26 years Registered Licensed Financial Advisor |
18 years Petroleum and Commodities Trader & CEO
of Sunshine Energy & Commodities, Inc. |
6 years Corp Finance & Project Development
of Hydro Alternative Energy, Inc. |
7 years Founder, CEO/Chairman of Upower, Inc. |
Mr. Macias has seven (9) years of Renewable Energy Project experience. Is Chairman of the Board and the Chief Executive Officer of Upower Group, Inc. as of May 2013. Upower is a Renewable Energy Developer of Solar Projects Internationally focused on building Utility-Scale Solar Plants through Power Purchasing Agreements (PPA's) with Governments or National Electric Companies Worldwide. Upower signed via Upower Honduras a PPA with The Empresa Nacional de Energía Eléctrica (ENEE), the Honduran Government owned Electric Company on January 2014 to develop what became Latin America's Largest Photovoltaic Solar Power Plant to date, funded by The World Bank as Project 8404 as Upower Honduras for $232mm and fully operational on Honduras' west coast city of Nacaome. From October 2011 to December 2014, Mr. Macias was Senior Vice President of Corporate Finance and a shareholder of Hydro Alternative Energy, Inc., a Florida corporation specializing in the development of Hydroelectric and Hydrokinetic power generation with a Patented Ocean Turbine named “Oceanus”.
Additionally, Mr. Macias also has extensive management training experience and is a long-term veteran of the physical energy and commodities business, owning physical trading company Sunshine Energy & Commodities, Inc. over the past decade. Sunshine Energy & Commodities, Inc. is a Supplier, Marketer, Trader and Principal Owner of Petroleum-Based products including Crude Oils, Fuel Oils, various Distillates, and other Commodities worldwide. Our Business is in Trading Physical Bulk Cargos of Commodities. We are well-positioned in all aspects of Physical Commodities Global Energy Trading. This includes: Logistics of Vessels/Tankers and Leased Storage Tank Facilities to Supply at various Refineries/Producers, and a Network of Qualified Institutional Buying Entities and End Users Globally. Working Together, we have the availability and Know-How to buy and/or sell Petroleum-based products such as Crude Oil, Fuel Oils, and Other Distillates, in addition to select Metals and Minerals to and from any major ports in the U.S. and Internationally, for FOB, CFR, CIF, Ex-Tank deliveries for both Domestic use or for Export Internationally at other destinations. Through our long-established industry relationships, we buy directly and are registered and/or trade with several Major Producers, Refineries, and Industry Giant Clientele worldwide, including several globally recognized Trading Firms, allowing for institutional pricing for wholesale distribution.
Mr. Macias also brings over to twenty-six (26) years of Wall Street financial experience. Credentials include a successful career managing over $400,000,000 in Assets Under Management in the Financial Markets for over 3,500 Clients. Multi-Million Dollar Private Capital Raises and participation in Bringing Public over 154 Publicly Traded Companies since 1987. Mr. Macias was a registered and licensed brokerage Financial Advisor until 2013, retiring from the business as 75% Owner of a boutique investment bank and financial advisory brokerage firm Pacific Pearl Group and Pangaea Capital of Pasadena, CA and West Palm Beach, FL. Mr. Macias began his career in 1987 at Lehman Brothers top sales office, at 625 Madison Ave. learning under the mentorship of Martin Shafiroff in N.Y.C., ranked the #1 Wealth Advisor by Barron’s, with over $100 billion in assets under management. Mr. Macias simultaneously also worked in the Operations Department at that time for Shearson Lehman Hutton in their 14 Wall Street office from 1986 to 1990 learning back office while in training and part of the internal apprenticeship program at Lehman Bros. Mr. Macias served in various capacities as a Senior Vice President (“SVP”) of several different FINRA member broker dealer firms, after receiving his series 7 and 63 stock brokerage licenses initially in May 1990 at D.H. Blair & Co., and managed assets under management throughout his 26-year career as a Financial Advisor. Mr. Macias also held positions at several institutional and boutique brokerage firms including GKN Securities, Gruntal & Co., Sterling Financial Investment Group, and R.M. Stark & Co., Inc., all Financial Industry Regulatory Authority ("FINRA") member firms where he was involved with such firm’s private clients, private placement, and portfolio asset management activities. While at GKN Securities Corp. from September 1992 through August 1994 and again in the late 1990’s, Mr. Macias served as the top producing SVP and was instrumental in the initial launch, distribution, and capital raising efforts of new exchange traded investment securities such as SPACs (Special-Purpose Acquisition Companies), while heading the Mentor Program for the firm.
