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green solar finance

The Green Solar Finance team is lead by Kathy Marshall and David McGann and is comprised of professionals who average 25 years of experience in the finance and power sectors. Green Solar Finance draws upon a broad range of senior level relationships with strategic industry players, private and tax equity investors, financial institutions, developers, financial intermediaries and energy engineering and construction providers.  Our team offers Green Solar Finance partners extensive utility and commercial grade generation and financial expertise to ensure the operational and financial closing as well as the long term success of our projects.

The backgrounds and experience of the Green Solar Finance team, lead by Kathy Marshall and David McGann, are available below:

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kathleen marshall
managing director

Ms. Marshall has financed, developed and managed large scale and start-up power, financial, consumer, information and service businesses for over 25 years.   Prior to Green Solar Finance, Ms. Marshall developed and acted as CEO for several financial and power based companies including TritanStar, EnergyAxis and Sequas Corporation. Ms. Marshall began her career at The Chase Manhattan Bank where she developed and managed the Securitization, Structured Finance and Corporate Finance Advisory Groups.  In this capacity, Ms. Marshall served the largest clients of the bank including such clients as Sara Lee, Pepsico, Scott Paper, Unilever, W.R.Grace, RJR Nabisco, and GATX and successfully structured and closed over $5 billion in tax, lease, project and joint venture based transactions.  Ms. Marshall received her Bachelor of Science degree from Cornell University and an MBA from New York University's Stern School of Business.  Ms. Marshall is married for 24 years and is mother to twin teenage daughters.

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david mcgann
managing director

Mr. McGann brings over 24 years of finance experience as an investment banker and commercial real estate financial advisor.  Throughout his career, Mr. McGann has managed more than 200 advisory assignments and closed approximately 300 transactions representing over $7.7 billion in total financings.  He has assisted public, private and non-profit organizations in structuring and financing mergers, acquisitions, sales, divestitures, capital raising, joint ventures, restructurings, spin-offs and leverage buyouts.  Mr. McGann has worked with companies across a broad range of industries with depth in the renewable energy, real estate and healthcare sectors.  Prior to his commitment to the solar project finance sector, Mr. McGann worked in investment banking at PaineWebber Incorporated, Prudential Securities, Smith Barney and Dean Witter.  Mr. McGann received his Bachelor of Arts degree from Amherst College and completed a year abroad at Wadham College, Oxford University.  Mr. McGann has been married for 23 years and is the proud father of twin boys.

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alan hershowitz
director | chief information officer

Mr. Hershowitz is responsible for the financial and operational modeling and research for all energy strategies and projects for Green Solar Finance.  Mr. Hershowitz has 23 years experience as a business analyst, technologist, financial management developer, project manager, and strategist in the finance, power, entertainment and working capital management industries.  Prior to joining Green Solar Finance, he acted as CIO for several companies with Ms. Marshall including TritanStar, Stryden Energy, EnergyAxis, Sequas Corporation, and Digeserv. Mr. Hershowitz started his career at JPMorgan Chase where he provided data, liquidity and financial management, supply chain finance, business planning, modeling, operational improvement and other information technology services.  Mr. Hershowitz lives in Tuscon, Arizona with his wife.

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kenneth gibson
director | chief risk & research officer

Mr. Gibson is responsible for risk assessment and risk control strategies. Mr. Gibson began his business career at Bank of America in San Francisco with responsibilities in corporate banking, first in the Electronics Section, then in the Transportation and Utilities Section. During much of his 25 years at GATX Capital Corporation, Mr. Gibson was responsible for banking relationships (including cash management, lines of credit, commercial paper issuance and public debt), customer credit analysis and ongoing review, assessment of reserves for possible losses and contracts administration as well as risk management through insurance programs. During the time Mr. Gibson worked at GATX Capital, the company grew to manage its own and partnership lease portfolios aggregating in excess of $5.0 billion in book value. Direct involvement in the risk analysis and risk minimization of investments in geothermal and wind turbine power generation assets in the 1980s evolved into an abiding interest in green power solutions. Mr. Gibson has BA from the University of New Mexico and an MBA from Indiana University. He and his wife live in Oakland, California.

