Greener Dawn

George Santana, CFA, Director of Research

George Santana is a six-time Institutional Investor ranked equity research analyst. For the past two years, George has covered the renewable energy and clean tech sectors, first for B. Riley & Co., then for Global Hunter Securities, two small-cap focused institutional brokerages and investment banks. Coverage included companies in the advanced batteries, biofuels, ocean power, and solar power industries, including Akeena Solar (NasdaqCM: AKNS), Altair Nanotechnologies (NasdaqCM: ALTI), Entech Solar (OTC BB: ENSL.OB: formerly WorldWater and Solar Tech), Ocean Power Technologies (NasdaqGM: OPTT), Real Goods Solar (NasdaqGM: RSOL), and Solar Power (OTC BB: SOPW.OB).

From 1999 to 2002, George covered business-to-business (B2B) e-commerce and enterprise software stocks for Los Angeles- based institutional brokerage and investment bank Wedbush Morgan Securities. Coverage included Ariba (NasdaqGS: ARBA), Commerce One, FreeMarkets, and Onvia (NasdaqCM: ONVI).

Prior to his work covering technology stocks, George covered Latin America for seven years. From 1993 to 1998, George covered Latin America-based cement and construction stocks for Merrill Lynch, including Cemex (NYSE: CX), Empresas ICA (NYSE: ICA), Grupo Tribasa, and Grupo Mexicano de Desarollo in Mexico, Cemento Argos and Cementos Paz del Río in Colombia, Cimento Itaú in Brazil, Cementos Lima in Peru, and Vencemos in Venezuela. From 1991 to 1993, he covered Latin America for institutional brokerage D. A. Campbell Company in a variety of industries including airlines, cement, construction, hotels and tourism, steel and aluminum production, and TV and radio broadcasting.

George was ranked for six consecutive years in the Institutional Investor poll of top analysts while at Merrill Lynch and D. A. Campbell Company.

Prior to his work covering Latin America, George was a credit analyst covering the high technology industry in the corporate lending group at Bank of America.

George received a B.A. in Quantitative Economics from Stanford University. He is a Chartered Financial Analyst (CFA) charterholder and holds the following series registrations: 7, 63, 86, 87.

Stephen Quirk, Senior Research Analyst

Steve's responsibilities include research coverage across the renewable energy sector including solar, wind, geothermal, biofuels, smart grid technology and energy efficiency. Steve has ten years of investment experience. He started his career in the Investment Banking division of Morgan Stanley in New York covering chemical and industrial companies, including DuPont, Dow and Schlumberger. He left New York to head up research at Alder Capital, a small-cap based hedge fund in San Diego, where he focused on both traditional and alternative energy. In his six years at Alder Capital, the firm grew to approximately $100 million in assets under management with compound annual returns of just under 20%.

Steve received a B.A. in Economics and a B.A. in History from the University of Virginia.

Donald J. Murray, Director of Investment Banking

Don is the Director of the Investment Banking Group. His background includes fifteen years of experience providing corporate finance advisory services, including private placements, mergers & acquisitions, PIPEs, reverse mergers/alternative public offerings, structured finance, portfolio investments, strategic consulting and IPOs for companies based in the U.S., China, Russia and Europe. Prior to joining Greener Dawn, Don served as Vice President with the Investment banking divisions of Global Hunter Securities and Pacific Ridge Capital where he executed equity and debt placements, PIPEs, reverse mergers, and advisory services for companies in the alternative energy, technology and health care sectors. Prior to that, Don was an Associate in the Investment Banking Group of OffRoad Capital, where he was responsible for executing private placements for early stage technology companies. Prior to OffRoad Capital, Don worked in Europe as a Portfolio Manager for KWFM AG (a consortium anchored by Lazard Freres & Cie), the fund manager of a publicly traded European Investment Fund, providing debt and equity funding for growth, acquisitions and recapitalizations.

Prior to entering the field of finance, Don served as an Intelligence Analyst in the U.S. Air Force. Don received an MBA in Finance and International Business from The Ohio State University and a BA in Management Studies from the University of Maryland.

Mehdi Hasan, Senior Associate

Mehdi Hasan is a Senior Associate with the Greener Dawn Investment Banking Group. Prior to joining Greener Dawn, Mehdi was a Senior Associate at PCG Asset Management's Clean Energy and Technology Fund ("CETF")'s direct and co-investment team. During his tenure at PCG, Mehdi focused on the identification, analysis, due diligence and selection of Clean Energy & Technology private equity and venture capital investments. Prior to joining PCG, Mehdi was an equity research associate with the Semiconductor team at JP Morgan in San Francisco where he covered small and mid cap semiconductor companies. Mehdi started his career as an electrical engineer at Cirrus Logic Inc. and later worked as a Senior Design Engineer at Intel Corporation.

Mehdi earned an MBA from The University of Chicago's Booth School of Business with concentrations in Analytical Finance and Accounting. He also has an M.S. and a B.S. in Electrical and Computer Engineering from The University of Texas at Austin.

Jesse Chang, Analyst

Jesse Chang is an Analyst with the Greener Dawn Investment Banking Group. As a member of the Investment Banking Group, Jesse prepares and aides in the development of financial models, investor presentations, company analysis and deal execution. Prior to joining Greener Dawn, Jesse interned as an Analyst with the investment banking group at Global Hunter Securities. During his tenure there, he gained diverse transaction experience working on a variety of deals such as PIPEs, Registered Offerings, Mergers & Acquisitions, Leveraged Finance, Reverses Mergers and US-China, Cross-Border transactions. Additionally, he is fluent in Mandarin Chinese.

Jesse graduated Cum Laude from Claremont McKenna College with a Bachelor of Arts in Economics and International Relations.