Founder and Director
Mr. McAfee has been an entrepreneur, merchant banker, venture capitalist and farmer/dairyman for more than 25 years. Mr. McAfee is the principal of McAfee Capital, LLC, an investment firm. Mr. McAfee co-founded Aemetis, Inc. (AMTX) in 2005 and has served as its Chairman of the Board since February 2006. Mr. McAfee was appointed Chief Executive Officer of Aemetis, Inc. in February 2007. Since 1998, Mr. McAfee has been a principal of Berg McAfee Companies, an investment company. Since 2000, Mr. McAfee has been a principal of Cagan McAfee Capital Partners, LLC, through which Mr. McAfee has founded or acquired ten energy and technology companies. In 2003, Mr. McAfee co-founded Pacific Ethanol, Inc. (Nasdaq PEIX), a West Coast ethanol producer and marketer. Mr. McAfee received a BS in Management from Fresno State University in 1986. Mr. McAfee is a graduate of the Harvard Business School Private Equity and Venture Capital Program, and is a 1993 graduate of the Stanford Graduate School of Business Executive Program.
Mr. Powell joined the Nevo Energy Board of Directors in June of 2010. Mr. Powell acts as President and Chief Executive Officer of Solar Power Partners (SPP), a premier independent solar power producer, which helps businesses, institutions, and municipalities embrace solar energy. SPP develops, owns, and operates distributed solar energy facilities (SEFs) and sells solar-generated electricity through solar Power Purchase Agreements (PPA), long-term energy financing. SPP has over 40 completed projects totaling over 14 MW of commercial solar systems in operation. Mr. Powell oversees all operational, financial, and project development functions at Solar Power Partners (SPP). With a strong executive management background in finance and energy, Mr. Powell guides the strategies of the premier independent solar power producer. He works closely with management, partners, and investors to create opportunities for developing high quality, investment-grade solar energy systems. Mr. Powell was previously a Vice President and Chief Financial Officer of Pacific Gas and Electric Company, the utility division of PG&E, which provides gas and electric services to over 5 million customers in California. During his tenure as CFO of PG&E, the company completed both long and short-term financings in addition to executing power purchase contracts in the solar, wind, and biomass sectors. Prior to PG&E, Mr. Powell was a Partner in the national energy practice of PricewaterhouseCoopers LLP. At PriceWaterhouseCoopers, he advised clients on financial restructurings, Sarbanes-Oxley implementation, SEC reporting, and commodity trading strategies and controls. Mr. Powell was also previously a Partner in the worldwide energy and communications practice of Arthur Andersen LLP, where he managed numerous project financing transactions. He is a CPA and holds a BS in Electrical Engineering and an MS in Management, both from the Georgia Institute of Technology.
Interim President and Chief Financial Officer
Mr. McAfee has twenty years experience as a financial controller and executive with leadership roles in mergers and acquisitions, financial planning and analysis, project finance, operations, audit and enterprise system implementations. He recently served as CFO and then was promoted to CEO of Navitas Corporation, an energy company, which merged with publicly traded Pacific Asia Petroleum (PAP). In 2003 Mr. McAfee founded Park Capital Management, LLC, a fund that manages assets acquired through PIPE and private equity investments in technology and renewable energy companies. Mr. McAfee spent more than eleven years in significant corporate finance roles at Apple Computer in the Worldwide Financial Planning and Analysis, Sales, R&D and Operations divisions. Further, Mr. McAfee currently serves as Managing Member of Navitas Capital, LLC, a privately held investment holding company. Mr. McAfee currently serves as the President and Chairman of McAfee Charitable Ventures, a private non-profit charitable organization. Mr. McAfee is a Certified Management Accountant. He graduated with honors from California State University, Fresno with a BS in finance and real estate, and earned an MBA from the University of California, Irvine. He also completed the Harvard Business School Private Equity and Venture Capital Program.