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bruce belliveau
director | business development

Mr. Belliveau has over 23 years of experience advising companies, as an investment banker or in a senior operating and financial executive capacity, on all aspects of strategic positioning and capital raising initiatives. Most recently, Mr. Belliveau was a Managing Director with Chrysalis Energy Partners, LLC, a strategic consulting firm offering services in the areas of renewable energy and energy efficiency markets. A native of Western Massachusetts, Mr. Belliveau began his career as a manufacturing engineer with Dow Chemical in Midland, MI before moving on to Wall Street where, as a senior investment banking professional he advised U.S., Europe, Middle East and Asia-based companies on all aspects of equity and debt financings, strategic positioning, and merger and acquisition analysis. As an investment banker, Mr. Belliveau completed 48 public equity offerings, 14 debt financings and 15 financial advisory assignments encompassing over 100 engaged client assignments. Following Wall Street he joined a former client, a leading international provider of shareholder response services, financial communications and business process outsourcing services, as an Executive Vice President and its Global Chief Financial Officer. While with this company he was instrumental in growing the company from approximately $40 million to over $200 million in revenue and extended operations to over 10 countries. More recently, Mr. Belliveau was the Chief Financial Officer of an international media company based in the Washington, DC metro areaMr. Belliveau has a Masters in International Public Policy with a concentration in Energy, Resources and the Environment from the School of Advanced International Studies (SAIS) at Johns Hopkins University, an MBA in Finance from Wharton and a BS degree in Chemical Engineering from the University of Massachusetts at Amherst. He has completed executive programs at Stanford and London Business School, among others, and is a Chartered Financial Analyst (CFA), Certified Management Accountant (CMA), Certified Internal Auditor (CIA), Certified in Financial Management (CFM) and a Certified Treasury Professional (CTP). Mr. Belliveau resides in Washington DC with his daughter Taylor.

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todd fyratt
business development

Mr. Fryatt recently help launch a solar energy merchant bank catering to the debt financing needs of the commercial solar energy market, including venture loan products designed for SRECs.  Prior to this Mr. Fryatt co-founded Estramina Capital, LLC, an investment vehicle in Greenwich, Connecticut that was formed to invest in distressed real estate and property tax liens. Before working in specialty finance, Mr. Fryatt practiced corporate law at Cohen & Gresser, LLP, where he worked on private equity/venture capital transactions, entity formation, credit agreements and corporate governance matters. Mr. Fryatt has counseled numerous privately held companies in industries such as technology (software and services), investment management, airlines and higher education. Mr. Fryatt is a cum laude graduate of the University of Michigan Law School and holds a B.A. from Middlebury College.

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eric miller
director | chief marketing officer

Mr. Miller oversees all communications and marketing efforts for Green Solar Finance.  Mr. Miller offers over 21 years experience in corporate communications, public relations and investor relations in the financial and legal services sector.  In addition to his responsibilities at Green Solar Finance, Mr. Miller is Senior Vice President, Corporate Communications in the Los Angeles Office of Financial Dynamics, a global business and financial communications consultancy.  Prior to his work with Financial Dynamics, Mr. Miller headed the Professional and Financial Services Practice at Weber Shandwick.  He was also Senior Director of Communications for Pillsbury Wintrop Shaw Pittman LLP, manager of all global media relations efforts for the law firm.  Mr. Miller began his career at the investor relations firm Financial Relations Board which was acquired by Bozell Sawyer Miller group.  Mr. Miller has provided national exposure for financial clients including Northern Trust, LPL Financial, HSBC, J.P. Morgan/Chase, Credit Suisse First Boston, UBS, Venrock Associates, Far East National Bank, EastWest Bank, Hanmi Bank, Cathay Bank and Banco Azteca.  His professional services clients have included Manett, Phelps & Phillips, Piper Rudnick, Mayer Brown, Microsoft and Allstate.  Mr. Miller attended U.S.C., the University of London and earned a Bachelor of Arts degree in English literature from St. Lawrence University.  He sits on the board of the Japan America Society as well as boards of several industry associations.  Mr. Miller has been married for 20 years and is the proud father of two daughters.

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joy green
director | chief administrative officer

Ms. Green is responsible for industry research in the renewable energy sector for Green Solar Finance.  Ms. Green shares over 23 years of business management experience in the services sector.  In addition, Ms. Green freelances as a successful Spanish to English translator and copy editor, and privately sells Spanish antiquities.  Prior to joining Green Solar Finance, Ms. Green freelanced as a copy editor for Doubleday, acted as COO of Acme Films, an independent film production company, COO of Morcon Enterprises, an agency placing independent contractors in computer programming for IBM, and Founder and COO of Metroproof, Inc., a translator, editor, copy editor and proofreader agency serving clients including the United Nations, Budweiser, and Doctors without Borders.  Prior to her COO positions, Ms. Green was Director of Human Resources at Metropolitan Proofreaders, Inc., the largest legal proofreading agency in New York City.  Ms. Green received her Bachelor of Arts degree from Amherst College, including a year at the University of Pennsylvania as a visiting student, and completed Masters course work in Spanish Peninsular Literature and Translation Studies at New York University.  She is fluent in Spanish.  Ms. Green is married with two children.

