CORRECTING and REPLACING Forum Equity Partners Appoints Senior Industry Veteran Nikolas Novograd to Drive Renewable Energy Investment Strategy
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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
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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
View source version on businesswire.com: http://www.businesswire.com/news/home/20160315005515/en/
Copyright Business Wire 2016
Source: Business Wire
(March 15, 2016 - 9:00 AM EDT)
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