Banco Popular de Puerto Rico

Peter T. Clarke joined the Morgan Guaranty Trust Company in 1977 as an institutional salesperson covering clients in the Midwest and Texas. In 1982 he moved to the underwriting desk which he headed from 1984 until 2009. He is now Vice Chairman of Public Finance. He has served on the Board of the Municipal Forum of New York, is a Past-President of the Municipal Bond Club of New York, and has served two terms on the Municipal Securities Rulemaking Board of which he was Chairman from 2009 through 2010. He is a 1974 graduate of the University of Virginia.

Steven Klein has worked for nearly 30 years in infrastructure finance, investment banking and the credit markets. Since the early ‘90’s he has served in a series of progressively more senior positions in three major participants in the financial guarantee industry, culminating in his work since 2000 as a co-founder of a new triple-A rated company, CIFG. While at those companies, Mr. Klein has served in senior business development, product development and as head of Global Infrastructure and governmental finance. Prior to his tenure at CIFG, Mr. Klein worked in senior management positions at Enhance Financial Guaranty (now Radian) and FGIC (owned by GE Capital at that time). Prior to his financial guaranty experience, Mr. Klein served as an investment banker at Donaldson, Lufkin and Jenrette (DLJ) as a senior banker in public finance, during which time he led several transactions totaling over $1 billion for various state and local governments. Early in his career, Mr. Klein helped build development finance institutions and bond authorities for over 15 state and local governments as a senior manager in Economic Innovation International, Inc., a small global economic development and development finance firm headquartered in Boston/Cambridge, MA. Mr. Klein received a J.D. from Boston University, a Masters in Public Administration from the John F. Kennedy School of Government at Harvard University and a B.A. from Haverford College.

Bob Helwig is the Deputy Director of Housing and Competitive Sourcing within the office of the Deputy Under Secretary of Defense for Installations and Environment.  He has been involved in the privatization of installation functions since 1996 when he joined the Department of Defense Housing Revitalization Office.  Since that time he has been engaged in privatizing both military housing and utilities. Bob has been involved in all aspects of privatization, including concept development, contract solicitation, deal structuring, portfolio management, and financial analysis.  His current responsibilities include development of policy and guidance, project analysis, program evaluation, military service oversight, budget scoring, and Congressional liaison.  Bob has Bachelor degrees in Political Science and French from the California State University at Long Beach; a Master’s degree in International Policy from the Monterey Institute of International Studies; and a Juris Doctor from George Washington University.  He is a member of both the Maryland and Washington, D.C. Bars.

Gary Krellenstein is nationally recognized in the infrastructure, energy finance and alternative energy fields, and is a frequent speaker on energy and finance issues. He has given numerous presentations to utilities, environmental groups, and energy and financial organizations He has also lectured and testified at Harvard University, the U.S. Congress (House Science and Technology Committee), Carnegie Mellon University, the Electric Power Research Institute (EPRI), the National Governors Association, the American Public Power Association (APPA), and the New York Academy of Science. For the past 16 years he has hosted and coordinated one of the premiere annual power and gas conferences in the nation for both utilities and investors. Gary is a Managing Director at Kroll Bond Ratings where he specializes in Public Finance and infrastructure analysis. Prior to coming to Kroll’s in 2011, he spent 11 years as a Managing Director and Investment Banker in J.P.Morgan’s Energy and Environmental Group - specializing in utilities, alternative energy technologies and project financing. Gary has also worked as the Director of Municipal Research at First Albany Corporation, a Senior Vice President at Lehman Brothers and a Vice president and Research Analyst at Merrill Lynch. He holds degrees in Nuclear Engineering and Computer Science, as well as an MBA from Cornell University, and started his career as a nuclear engineer and environmental/licensing analyst for the Envirosphere Company, the U.S. Department of Energy and the U.S. Nuclear Regulatory Commission.Prior to becoming an investment banker, Gary took top honors in the national polls of financial analysts conducted by Institutional Investor Magazine (1st team for 11 consecutive years). He has also been elected to All-American Research Teams (first place in the Utilities, Industrial Development and Pollution Control categories) by the Bond Buyer, Global Guaranty, and Smith’s Research and Rating Review. In addition, the National Federation of Municipal Analysts (NFMA) presented Mr. Krellenstein the “1998 Award for Excellence” for his work in credit research and analysis.He recently served on the Board of Directors of the Climate Response Fund, an NGO which focuses on technologies to address climate change; was a contributing author on two books on Public Finance; and taught the NFMA’s “Intro to Public Power” course for the past decade. Gary is also the former chairman of The Bond Marketing Association’s (now SIFMA*) Municipal Credit Committee as well as the former co-chairman of the NFMA’s “Best Practices” committee for utilities and also sat on the Advisory Committee for Public Utilities Fortnightly magazine. Mr. Krellenstein is a member of the Natural Resource Defense Council (NRDC), the Institute of Electrical and Electronics Engineers, the American Nuclear Society, the IEEE Power Engineering Society, the NYC Partnership Energy Task Force, and the American Association for the Advancement of Science.

