Management

Hari achuthan

Chairman, president and ceo

Hari Achuthan is the Founder, Chairman and Chief Executive Officer of each of ACO Investment Group (ACO) Convalt Energy, Oxaio Networks and DigiCollect. ACO is the parent investment holding company of its portfolio companies including Convalt Energy, Oxaio Networks and DigiCollect. Convalt Energy founded by Hari Achuthan, is a developer and owner of renewable energy assets including solar, waste to power, wind, energy storage, power transmission and EV charging. Convalt is currently active in S.E Asia, India, Africa, and the United States. Convalt is currently planning to construct a solar panel manufacturing plant in Watertown, New York potentially making this plant the third largest solar module manufacturer in the United States.

DigiCollect, also founded by Hari Achuthan has built a fully digital ERP platform and proprietary applications for the power sector. These applications along with licensed patents from Oak Ridge National Labs and University of Tennessee provide the next generation smart grid technologies that are going to be absolutely critical for grid modernization and autonomous grid management with eventual switch to 100% renewable generation. Oxaio Networks is currently developing backbone ISP infrastructure in Myanmar and soon will be expanding its efforts in the United States and Africa with a core focus on quantum computing technologies.

Prior to founding ACO and Convalt, Hari was a Director at Credit Suisse Asset Management in the Alternative Investment group, where he covered hedge fund, real estate and private equity strategies. Prior to his role at Credit Suisse Asset Management, he worked at Credit Suisse Securities (USA) LLC, where he led the group’s global pension strategy and transition management business providing cross asset solutions for public and corporate pension funds, sovereign funds and insurance companies.

In 2009, Hari was selected as one of the emerging leaders at Credit Suisse Asset Management and named one of the “Rising Stars in Public Pensions” by Money Management Letter. During his tenure at Credit Suisse Securities (USA) LLC, the firm was consistently ranked as a top provider of pension strategies and transition management services. Hari has a B.S. in Applied Economics from Hofstra University and was a member of the Hofstra Football team from 1991 – 1994.

He has volunteered with the Jacksonville Police Athletic League and has been a frequent guest lecturer at Louisiana State University School of Business. Hari has also authored a series of papers on the transition management industry which have been published in Institutional Investor and Pensions & Investments.

Read more

SANJAY CHABLANEY

PARTNER & CHIEF FINANCIAL OFFICER

Sanjay Chablaney is a Partner of ACO Investment Group and joined Convalt Energy, inc as a Chief Financial Officer. Sanjay Chablaney has more than 20 years of experience working at top tier investment banks in trading ETF and index products especially in transformational sectors including Energy and Technology. Sanjay was most recently Head of ETF and Central Risk Book Trading at Bank of America Merrill Lynch (BofA) where he initially worked from 2005 - 2009 & re-joining from 2013 – 2021 where he was responsible for institutional market making and risk management across all ETF asset classes. Sanjay has traded Crude Oil and Natural Gas Futures and was instrumental in the launch of the first crude oil ETF, USO – United States Oil Fund.

Read more

Matthew Morris

Partner & Chief Operations Officer, usa

Matthew Morris is a Chief Operations Officer at Convalt Energy and Lincoln Infrastructure, both portfolio companies of ACO Investment Group where he is currently focused on development and operations including the buildout of potentially the second largest solar module manufacturer in the United States. Prior to joining Convalt Energy, Matthew was a United States Army Colonel with a distinguished 30-year career as a Logistics Officer. During his military career he conducted world-wide operations in Haiti, Panama, Europe, Republic of Korea, and five combat tours to the Horn of Africa, Iraq, and Afghanistan.

Read more

SCOTTIE INGRAM

OPERATING EXECUTIVE

Scottie Ingram is an Operating Executive at Convalt Energy and Lincoln Infrastructure, both portfolio companies of ACO Investment Group where he is currently focused on project development and operations including the buildout of potentially the second largest solar module manufacturer in the United States. Prior to joining Convalt Energy, Scottie retired from the U.S Military as an Army Command Sergeant Major with a distinguished 30-year career as a Logistics Non-Commissioned Officer.

Read more

Chris Korzonkiewicz

chief administration officer

Christopher Korzonkiewicz is the Chief Administrative Officer at ACO Investment Group and Convalt Energy. Prior to joining ACO, Chris was employed at TIG Advisors as a senior trader where he was responsible for the execution of equities, futures, derivatives, commodities, and foreign exchange. He collaborated and co-built a global centralized trading desk and co-designed portfolio software that was applied throughout the firm. Previously, Chris had worked at the New York Mercantile Exchange trading energy products where he managed an alpha generation strategy in energy futures. From 2006 to 2008, he was a global equity trader for Cotton Hall Asset Management. During the firm’s inception, he established and managed the operations and back office.

