March 15, 2016 - 9:00 AM EDT
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CORRECTING and REPLACING Forum Equity Partners Appoints Senior Industry Veteran Nikolas Novograd to Drive Renewable Energy Investment Strategy

  • Forum continues to drive focus in rapidly growing energy and renewables sector with new executive

Second paragraph, second sentence of release dated March 15, 2016 09:00 AM Eastern Daylight Time should read: Along with our recent investment in United Wind, this move advances our renewable energy investment strategy in the U.S.,” said Richard Abboud, founder and Chief Executive Officer of Forum Equity Partners. (Instead of: Along with our recent acquisition of United Wind, this move advances our renewable energy investment strategy in the U.S.,” said Richard Abboud, founder and Chief Executive Officer of Forum Equity Partners.).

The corrected release reads:

FORUM EQUITY PARTNERS APPOINTS SENIOR INDUSTRY VETERAN NIKOLAS NOVOGRAD TO DRIVE RENEWABLE ENERGY INVESTMENT STRATEGY

  • Forum continues to drive focus in rapidly growing energy and renewables sector with new executive

Forum Equity Partners has named seasoned industry veteran Nikolas Novograd as Principal, Energy and Renewables, to be based in San Francisco, California. In his role, Mr. Novograd will focus on new investment opportunities, furthering Forum Equity Partners’ commitment to the renewable energy industry in North America.

“We are delighted to have Nik join our team. With his excellent reputation, deep industry relationships and broad experience across development, project & corporate finance, tax equity and M&A, we expect Nik to be a key driver of our future success in the renewable energy sector. Along with our recent investment in United Wind, this move advances our renewable energy investment strategy in the U.S.,” said Richard Abboud, founder and Chief Executive Officer of Forum Equity Partners.

Mr. Novograd has held senior executive positions within the energy investment industry, where most recently he was Vice President, Origination at Renewable Energy Trust Capital, Inc. (“RETC”). Before joining RETC, he was a Director in Wells Fargo’s Renewable Energy and Environmental Finance Group, where he originated and structured tax equity investments in wind and solar power projects. Prior to Wells Fargo, he was Head of Finance at NextLight Renewable Power LLC, a solar power developer backed by Energy Capital Partners, which was sold to First Solar, Inc., where he was Vice President. Mr. Novograd began his career as a project finance banker, holding positions at MUFG, ABN AMRO Bank and GE Capital.

Mr. Novograd received an MBA in Finance from the University of Chicago’s Booth School of Business and a BA in Economics from the University of Connecticut.

About Forum Equity Partners

Forum Equity Partners is a privately owned alternative investment management and development firm with a focus on assets in renewable energy, infrastructure and real estate. Headquartered in Toronto, Ontario with offices in the U.S. and $1 billion in assets under management, Forum is committed to achieving aggressive growth through its investment in rapidly emerging new markets and industries with innovative, new investment approaches and programs.

For more information, please visit: http://www.forumequitypartners.com

Forum Equity Partners
Nicole Sale, 416-523-7461
Director, Marketing & Communications
nicoles@forumequitypartners.com


Source: Business Wire (March 15, 2016 - 9:00 AM EDT)

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