Investment Professionals

The management team of New Energy Capital has a total of more than 40 years of experience in founding and managing renewable energy companies, evaluating energy markets and projects, consulting in all sectors of the energy marketplace, developing domestic and international power generation and Cleantech infrastructure facilities, financing energy and environmental projects, investing in renewable energy and distributed generation technologies, and creating and managing the public policies that currently shape the landscape for the renewable energy and distributed generation marketplace.


Scott Brown, CEO and Managing Partner, founded NEC in 2004 and has served as its CEO, overseeing all aspects of company formation, deal origination, execution and portfolio management. During the late 1990s and early 2000s, Scott consulted extensively with state agencies on renewable energy policy, with solar technology and module component companies on strategy and new business development, and with private equity firms on clean energy investments. Previously, Scott was President and CEO of Glasstech Solar, Inc., a manufacturer of semiconductor equipment for the photovoltaic industry. During Scott's tenure, Glasstech established several world records for thin film photovoltaic efficiency, and installed solar cell manufacturing equipment in six countries. In 1988, Scott joined Solar Cells, Inc. as the founding Executive Vice President. Solar Cells later became First Solar, one of the first thin film photovoltaic manufacturers in the U.S. and now the world's leading solar thin film manufacturer. Scott was a consultant with Bain & Company in the early 1980s. From 1998-2005, Scott was a member of the National Advisory Council of the National Renewable Energy Laboratory and is the founder of the Clean Development Group, Inc. Scott is a graduate of Dartmouth College (BA) and Harvard Law School (JD).


Curt Whittaker, Managing Partner, has spent 25 years in the renewable energy industry as legal counsel to developers, investors and lenders, working on landfill gas, wind, hydroelectric, and biomass development projects. Importantly, since 1985, Curt's work has almost exclusively focused on renewable energy plants; he is no recent convert from more conventional energy areas. Curt has worked with the NEC investment team since 2004, serving as lead counsel on all of NEC's investment activities related to biomass, bio-materials, hydroelectric, landfill gas, and wind development. Curt also acts as a senior partner and head of the Energy Practice at Rath, Young & Pignatelli in Concord, NH. Prior to working with Rath, Young, Mr. Whittaker was a member of the Energy Practice at Skadden, Arps, Slate, Meagher & Flom in Washington and Los Angeles. Curt's legal practice spans all aspects of the development and financing of renewable generation facilities in the United States and Canada, from site acquisition through EPC negotiations to construction and term financing. Curt has been at the forefront of developing the practice of monetizing federal tax credits for renewable energy projects, and he led the first monetization of credits for a biomass power generation facility in the U.S. Apart from his legal representation, Curt has successfully developed two hydropower facilities in Virginia, a landfill gas project in New Hampshire and, most recently, the Milford Wind Corridor project, a 200 MW (initial phase) wind project in Utah with partner First Wind, LLC (the project is described at (the project is described at www.milfordwind.com). NEC will exploit Curt's demonstrated greenfield development skills in structuring early stage investment opportunities, where appropriate. Curt holds a BA in Economics (Phi Beta Kappa) from the College of William & Mary and a JD (with Honors) from Harvard Law School.


Adam Bernstein, Managing Partner, is responsible for investment evaluation, structuring, and execution as a member of NEC's Investment Committee. Adam has worked on numerous energy transactions across PV solar, wind, woody biomass, CHP cogen, biodiesel, wastewater methane, CNG, landfill gas, fuel cells, and recycling. Adam was also selected by the Federal Department of Energy to independently review Energy Efficiency and Renewable Energy stimulus grant applications. Prior to joining NEC, Adam was a Senior Financial Analyst at FPL Energy (currently NextEra Energy), the largest renewable energy operator in North America. At FPL he managed valuation and project finance analysis on over 2,000 megawatts of power generation, including tax-equity and portfolio syndications. Before FPL, Adam was a salestrader with J.P. Morgan Securities, researching and executing equity, fixed income, and derivative transactions. Adam began his career at GE Capital Commercial Finance analyzing asset-based loans and securitizations and has worked on Goldman Sachs commodities trading desk. Adam is a CFA Charterholder and a graduate of the Tuck School of Business at Dartmouth (MBA), Thayer School of Engineering at Dartmouth (MS exp 2012), and Emory University (BBA). His research focuses on combining Bayesian statistical methods with real options valuation models to analyze renewable energy feasibility, and his work was recently published in Risk Analysis.


Bennett Collier, Vice President, is primarily responsible for portfolio asset management, as well as investment evaluation and execution. Prior to joining NEC, Bennett developed power assets at Terra-Gen Power, the #1 wind developer in the United States in 2011. At Terra-Gen, he managed activities including real estate acquisition, permitting, engineering, interconnection, and power marketing for multiple investments, including the 1,300 megawatt Alta Wind Energy Center in Kern County, California, as well as geothermal power projects in Nevada and California. Before his time with Terra-Gen, Bennett spent six years in the engineering and operations organizations at Pratt & Whitney as a project and design engineer for gas turbine hardware and a manufacturing supervisor managing assembly of multiple gas turbine engine families. He holds an MBA from the Tuck School of Business at Dartmouth, an MS in Mechanical Engineering from the Rensselaer Polytechnic Institute at Hartford, and a BS in Mechanical Engineering from Clarkson University.


Jeph Shaw, Associate, joined NEC in 2010 and is active in the firm's investment activities across the renewable energy and clean technology sectors. Prior to joining NEC, Jeph worked as an investment banking analyst at TM Capital Corporation. At TM Capital, Jeph contributed to numerous M&A transactions advising both buy-side and sell-side clients, and also executed restructuring, fairness opinion, valuation and strategic advisory assignments. Previously, Jeph worked as a financial analyst with Boston Corporate Finance, supporting M&A advisory engagements. Jeph is a graduate of Tufts University (BA) with majors in Economics (Cum Laude) and Philosophy (Cum Laude).


Joseph Dunfee, Associate, joined NEC in 2011 and is active throughout the investment process. Prior to joining NEC, Joseph was a Senior Analyst with Accenture Management Consulting where he worked on a number of engagements, including ANZís acquisition of RBS Asia and improving risk management for BHP Billiton. Previously, Joseph worked as an Associate at the West Group where he consulted on natural resource and infrastructure projects, including the potential acquisition of Rincon Lithium and assisted in the development of a dam and palm oil plantation for the Sultan of Brunei. Joseph holds a BA from Brown University, concentrating in Commerce, Organizations and Entrepreneurship.


Tawnya Stark, Office Administrator, manages New Energy Capitalís internal finance, human resources, and office administration. Previously, Tawnya worked for 10 years at Centurion Insurance Group as a commercial account manager, where she handled commercial policy applications, renewals, and policy audits. Tawnya has also worked as a marketing specialist for Millard Group, a New Hampshire marketing, list brokerage and list management company, and a client specialist for Granite Bank. Tawnya is a graduate of the University of Vermont (BA) where she earned multiple academic honors.