Read more

Thirumurthy Ramachandran

Operating executive, India

Thirumurthy Ramachandran, (Thiru) is the Managing Director of ACO Investment Group and the head of Convalt Energy’s India Operations.He has over 30 years of experience in the power sector of India. Previttously Thiru has served as a renewable energy sector advisor for Larsen & Toubro, one of the largest EPC firms in India. He has also sourced more than 15 solar transactions while working at Sterling & Wilson, a company owned by the Shapoorji Pallonji Group. Prior to that he has worked for companies such as Caterpillar, Detroit Diesel Corporation, Kohler Power Systems and Mitsubishi Heavy Industries. Throughout his career he has developed an extensive network across India in the power sector and has delivered power solutions for corporate and government entities. He is a member of the Institution of Engineers, Institution of Automobile Engineers and Society of Automotive Engineers. Thiru has published technical papers on topics such as diesel generator sets and solar power.

He has completed his Bachelor of Technology from MIT Chennai in Automobile Engineering and his Master’s Degree in Technology from IIT – Mumbai, specializing in I.C. Engines.

Read more

Wins tunnitisupawong

Operating executive, myanmar

Wins Tunnitisupawong is a Vice President of Business Development for South East Asia at ACO Investment Group and is a Director of Convalt Energy, a subsidiary of ACO’s portfolio company. Wins will be focusing on the business growth and strategies of Convalt Energy within Southeast Asia. Prior to joining ACO Investment Group, Wins held multiple management roles within the energy and electrical distribution sectors with the most recent as General Manager of Rexel Thailand. Initially starting his career through GE’s Commercial Leadership Program in 2002, he went on hold commercial and management positions at GE Industrial Systems, GE Energy, GE Supply and Rexel.Throughout his career Wins specialized in utilizing variable frequency drives, solar and LED lighting technologies to support utilities, architectural engineering firms, oil & gas companies and EPC companies, to maximize energy efficiency for their customers.

Read more

Jaswant Singh

Business Development, AUSTRALIA

Jaswant Singh is a Senior Vice President at ACO Investment Group He is also a Director and Corporate Secretary for ACO’s portfolio companies domiciled in Singapore namely: Convalt Energy, DigiCollect and Oxaio Networks. Jay has over 18 years of professional experience having held multiple management roles with experiences in Portfolio Management, Finance and Resource & Energy Markets. Initially starting his career as a Consultant within the superannuation and pension fund industry with WestPac Group – Asgard in 2003. From 2005-2017, He moved on to take on Commercial and Major Infrastructure Project Management roles with Citic $9.6 Billion Sino Iron project and managed sustaining capital PMO Portfolio for BHP Billiton Iron Ore. Jay has also been a Commercial Controller of one of the world’s largest natural gas project–$54 Billion Chevron Gorgon LNG and Thai National Oil Company – PTTEP in Australasia

He has also built an extensive network throughout his career with in-depth understanding of Transformational Technology Innovation, Major Infrastructure Projects and the Renewables Market Industry.

Jay holds a BCom in Accounting & Finance –Distinction in Finance Portfolio Management and Technologies from Curtin University – Australia. Additionally, He also holds a Professional Certificate in Project Management.

Read more

Nguyen trong nguyen

country representative, Vietnam

Mr. Nguyen Trong Nguyen (pronounced Win Win) has more than 35 years of professional experience in architectural design and planning, industrial design, social services, community development, mainstream politics, policy formulation, business strategy, real estate, infrastructure, aviation navigation, aviation infrastructure, renewable energy, high technology solution development, finance and investment project development of which 20 years are dedicated for the development of businesses and projects in Vietnam. Nguyen Nguyen is currently the Vietnam Representative for ACO Investment Group focused on development of renewable energy projects and “Smart City” infrastructure development via its portfolio companies Convalt Energy, Oxaio Networks and DigiCollect.