Miriam Horn, a clean technology specialist, manages the smart grid initiative at Environmental Defense Fund. She is a project leader on Austin’s Pecan Street Project, which recently won a $10m stimulus grant for a fully integrated smart-grid demonstration in a green-built neighborhood; the project will combine advanced metering and communications with distributed generation (including coop-owned solar and building integrated PV), storage, plug-in hybrid cars, smart appliances, smart water and sophisticated consumer controls. Project goals include maximizing and monetizing the full suite of environmental benefits, and developing new business models and an open platform to maximize participation by entrepreneurs and innovators. With Environmental Defense Fund president Fred Krupp, Horn co-authored the New York Times bestseller Earth: The Sequel, The Race to Reinvent Energy and Stop Global Warming (Norton, 2008). Earth: The Sequel was chosen a “best book of the year” by Fast Company; a Discovery Channel documentary based on the book aired in March 2009. Horn is a frequent public speaker; recent appearances include the keynote at the Solartech-CALSEIA Inaugural Summit and talks at the United Nations, ABA, Monterey Institute for International Studies, New York University, University of Michigan Law School and Tsinghua University, Beijing. She was a panelist with deputy energy secretary Cathy Zoi at a recent New Enterprise Associates forum and was a finals judge for MIT’s 2009 Ignite Clean Energy (ICE) prize. Horn has worked for the U.S. Forest Service and written for numerous newspapers and magazines, including Vanity Fair, The New Republic, and the New York Times. She is the author of Rebels in White Gloves; Coming of Age with Hillary’s Class—Wellesley ’69 (Times Books, 1999). A graduate of Harvard University, Horn studied environmental science at Columbia University and lives in New York City with her husband and daughter.

Mr. Hill began his professional career as a financial analyst for SMUD (Sacramento Municipal Utility District) evaluating the financial and economic feasibility of the Rancho Seco Nuclear Power Plant in the mid-1980s. In addition to working for the Sacramento Municipal Utility District, Mr. Hill worked for the State of California in the Office of Energy Assessments to develop financing programs for the State’s facility energy efficiency upgrades.  Mr. Hill has worked as a financial advisor to California public agencies for over 21 years on projects as vast as amusement parks, community facilities, infrastructure and master planned development projects.  His finance work includes general obligation bonds, land-secured tax bonds, lease and tax increment financings as well as utility revenue bonds.  Since 2007 Mr. Hill has been developing the energy financing programs for school districts, cities and counties. Mr. Hill currently serves as financial advisor to over 50 different public agencies throughout California.  Mr. Hill is currently working with the Cities of Berkeley, Davis, Santa Cruz as well as the City and County of San Francisco to develop their solar financing programs.Prior to founding Northcross, Hill & Ach, Inc. in 2000, he started Project Finance Associates in 1995.Mr. Hill received B.S. degrees in Managerial Economics and Agricultural Economics from the University of California at Davis.

