NaturEner names new CEO and President, Announces departure of Company CEO and President

San Francisco, CA — San Francisco based NaturEner USA, LLC, and its subsidiary NaturEner Energy Canada, Inc, announced today that CEO and President José Maria Sánchez Seara has resigned effective immediately from his current positions; however, he will remain with the companies through the end of the year to ensure a successful and seamless transition to NaturEner USA’s new CEO, Walter Kamp and NaturEner USA’s new President, Jim Kutey.

Sánchez Seara formed NaturEner USA LLC and NaturEner Energy Canada Inc. in 2006, as wholly owned subsidiaries of Grupo NaturEner SA.  Under his leadership, NaturEner has developed and operated three wind farms in Montana, (making NaturEner the largest wind producer in the state), created and secured certification for two NERC certified Balancing Authorities and has taken the Wild Rose 1 and Wild Rose 2 wind farms in Alberta, Canada, to an advanced stage of development with recently approved permits from the Alberta Utilities Commission.  He leaves NaturEner USA well-positioned to capitalize on substantial near-term growth opportunities.

Sánchez Seara said, “It has been an enormous privilege to have led NaturEner USA & NaturEner Canada during an important period of growth and transformation. I am proud to have worked with remarkable colleagues who are committed to advancing responsible and renewable energy. The time is right for the companies to begin a new chapter and I am confident Walt and Jim are the right leaders to take NaturEner USA & NaturEner Canada to the next level.”

NaturEner USA named Walter Kamp as its new CEO and Jim Kutey as its new President. Both Kamp and Kutey currently serve as the CEO (Kamp) and Chief Development Officer (Kutey) for another Morgan Stanley owned wind energy subsidiary, Third Planet Windpower, LLC (TPW).

Walter Kamp, the incoming NaturEner CEO brings 30+ years of energy industry experience to the Company, with 17 of those years specializing in the Wind Energy industry.  Walt has been the CEO of Third Planet Windpower, LLC (TPW) for the last 7 years, and will retain his position and leadership role there going forward.  As CEO, he has a successful track record of leading a merchant wind platform with a focus on profitability and asset optimization.  Additionally, Walt has an extensive background in wind energy project development, engineering and construction, and operations from his time at TPW and FPL Energy.  By education, Walt has an engineering degree from the University of Miami and an MBA specializing in entrepreneurship.

Jim Kutey, a senior executive and incoming NaturEner President, brings over 30 years of energy industry experience to NaturEner with 16 years of direct wind industry experience.  His Third Planet Windpower and FPL Energy experience includes business strategy, project development, asset management, and O&M optimization.  As TPW’s Chief Development Officer for 7 years, he cultivated the technical and commercial development of its operating portfolio.  Jim’s early career experience includes nuclear engineering and operations, with R&D activities, for General Electric and Lockheed Martin supporting the US Navy’s submarine program. Jim holds engineering degrees from Rensselaer Polytechnic Institute (RPI) and an MBA from RPI’s Lally School of Management.

“Jose Maria has worked tirelessly to create and nurture this company. His diligence and hard work have led to many successes, I think I can speak for all of the NaturEner employees when I say that his tremendous presence will be missed.” Walter Kamp, NaturEner CEO said.

“Walt and I are very much looking forward to being a part of NaturEner’s bright future,” Jim Kutey, NaturEner President said. “Our industry leading knowledge and service capacity has positioned us to exceed the growing needs of consumers and other stakeholders of the companies.”

Sánchez Seara, Kamp, and Kutey will work together throughout the remainder of 2017 to ensure a seamless transition.

About the Company:

NaturEner USA and NaturEner Canada develop and operate utility-scale renewable projects in North America. Using advanced renewable integration solutions and leveraging ownership of strategic transmission positions, we unlock and optimize renewable generation. NaturEner owns and operates three wind farms in Montana (Rim Rock, Glacier Wind 1 and Glacier Wind 2), two NERC certified Balancing Authorities (Wind Watch and Power Watch), and the Canadian based Wild Rose 1 and Wild Rose 2 projects.