Nguyen Nguyen is also the Vietnam Representative of The MITRE Corporation, a non-profit corporation specializing in aviation technology and air traffic solutions. Since 2009, Nguyen Nguyen has been the Vietnam partner responsible for Asia operations at AIRIS International Holdings, LLC headquartered in Houston, Texas, a private corporation specializing in aviation infrastructure development. Nguyen Nguyen is also the founder of Anson Limited and Cando Co., Ltd. in Vietnam with business activities in trading, investment consulting service, real-estate, project development and government relations. Mr. Nguyen was the former Executive Officer of the Overseas Vietnamese Business Club (OVBC) with offices in Ho Chi Minh, Ha Noi, Can Tho and Vung Tau cities of Viet Nam, and is a member of the Business Association of Overseas Vietnamese / BAOOV with activities spanning globally. Nguyen Nguyen also served on the Board of Governors of the American Chamber of Commerce in Hanoi for the 2012 term.

Before returning to Viet Nam to live and work, Mr. Nguyen was the first appointed Vietnamese-American Commissioner on Community & Economic Development in the USA for the City & County of San Francisco and a Senior Consultant policy staff to the California State Senate as well as Director of several community-based organizations in the San Francisco Bay Area, California, USA.

Nguyen Nguyen is trained in architecture, industrial design, mental health and youth counseling at the University of California at Berkeley, San Francisco State University and Presbyterian Pacific Medical Center (Dr. Don Cohon) in San Francisco, USA respectively. He is fluent in English, Vietnamese and French.

Read more

Emmanuel yapo

Principal investment officer

Emmanuel Yapo joined Convalt Energy and its parent company ACO Investment Group as an Investment Principal. His main focus will be in deal structuring and origination. Emmanuel has been investing in infrastructure for more than 10 years. He worked at Macquarie Infrastructure and Real Assets Inc. (MIRA), Macquarie’s US infrastructure investment platform, and Macquarie Infrastructure Corporation (MIC), a NYSE-listed infrastructure fund focusing on transportation and energy infrastructure assets in the United States. He executed more than $1.5 billion of investments and $1.0 billion of leveraged recapitalization in the aviation infrastructure sector. He also served as Director of Corporate Development at MIC’s aviation infrastructure and airport services’ portfolio company.

Prior to Macquarie, he worked in financial planning and analysis at General Electric and auditing at Mazars Group. Emmanuel holds an MBA from the Wharton School and a MSc from ESCP Europe. Emmanuel graduated from General Electric’s Financial Management Program. Emmanuel also is a Senior Adviser to Aquamarine Investment Partners.

Read more

Advisors

Richard gephardt

Richard A. Gephardt is both an equity shareholder of Convalt and advisor of ACO. Mr. Gephardt is also President and CEO of Gephardt Government Affairs. He provides strategic advice to clients on issues before the House, Senate and Executive Branch in the federal government. Mr. Gephardt has brought successful resolution for clients on issues related to negotiations, crisis management, and strategic communications. He represents a broad array of Fortune 100 clients on Capitol Hill and before the Administration, in addition to serving as public spokesperson for clients on coalitions to bring about policy solutions to healthcare reform and climate change.Mr. Gephardt served for 28 years in the United States House of Representatives from 1976 to 2004. In his role as Leader, Mr. Gephardt emerged as one of the leading strategists of the Democratic Party’s platform and chief architect to landmark reforms ranging from healthcare, pensions, education, energy independence and trade policy. He was elected to serve as House Democratic Leader for more than 14 years, as House Majority Leader from 1989 to 1995 and Minority Leader from 1995 to 2003.

Mr. Gephardt was a colleague in the House to 49 currently serving U.S. Senators and members of the Executive Branch. He enjoys strong bipartisan relationships in the House of Representatives, serves as a trusted advisor to senior officials in the Administration and on Capitol Hill, and has counselled numerous CEOs during negotiations with labour. He has been featured in national publications, including The New York Times, The Wall Street Journal, The Washington Post, National Journal, Roll Call, The Hill and Time.

Read more

Bertil tuisanen

Bertil Tiusanen, a senior advisor at ACO is currently a Director General and CEO at Lanekassen, the Norwegian State Education Loan Fund in Oslo, Norway. Mr. Tiusanen also serves on the board of Respect Europe of Sweden AB that offers market-leading services and tools within sustainable development and climate, and in SIVA- The Industrial Development Corporation of Norway. Mr. Tiusanen is also Chairman of the Board in CBRE-Atrium a real estate services company in Norway.

Mr. Tiusanen was previously a board member at Statkraft, Europe’s largest renewable energy company, served as president and chief executive officer of Protegrity, Inc., a leading provider of privacy solutions and was previously acting president and chief executive officer of Vattenfall AB, the largest public utility in northern Europe, with assets of more than $10 billion.

