Gerald F. DeNotto gdenotto@gmail.com 847-666-8174 www.denottoadrservices.com MOUNT PROSPECT, IL Experience INDECK ENERGY SERVICES, INC., President Buffalo Grove, IL 2006 - October 2011 Private independent power producer - developer, owner & operator of 3,000 MWs of electric power generation projects on three continents utilizing a wide fuel base including natural gas, coal, biomass, wood pellets, hydro and heavy fuel oil. Employees: >100/4 states Annual Revenue: > $120 million Responsible for the day to day operations of the business including business development, power project site selection (greenfield and brownfield), negotiation, local permitting, zoning, air permit, EPC negotiation and drafting, finance (corporate and project), project and construction management, FERC, and operations of our plants. Repowered a biomass power plant. Developed and operated a wood pellet plant. Directed business development into wind, solar and biomass energy projects. Drove implementation of process-driven business methods, including stringent environmental compliance and reporting system for operating plants. Initiated Markets Analysis Team to determine future growth opportunities with a focus on gas-fired projects. Initiated general reorganization of company.Directed complete overhaul of website and marketing material. Championed open communication throughout company. Started Executive Committee for broader based business decisions. Created multi-faceted, small flat management team and gave them authority in return for accountability. Encouraged department managers to rationalize and delegate duties. Led company to embrace team oriented culture. Started several morale boosting programs. Created a greener work place. Net income increased 2009-2011. . INDECK ENERGY SERVICES, INC. – CAREER TRACK 1991-2006 Senior Vice President, General Counsel and Secretary General duties: Chief Legal Officer and Senior Executive. Additional duties: Board Member for several investments in energy, oil and gas, and engineering/technology businesses. Selected affiliate company positions (1992-2006): Indeck Power Equipment Co. – Seller/lessor of commercial boilers - General Counsel and Secretary (1992-2004). Indeck Capital Inc. – General Partner of Indeck North American Power Fund, $125 million energy industry fund - General Counsel (1994-2000). Forsythe Racing, Inc. – Professional race car team - General Counsel and Secretary (19922004). Indeck Operations, Inc. – Power Plant Operator - General Counsel and Secretary (1994 – 2006). MAJOR ACCOMPLISHMENTS Business Accomplishments prior to becoming President Chairman - Rockingham Motor Speedway, largest racing facility in the United Kingdom. Negotiated 18 month $38 million debt moratorium (principal and interest) with Bank of Scotland before selling it for a profit. 2004-2005. Lead negotiator for $100 million sale (25% interest) of Enfield Energy Centre 285 MW power plant in the United Kingdom - 2005. Managed sale of power plant in Guatemala - 2000. Managed acquisition of Tasman Motorsports, Ltd. - 1998. Created General Counsel position that managed over 80 entities. Legal Management Accomplishments Indeck-RGGI lawsuit - obtained amendment to New York’s Regional Greenhouse Gas Initiative - 2010. Managed construction claim recovery of £62 million (~$100 million) against EPC contractor/turbine manufacturer- 2000. $1 million dollar recovery against former company executive - 2007. $5 million recovery from county for power project zoning abuse -2005. $400 million sale of operating and development assets - 2001. $48 million and $12 million buy outs of power purchase agreements – 1994 & 1992. Multi-million dollar recovery from ex-employee of affiliate for theft of corporate opportunity. Settled $55 million IRS claim for 10% - 2003. Settled shareholder suit against majority shareholder and senior executives for no payment and recovered costs - 2000. $11.5 million dollar legal malpractice recovery - 1997. Settled inherited Bet Your Company litigation - 1994. Settled arbitration with Nigerian National Petroleum Company - 1993. COMPANY DIRECTOR EXPERIENCE In addition to my duties as General Counsel I was given the opportunity to manage many of Indeck Energy’s varied business interests. Public Companies – oil and gas exploration and production companies 1. Canext Oil & Gas Ltd., Canada: 2007 – 2010, Audit Committee. Toronto Stock Exchange (TSE)(sold) 2. Tasman Exploration Ltd., Canada: 2002- July 2007 Alberta Stock Exchange (merged into Canext) 3. Hornet Energy Ltd., Canada: 1998 – 2001, TSE and Montreal Stock Exchange (MSE) listed (sold 2001) 4. Alma Oil & Gas Ltd., Canada: 1996 – 1998, MSE listed, (merged into Hornet) Private Companies (Partial List) 1. Cosworth Ltd., United Kingdom: Global engineering and technology – January 2005 – 2011 2. Enfield Energy Centre Ltd., United Kingdom: 385 MW power plant – 1999 – 2005 (sold) Lead negotiator for sale of our 25% interest 3. Rockingham Motor Speedway Ltd., United Kingdom: Largest multi-purpose race track in the UK Director and/or Chairman – 2001 to December 2005 – Company Sold Sole negotiator for sale 2005 4. Big River Resources, LLC, West Burlington, IA – ethanol plant, 300 million gallon annual production – 2006-2007 Prior Experience COMMONWEALTH EDISON - ATTORNEY 1985 – 1991 Chicago, Illinois LAWFIRMS – ASSOCIATE Chicago and Winnetka, Illinois 1980 – 1985 ARBITRATION PARTY EXPERINCE United States – Power plant construction United States - Wood pellet plant construction United States - Contract United Kingdom - Construction Canada - Power Contract Nigeria – Steam plant construction EDUCATION 1980 Juris Doctor, Loyola University of Chicago 1976 BA History and Political Science with Honors, University of Illinois, Chicago PROFESSIONAL ENGAGEMENTS & ASSOCIATIONS Arbitrator – ABA Arbitrator Training Institute – Certified - June 2012 Mediator – Center for Conflict Resolution – Certified - May 2012 Conference Participation (Partial List) Panelist - Projects & Money, Biomass Market Outlook - January 2011 Speaker - Power-Gen International 2010 - Co-Firing Wood Pellets in Coal-Fired Plants December 2010 Panelist - Biomass Finance & Investment Summit - October 2010 Panelist - Projects & Money Summit, Infocast - January 2010 Expert Witness – Energy project purchase & sale contract litigation - 1998 ABA, Illinois Bar Association & Chicago Bar Association- Member Association of Attorney Mediators - Member Mediator - Cook County Major Civil Case Mediation Program Mediator - Cook County Chancery Mediation Program Lecturer: Law For The Layman – 1987-1991 Pro Bono – volunteer guardian – 2009 to present Admitted to Illinois Bar - 1980