NEW YORK, June 30 /PRNewswire/ -- Greentech Capital Advisors, LLC, the only dedicated alternative energy and cleantech focused investment bank, today formally launched the firm, announcing a unique and significant set of capabilities and senior professionals.

The firm's singular focus on the alternative energy space, a dynamic and expanding sector driven by climate change, fills the need for a pure-play advisory firm dedicated to alternative energy and cleantech companies.

Jeffrey A. McDermott, a 25-year banking veteran and former Joint Global Head of UBS Investment Banking and founder of Greentech Capital Advisors said, "For these companies to thrive, and for America to transition to a cleaner and more energy efficient economy, there is a need for a dedicated team of experienced bankers. Alternative energy and cleantech companies need bankers with deep industry knowledge, a wide array of product skills, and relationships with large industrial, power and utility companies who are the ultimate customers, strategic partners and consolidators for these companies. Our comprehensive expertise and unique composition of experts will help clients grow and succeed."

Richard L. Kauffman, Chief Executive Officer of Good Energies, Inc, a leading global investor in renewable energy and energy efficiency industries, said, "After many years, the renewable energy sector is finally growing up. The sector needs capital and good advice."

Greentech Capital Advisors offers clients a comprehensive set of capabilities across the project finance, private equity, and mergers and acquisitions markets, with a blue chip roster of partners with significant expertise in each of these areas:

-- Robert A. Schultz, Chief Operating Officer, with an over 20 year track

record of building and managing infrastructure. He is a former MD and

COO at Morgan Stanley Fund Services.

-- Timothy F. Vincent has joined to lead the firm's project finance

business. Prior to joining, he was at Goldman Sachs as a Managing

Director covering Infrastructure clients and previously he was a

Managing Director and Joint Head of Project Finance in North America for

BNP Paribas.

Vincent said, "Developers and investors in today's alternative energy sector are having difficulty navigating an unprecedented market disruption in the project finance debt markets. Greentech Capital Advisors is well-positioned to help clients secure cost- effective funding from a variety of sources to ensure the long-term viability of their projects."

-- Michael J.