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Board of Directors | Executive Officers

Del D. Hock
Mr. Hock is the retired chairman and CEO of Public Service Company of Colorado, now known as Xcel Energy Company, having been employed by that company for 34 years. Previously, Mr. Hock was employed by Arthur Young & Co. as a certified public accountant and by General Electric Company as an accountant. Mr. Hock is a graduate of the University of Colorado with a Bachelor of Science degree in accounting.

Michael P. Earnest
Mr. Earnest's bio can be found on the Executive Officers page.

Sarah Z. Wu
Ms. Wu is Vice President and head of J.P. Morgan Asset Management – Global Real Assets – Infrastructure Investments Group’s North America Asset Management group and has twenty years experience in global infrastructure investing and financing. She currently oversees four portfolio operating companies in the U.S. owned by institutional investors advised by J.P. Morgan Asset Management that are in the business of natural gas distribution, wind power generation and gas-fired power generation. During 2007 and 2008, Sarah also provided oversight to three UK portfolio operating companies in regulated utilities and wind power generation. Prior to joining J.P. Morgan in 2007, Sarah spent ten years at Credit Suisse based in New York. She lead-managed a large portfolio of non-recourse financing transactions in international power and transport sector, and executed many financing transactions for large regulated utility corporations. Prior to joining Credit Suisse, Sarah spent eight years with Parsons Brinckerhoff in their New York and Honolulu offices, where she conducted public-private-partnership analysis and provided financial feasibility studies for user-fee based transport facilities worldwide. Sarah is currently a member of the National Association of Corporate Directors and holds a Certificate of Director Education. A native of Shanghai, China, Sarah is a graduate of Manchester University in the U.K., and holds an M.S. degree in urban and regional planning from Columbia University.

Daniel J. Schuller
Mr. Schuller is Vice President of J.P. Morgan Asset Management – Global Real Assets - Infrastructure Investments Group and advises clients on the opportunities and risks associated with infrastructure investing. Dan also serves on the board of Southern Missouri Natural Gas, a portfolio operating company owned by institutional investors advised by J.P. Morgan Asset Management. Before joining J.P. Morgan, Dan was a manager with Mars & Co., an international management consulting firm, where he worked with Fortune 500 companies on assignments primarily related to revenue and profit growth and acquisitions/divestitures. Prior to that, he was a civil engineering instructor and graduate assistant at Purdue University and a civil engineer with Christopher B. Burke Engineering, Ltd. As an engineer, Dan focused on the design and construction of municipal infrastructure in the Chicago area. Dan holds B.S., M.S. and Ph.D. degrees in civil engineering from Purdue University, and is a member of the American Society of Civil Engineers.

Armando A. Pena
Mr. Peña spent his career (1971-2004) with American Electric Power (AEP), one of the largest electric utilities in the United States. He served as Senior Vice President - Financial Policy from 2003 until 2004 and was Treasurer of AEP and its subsidiary companies, including AEP Service Corp., from 1995 until 2003. Prior to being Treasurer, Mr. Peña had been promoted to Vice President - Finance in 1989, was elected assistant Vice President - Banking and Security Analyst Relations in 1982 and served as Assistant to the President in 1979. Mr. Peña joined the company in 1971 as a controllership staff analyst. Mr. Peña immigrated to the US with his family from Cuba in 1961. He received a BS in Industrial Engineering from the University of Miami in Florida in 1966 and an MS in Management from MIT in 1968. In addition, he completed the AEP Management Development Program at the University of Michigan.

James M. Anderson
Mr. Anderson is a senior vice president of Municipal Capital Markets Group, Inc. Mr. Anderson is the investment banker in charge of the Company’s investment banking account at Municipal Capital Markets Group, Inc. Mr. Anderson has been with Municipal Capital Markets Group, Inc. since 1996. Prior to that time, he was an investment banker with Sutro & Co. and Prudential Securities. Mr. Anderson was the CEO of Anderson DeMonbrun, Inc., a brokerage firm, before being acquired by Prudential Securities. Mr. Anderson has a Bachelor of Science degree in business administration from the University of Denver.

Robert F. Hill
Mr. Hill formed the Denver law firm of Hill and Robbins in 1978. Mr. Hill graduated from the University of the Colorado School of Law in 1970 where he was co-editor-in-chief of the Law Review. He serves on several boards for non-profit and charitable corporations. Mr. Hill joined as a member of the board for the Company in May, 2006.

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