarack Energy, Haley & Aldrich and Industrial Economics. Considering his accomplishments, Levine will be a huge value addition to NTE Energy without any doubt.

The President and CEO, NTE Energy, Seth Shortlidge stated, Josh s project development successes coupled with his project finance experience make him well suited to serve as NTE Energy s CFO.

He added, I m thrilled Josh has joined the NTE Energy leadership team. His guidance will be invaluable to NTE Energy s continued success.

On the new assignment, Levine commented, I m excited to work with a strong and passionate team that s focused on developing clean, reliable and efficient power. I look forward to helping lead NTE Energy s next phase of growth.

NTE Energy is focused on the acquisition of strategically located North American power production and transmission facilities. The company is now developing three projects, which are situated in West Texas, Southwest Ohio, and North Carolina. Moreover, the firm is in search of initial opening in numerous other places as well.


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Source: TendersInfo (India)


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