Mr. Fink joined Merrill Lynch in 2003 after managing the Public Power Group at Morgan Stanley. During his 24 years in municipal finance, Mr. Fink has represented many of the largest and most innovative municipal utilities and cooperatives, including CPS San Antonio, LIPA, American Municipal Power, the Oklahoma Municipal Power Authority, Santee Cooper, SRP,� MEAG Power, the Florida Municipal Power Agency, the Sacramento Municipal Utility District, LADWP, SCPPA, UAMPS, Austin Utilities, the Utility Board of Key West, Owensboro Municipal Utilities, the Lower Colorado River Authority, the Southern Minnesota Municipal Power Agency, the Omaha Public Power District, the New York Power Authority, Pedernales Electric Cooperative, Minnkota Power and the Illinois Municipal Electric Agency. Mr. Fink has also served as Financial Advisor to LIPA, Santee Cooper and the Gainesville Regional Utilities. Prior to his investment banking career, Mr. Fink was a practicing tax attorney for eight years at both Mudge Rose Guthrie Alexander & Ferdon and Milbank Tweed Hadley & McCloy. As such, he is intimately familiar with the legal and tax issues of municipal finance. Mr. Fink remains active and up-to-date on developments in the law of municipal taxation and is a member and frequent panelist for the National Association of Bond Lawyers (“NABL”) and the American Bar Association. Mr. Fink also chaired NABL’s first workshop on public power. Mr. Fink was recently named as the Florida Municipal Electric Association’s Associate Member of the Year for his work in public power.Mr. Fink is serving on the Large Public Power Council (“LPPC”) Finance Task Force on Nuclear Power and has testified in Department of Energy Hearings on behalf of LPPC. LPPC is a Washington D.C. based lobbying organization set up by many of the nation’s largest municipal utilities.Mr. Fink received his B.A. from the State University of New York at Albany, his J.D. from the State University of New York at Buffalo (with a concentration in state and local government law) and his LL.M. in Taxation from New York University School of Law.

Peter V. Murphy is a senior director at Standard & Poor’s Ratings Services, having joined Standard & Poor’s in 1993 as a public finance ratings analyst. He is currently the public power ratings group leader and spokesperson.   Peter joined He has extensive credit experience in assessing the credit quality of public power, cooperatives, infrastructure, and state and local government bonds. He has covered several major issuers, including Los Angeles Department of Water and Power, Seattle City Light, WA, Colorado Springs Utilities, Southern California Public Power Authority, Seattle, WA, Orlando, FL, Memphis Light Gas & Water TN, Huntsville, AL, and Chugach Electric Association.  Peter has published dozens of articles covering the public power sector, including those on industry trends, criteria, renewable energy.Peter holds a B.S. and M.B.A. degrees from Fordham University.  He is also a member of the American Public Power Association, and the Municipal Analysts Group of New York.

Jim Hoecker is Senior Counsel to Husch Blackwell Sanders in Washington, D.C., where he focuses his practice on emerging markets in the wholesale electric and natural gas areas. He is also a Principal at Hoecker Energy Law & Policy, PLLC (HELP), a law and public policy firm that assists energy providers, customers, and policymakers with electric power, natural gas transportation, and related regulatory, environmental, and climate change matters. He also represents a major national non-profit trade association that advocates increased investment in electric transmission infrastructure. Dr. Hoecker works with electric utilities, utility investors, transmission companies, renewable energy firms, and gas and oil pipelines on regulatory and transactional matters in North America. Prior to rejoining private practice, Dr. Hoecker served as Chairman of the Federal Energy Regulatory Commission, from 1997-2001 during the Clinton Administration and before that, as a FERC Commissioner for four years. As Chairman, he was responsible for instituting regional transmission organizations to administer the bulk electric power system and streamlining regulatory processes. Dr. Hoecker has practiced energy law for 31 years and speaks and publishes widely on energy and infrastructure issues. He holds advanced degrees from the University of Wisconsin and the University of Kentucky. For more information: see www.helppllc.com and www.huschblackwell.com.