Through the encouragement of his late Father, Israel Izzy Macias, a Master Electrician responsible for the joy of millions of people, spearheading the efforts for 30 plus years at Rockefeller Center of Radio City Music Hall and its famous Christmas Tree Lighting, Mr. Macias was a recipient of the national 4-year full tuition Rockefeller Group Scholarship Program based on his academic achievements at Abraham Lincoln High School in Brooklyn, NY. Mr. Macias then graduated from Brooklyn College, a City University of New York, where during his attendance, ranked in the Top Ten as one of America’s Best Colleges by U.S. News & World Report receiving a Bachelor of Science in Business, Management, and Finance with a minor in Spanish in 1989. Mr. Macias is very active in various social and charitable activities with his Mother Irene as his inspiration as 15-year metastasized cancer survivor, who unfortunately passed away as well in 2016, yet continues organizing Breast Cancer Awareness events, hosting Pink Ribbon Parties, and a major contributor to No Small Affair, a charitable organization in which he is active in arranging for and chaperoning underprivileged children to football, baseball, and basketball games with the Miami Dolphins, Florida Marlins, and Miami Heat respectively.
Managing Director of RedRock Energy Ventures, Inc. |
Vice President of Strategic Alliances of American Capital Energy, Inc. |
Founder of Principal Solar, Inc. |
Investment Banker Renewable Energy Division, Morgan Stanley |
5 years Founder, President of Upower, Inc. |
Has Financed over 110 Photovoltaic Project in the U.S.A. |
Mr. Aizcorbe, age 68, A proven leader with 29 years as a Pioneer in the Solar Energy industry, known for his ability to produce successful outcomes in demanding situations. Having worked as a Strategic Consultant, Investment Banker, and Investor, this divested set of experiences have provided the ability to fuse operational strategy and corporate finance to maximize value creation. Has deployed in excess of 300MW of successful utility-scale Solar Projects to date. Mr. Jorge Aizcorbe served as a Vice President of Strategic Alliances at American Capital Energy, Inc. until March 2017. Mr. Aizcorbe is the Founder of Principal Solar, Inc., serving as well as Executive Vice President of Strategic Alliances at Principal Solar, Inc.. Mr. Aizcorbe was a lead Investment Banker in the Renewable Energy Division of Morgan Stanley, establishing a long-term alliance and rapport with global leader GCL of China and its Chairman Zhu Gongshan.
Mr. Aizcorbe has an entrepreneurial background of founding and growing companies. He has innate skills in negotiation, focusing on the individual across the table and leveraging knowledge and experience. He’s maintained working relationships for decades including participating in several Project Finance efforts for companies such as Chase Capital Partners, Bechtel Industries, Scotts Miracle Gro and Madison Dearborn Partners. Mr. Aizcorbe’s career began with W.R. Grace & Co. in Corporate Development and Merger & Acquisitions. Later on, Mr. Aizcorbe founded Solar Systems of Arizona, Kerry’s Bromeliads, Twyford Labs and fiber optic company Optreon. Mr. Aizcorbe has provided long-standing support of the Make-a-Wish Foundation and the Wildlife Conservation Network. Mr. Aizcorbe is a graduate the University of Miami.
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