Washington DC Energy & Environmental Funders

Hosting Sponsor:
Andrews Kurth LLP

The Center for Economic and Environmental Partnership, Inc., will sponsor its next Washington, DC Energy & Environmental Funders’ meeting on Friday May 1, 2009.

Despite huge potential, wind turbines have never found a comfortable home on buildings and in cities. Now, that may be about to change.

AeroCity LLC (AWP) holds a 15 year license for a 1kW vertical axis wind turbine (VAWT) from Aerotecture International. This turbine was designed by University of Illinois professor William S. Becker and has received a great deal of television and other publicity. The license gives the Company exclusive rights to modify, manufacture, and sell the Aerotecture turbine in each state located on the East Coast of the U.S., the U.S. Virgin Islands, Puerto Rico, and Russia.

These turbines, which can be mounted either vertically or horizontally, are especially designed for installations on buildings and other urban structures. As an indication of their flexibility, one type of site being considered is underneath bridges.

In November 2008, AWP was awarded a $1mm product development grant by the New York State Energy Research and Development Authority (NYSERDA) to modify the Aerotecture turbine and build a commercially scalable VAWT.

AWP has partnered with several leading Universities to develop a best of breed VAWT focused on delivering value to building owners in urban environments through economical wind harvesting:

• Rensselaer Polytechnic Institute - Center for Future Energy Systems
  
• Rochester Institute of Technology - Center for Integrated Manufacturing
  

AWP is developing a dealer network leveraging existing solar PV dealers and other incumbent building equipment installers. Current traction includes a pipeline of over 10 interested dealers. AWP has also developed a 2kW VAWT Model: AWP2.0VAT, which is currently being marketed both directly and through its dealer relationships to building owners both commercial and governmental. The company has a pipeline of over 80 potential customers, and proposals out for over 100 turbines including NYS OGS and Westchester County Executive Offices.

AWP has applied for an additional $200,000 in funding from NYSERDA for business development funds and for $150,000 from National Renewable Energy Laboratories, DOE for additional wind tunnel testing and access.

Speaker: Russell M. Tencer, CEO, will describe the company's origin and the status of both the marketing and further technology development underway.

Sector Expert: TBA

Date: Friday, May 1, 2009
Time: 8:00 – 10:00 am
Place: Andrews Kurth LLP
1350 I Street, NW, Suite 1100
Washington, DC 20006
202-662-2700

Security: You will need to sign in, show a picture ID and tell the security personnel that you are attending CEEP's DC Energy & Environmental Funders meeting at Andrews Kurth LLP in Suite 1100. If you have not pre-registered, please call the receptionist at Andrews Kurth 202-662-2700, or Gelvin Stevenson at 917-599-6089.

Please note: The elevators and office open at 8:00am-not before. Seating is limited, so please register early so we know how many people will attend. Walk-ins are allowed, but advanced registration is strongly preferred. If you haven't registered, please bring your check made out to CEEP, Inc.

Nearest Metro stop: The building is between 13th and 14th Street. You can exit at McPherson Square and cross the street to the building or exit Metro Center on 13th Street (and G Street) and walk up to 13th and I, where you make a left and cross the street.

Cost: $50 if you pre-register.
Cash or checks (payable to CEEP) accepted. Must register or cancel by 4pm the previous day. No shows will be invoiced.
$60 if you pay at the door.
See below for Annual Registration opportunities and other important conditions.

Agenda:
8:00 to 8:20 – Networking with Members
8:30 to 9:00 – Presentation by Russell M. Tencer, CEO, AeroCity, LLC
9:00 to 9:30 – Company presentation by Sector Expert: TBA
9:30 to 10:00 – Discussion and Networking

Thank you, and we look forward to seeing you at the next DC Funders meeting.

If you have any questions about registration or need more information about the program, please contact Gelvin Stevenson at gelvin@optonline.net.

BIOGRAPHICAL SKETCHES:

Russell M. Tencer
Managing Partner

Russell has been advising family offices and institutional investors on alternative asset classes for 10 years. He began his career with NYSE member Stuart, Coleman & Company. After several years of creating his niche practice Russell joined Harmonic Research a New York based boutique investment bank where he served as Vice President, Head of Institutional Sales. At Harmonic, Russell managed a team of five investment advisors and over $500mm of institutional capital.

Prior to founding Tencer Solomon, Russell served as CEO of Parker Boston, an investment banking and consulting firm which focused on private placements and strategic advisory for privately held companies. At Parker Boston, Russell managed a team of ten investment and advisory professionals, was covered by Wired and Fortune Small Business/CNNMoney as one of their top ten ideas for 2007, and assisted in the raising of over $100mm for privately held companies.

Russell has engaged in entrepreneurial projects throughout his career, most notably he personally financed and designed two downtown restaurant/lounges Bauhaus, and Void which he then sold to private investors in 2004.

Russell studied architecture and design at the Fashion Institute of Technology in New York. He currently sits on the board of Classic Gems a Tencer Solomon client, and Complexions, a non-profit New York based contemporary dance company.

Advisory Board
Dave Berg, consultant, formerly Senior Policy Advisor, DOE's National Energy Policy Office
Mark Riedy, Andrews Kurth LLC
Ira Rubenstein, Center for Economic and Environmental Partnership, Inc.,
Scott Sklar, President, The Stella Group, Ltd.
David South, President, Technology & Market Solutions, LLC
Gelvin Stevenson, Ph.D., Center for Economic and Environmental Partnership, Inc.

DCE&EF Pricing Policy
1. Cost, with pre-registration up to 4pm the day before the meeting: $50.
2. No-shows will be invoiced.
3. Cancellations allowed until 4pm the day before the meeting.
4. Cost, with registration at the door the day of the meeting: $60.
5. All paid registrants will be emailed any information made available electronically for that meeting.
6. An Annual Registration for DCE&EF can be purchased for $400. It will provide admittance to all regularly scheduled meetings held during a 12-month period.
7. Annual registrants will be emailed any information made available electronically for any of the regularly scheduled meetings covered by their annual registration.

Formed in February 2004, DC Energy & Environmental Funders (DCE&EF) is a joint service of Investors Circle, the Energy & Environmental Capital Network (ECN), the Environmental Business Association of New York State, Inc. (EBA/NYS), Investors Circle and Cleantech Venture Network LLC (Cleantech). DCE&EF provides networking, information, and other services to investors interested in energy and environmental companies. DCE&EF activities are produced by the Center for Economic and Environmental Partnership, Inc. (CEEP) in furtherance of its educational mission.

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