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kevin johnson
advisor

Mr. Johnson provides power industry business, development, engineering and operational expertise to Green Solar Finance.  Mr. Johnson has over 28 years of executive experience developing, operating and managing power fleets, profitability and operations.  Mr. Johnson has acted as COO, operations manager and business development manager for large power companies, investment funds and privately held entities.  Mr. Johnson has managed power entities across nuclear, coal, natural gas, and hydro in North America, Europe, Africa and Asia.  Mr. Johnson is recognized as a leader in complex distressed, restart, rebuild and development situations where achievement of steady state operations and profitability requires intensive, hands-on building across business planning, contract negotiation, business development, engineering and operations.  Mr. Johnson received a Bachelor of Science Degree in Chemical Engineering from the Towne School of Engineering at the University of Pennsylvania.  He is a member of the Project Management Institute, the American Nuclear Society, and has been active with EEI.  Mr. Johnson has co-authored and presented a number of papers on various aspects of business operations and performance improvement in the Energy industry.  He resides in Media, PA with his wife and two sons.

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jim may
advisor

Mr. May is a world-recognized leader in the silicon industry.  Based in Shanghai with more than 16 years experience conducting business in China, he is uniquely positioned to offer insight and access to the Chinese market. Mr. May is a metallurgical and materials engineer with over 30 years experience in the polysilicon, metallurgical silicon and ferroalloys industry. He was among the first developers of solar silicon technology and worked in silicon research, manufacturing and procurement at Dow Corning for over 20 years. Currently, Mr. May is Chairman and CEO of May Global Business Group as well as a principal of Lumen Solar LLC, a GSF strategic partner. He is also a “Top 2%” consultant at Gerson-Lehman Group.

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jim "kimo" storke
advisor

Mr. Storke has extensive business development experience in the power industry as the Managing Partner of KAS Consulting Group. He is responsible for one of the largest solar photovoltaic project finance joint ventures representing $1.5 billion and 120 megawatts of solar projects commissioned worldwide in 2011. Prior to founding KAS Consulting Group, Mr. Storke’s 24 years of business development experience includes Global Offering Manager at IBM and Regional Manager of Business Development at RSM McGladrey. Prior to his business development career, Mr. Storke served 6 years in the U.S. military with the 101st Airborne Division as a supervisor of aircraft electricians in the United States Army. He received multiple Army Achievement Medals. Mr. Storke is a graduate of Trinity Evangelical University in Deerfield, Illinois with a BA in communications. He lives in Austin, Texas with his wife and two daughters.

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edward levin
advisor

Mr. Levin brings extensive renewable energy industry relationships, experience and financial expertise to Green Solar Finance.  He is a finance professional with a broad ranging background in banking, project finance, tax equity and financing of renewable power projects.  He created many large solar finance programs for both commercial and residential solar development.  Mr. Levin also delivered project finance investment to landfill gas, wind development, waste-to-energy and geothermal projects.  In addition, he secured private equity growth capital for renewable project developers and renewable technology firms at critical stages in solar, wind, landfill gas and waste-to-energy sectors.  Mr. Levin received his J.D. from New York University School of Law and his B.S., summa cum laude, from Babson College.  Mr. Levin resides in Connecticut with his wife and children.

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noriko hirase
advisor

Ms. Hirase has extensive experience in Japanese American cross-cultural protocol as a business consultant and certified translator.  Prior to her consulting services, Ms. Hirase was with Mitsubishi Bank and successor Bank of Tokyo Mitsubushi, parent company of Union Bank of California, for nearly 25 years, where she served as the executive assistant to the chairman, primarily in charge of protocol matters.  Ms. Hirase is cofounder and President of HOME STAY PROJECT, a Japanese company providing opportunity for Japanese young people to experience the American way of life.  Ms. Hirase is on the Board of Directors of the Japan American Society and Nichi Bei Fujin Kai and a member of the Japanese American National Museum.  A native of Tokyo, Japan, Ms. Hirase is a graduate of the prestigious Gakushuin University, otherwise known as the Peers’ School.  Ms. Hirase resides in Los Angeles with her husband.