Huntington Beach, CA (PRWEB) June 25, 2010
Patrick S. Carter, Chief Executive Officer of California-based, renewable energy firm 808 Renewable Energy Corporation (808 Energy; http://www.808renewableenergy.com), is pleased to announce the addition of its newest team member, Capital Development Director and Board of Directors Member, Julio G. Macedo. Mr. Macedo brings to the firm – which started in 2006 as 808 Investments, LLC – more than 30 years of professional, hands-on experience in operating and owning companies.
Having bridged the gap between private and public sectors, through capital formation Mr. Macedo has implemented acquisitions via limited partnerships, joint-ventured syndications, private placement offerings, and institutional financing. Skilled in budgeting, projections, strategic business planning and implementation, Mr. Macedo is a seasoned business management executive with real business experience, which includes equity investment from both sides of the table: Doling out funds as an investment committee member, and receiving funds as a joint venture partner. He is Certified in Project Development, Construction Management, and Project Finance.
Mr. Macedo has spearheaded numerous planned-project developments ranging from the ground-up construction of master-planned business parks, to making use of city redevelopment funds for low-income housing and large shopping mall rehabilitation. Mr. Macedo has served several times in the capacity of President and Board Member for various for-profit and non-profit corporations, and currently serves on two non-profit/affordable housing Boards. He has also served in the U.S. Army National Guard.
“At 808 Energy, we’re building a team with active experience in the various facets of our business,” says Mr. Carter. “We believe that by acquiring knowledge- and experience-based team members, we are better able to serve and benefit both our investors and our clients at each project site. Better service, results in better returns for everyone involved, and of course, in a reduced impact on the environment.”
Mr. Macedo will be the primary capital development coordinator at 808 Energy, responsible for interfacing with the company’s project investors, and will also sit on the firm’s Board of Directors.
In addition to his new role with 808 Energy, Mr. Macedo is the founder and Managing Partner of Metro Energy Partners, which he created as a capital partner for “green energy” companies. Prior to joining 808 Energy, Mr. Macedo was the Managing Partner for a private real estate investment entity for commercial real estate properties. While maintaining his duties as a partner he also resided on the Board of Directors at Western Developments and Cantamar Housing, and is a Past President of both of these organizations.
Mr. Macedo’s past positions also include his service as Division President and Board Member for Security National Limited, the managing general partner for a number of real estate limited partnerships in Southern California. Mr. Macedo was also the President of MRW Development Corp. and American Home Properties. At MRW, Mr. Macedo was responsible for the company’s portfolio of office buildings, industrial parks and shopping center properties.
Mr. Macedo’s other past posts include that of President at Saguaro Diversified Projects, overseeing projects in Arizona, New Mexico and Texas. He also served as a Board Member of Saguaro Management Corp., an affiliate of Genstar Pacific.
Mr. Macedo has been a panel member at past International Council of Shopping Centers (ICSC) conferences, speaking as an expert in project financing. He has also been interviewed by the Phoenix Business Journal about his approach to equity partnerships and joint ventures, surrounding his commercial project developments in Arizona, New Mexico, and Texas. Mr. Macedo has also been listed in the Arizona Business Report for his joint venture approach, and has been featured in National Mall Monitor for his redevelopment work, giving shopping centers a second life.
Mr. Macedo is available for interviews and/or comment, as well as public speaking opportunities, as a project development, construction management, and project finance expert.
About 808 Renewable Energy Corporation
Headquartered in Huntington Beach, CA, 808 Renewable Energy bridges the gap between industry and investors with renewable energy cogeneration investment packages. 808 Renewable Energy’s primary focus is to provide and manage renewable “green energy” projects for manufacturing companies and other large facilities. This is accomplished by installing or acquiring for clients, cost-free cogeneration, solar and other renewable energy equipment, which lowers energy costs, reduces environmental emissions, and produces a smaller carbon footprint for everyone involved. 808 Renewable Energy’s current project, 808 Energy3, LLC is the largest owner of cogeneration units in the State of California.
808 Renewable Energy’s immediate goal is to acquire or build 100 new green energy power plants that utilize cogeneration and/or solar systems to produce electricity, heat, and/or chilled water, to be placed at moderately sized manufacturing, industrial, and office campus facilities around America. It is believed that this will provide a significant cost savings to each facility where a plant is placed. Major revenue drivers for 808 Renewable Energy are for the sales of generated electricity, heat, and/or chilled water. The Company’s expenses center around the purchase, installation, start-up, permitting, insurance, and maintenance of the renewable energy generation equipment, as well as the cost of raising capital.
808 Renewable Energy offers membership interests in their Energy Projects tailored to meet their primary focus of deriving maximum net income, obtained from cogeneration power and beneficial rebates, as well as significant tax incentives. Investor benefits include certain tax credits, relevant cash flow, and by helping America reduce its dependence on foreign oil, investors, in effect, help solve America’s energy problem. Each Project produces a base minimum return to investors; when usage rates are above the minimum agreed-upon baseline, investor returns increase, as well.
808 Renewable Energy has in place an engineering and maintenance staff capable of handling all design, permitting, maintenance, and upgrades necessary to ensure that their devices operate smoothly and efficiently. To that end, the Company has a depth of experience in the design, manufacture, and supply of state-of-the-art technologies in pollution control, energy, waste-to-energy, energy efficiency systems, and combined heat and power systems (cogeneration mechanical units).
For further information and updates on 808 Renewable Energy, its management team members, completed projects and services offered, please visit: http://www.808renewableenergy.com.
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