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Press Release

New York – February 28th, 2012

Announcing the formation of SunGen Capital Management, a state-of-the-art renewable energy finance and investment firm, which will provide capital and portfolio management for solar and energy efficiency markets.

SunGen Capital Management was designed and developed to create a platform that provides financing solutions and portfolio management for renewable energy and energy efficiency markets. We structure and originate leasing, lending and buy-out programs, using capital provided by SunGen Capital Management in partnership with our investors. The company is founded by Sakis Asteriadis, Steve Marcus and John Bowes who have extensive experience in finance, renewable energy and capital markets. SunGen Capital Management will utilize our collective depth of knowledge and experience to deliver superior returns for our investors.

Mr. Asteriadis has over 25 years of experience in the renewable energy and power markets. Most recently, Mr. Asteriadis was CEO at a renewable energy project developer, and Global Head of Environmental Markets at Phoenix Partners. Previously he was Managing Director at APX (NYSE Blue) where he created and supervised the Environmental Markets division.

Mr. Marcus has over 25 years of capital markets experience as a senior sales executive at several Wall Street firms. Most recently, Mr. Marcus was managing partner at NPM Capital, a fixed income hedge fund. Prior to NPM Capital, Mr. Marcus worked at JPMorgan where he was an Executive Director in their Structured Products Sales division.

Mr. Bowes is a senior executive in the financial services sector, with over 25 years of experience in creating and managing successful financial companies. Prior to founding Darien Rowayton Bank, Mr. Bowes was the founder and CEO of Lyon Credit Corp, a finance subsidiary of Credit Lyonnais. Mr. Bowes was also the CEO of Chrysler Capital Corporation, a $7 billion commercial finance company; a leader in utility scale energy financing.

Additional information about SunGen Capital Management is available at

Or contact:

Steve Marcus, SunGen Capital Management, 917-696-8997

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