From 1990 to 1992, he was senior vice president for finance and a member of the executive board at Procordia AB, a Swedish conglomerate. Before that he was executive vice president and CFO at Pharmacia AB, a leading pharmaceuticals and biotechnology firm. Mr. Tiusanen has served on the boards of several Swedish companies including serving on the board of JM AB, one of the largest construction companies in Sweden, and was previously chairman of JP-Bank.

He is a graduate of the Gothenburg School of Economics.

Read more

Harri koponen

Mr. Koponen is a sector advisor to ACO covering Information Technology, Telecom & Media. Mr. Koponen is a prominent Finnish business leader and an experienced management turn-around specialist with cutting edge experience in the telecommunications industry. He is currently working with Rovio Mobile looking after a physical part of the business at Rovio (Angry Birds), licensing, merchandising, public relations and retail operations. Mr. Koponen has served as the Chief Executive Officer and President of Tele2 AB from August 18, 2008 to February 18, 2010 and oversaw a period of increased focus on profitability. Mr. Koponen has also served as the Chief Executive Officer, President and General Manager of Wataniya Telecom in Kuwait (now National Mobile Telecommunications Co. (K.S.C.) from 2004 till 2008. Prior to his role at Wataniya Telecom, Mr. Koponen served as the President of TeliaSonera International Operations of Teliasonera AB since October 7, 2003 and served as the Chief Executive Officer and President of Sonera Corporation (former Telecom Finland) from October 1, 2001 to July 1, 2004. Mr. Koponen had also served as its Deputy Chief Executive Officer responsible for the Corporate Unit Marketing, Products and Services at TeliaSonera HQ.

Mr. Koponen held various positions at Hewlett-Packard from 1989 to 1994. Before that, he served as the Chief Planner and an Office Manager at Oy Shell Ab.

Mr. Koponen serves as the Chairman of Tecnotree Oyj, has been a Director of Tecnotree Oyj (formerly, Tecnomen Lifetree Oyj) since 2008 and a Director of Stonesoft Corp., since 2011. He is a member of the Board of AinaComm OyJ (one of the regional operator in Finland) and has been a Member of the Board of Supervisory Directors at Tele2 Netherlands Holding N.V. since May 29, 2009. Mr. Koponen served as a Director of Turkcell Iletisim Hizmetleri AS, as a Director of Sonera Corporation since October 1, 2001 and Digia Oyj since March 3, 2008. He holds an Executive Master of Business Administration degree and a Doctor of Economics h.c. from the University of Jyväskylä. Alexandra.

Read more

Madras ramachandran

Madras Seshmani Ramachandran is a senior advisor at ACO. Mr. Ramachandran is a former CEO and Chairman of Indian Oil Corporation Ltd (IOCL). He is a Mechanical Engineer by qualification and started his career in Ashok Leyland before joining IOCL as a Manager Trainee in 1969. He has handled diverse assignments during the career with IOCL including supply logistics, shipping, commercial, sales operations and international trade. He was the chief of the Oil Coordination Committee the de-facto Regulatory Body under the Ministry of Petroleum and Natural Gas during 1998 – 2000. He joined IOC’s Board in 2000 as Director Business Development and took over as CEO and Chairman in the year 2002.Mr. Ramachandran was also the Chairman of IOC’s Group Companies including Chennai Petroleum, Bongaigaon Refineries and Petrochemicals, IBP Company and also Indian Oil Tanking, a joint venture company with Oil Tanking of Germany. He was IOC’s nominee Director in ONGC, Lubrizol India Ltd, AVI Oil India Limited and Petronet LNG. He had played a key role in drafting the Hydro Carbon Vision 2025 and the Draft Regulatory Authority Bill and over saw the phased de regulation of the oil industry.

He is currently an independent Director in six companies including ICICI Bank Limited and he is a Member of the Advisory Panel of International Infrastructure Consultants. Mr. Ramachandran has received several awards including Chemtech Pharma Bio Hall of Fame Award in 2005 and National Institute of Industrial Engineers Lakshya Business Visionary Award in 2004. He was one of two finalists of Platts Global CEO of the Year Award in 2004, Foundation of Indian Industry & Economists Best Corporate Man of the Year in 2002. Mr. Ramachandran holds a Bachelor Degree in Mechanical Engineering. He attended Advanced Management Programmes in Ashridge Management College in England and Indian Institute of Management, Ahmedabad.

Read more

Technical Team

Carlos luis alberto jorquera

technical advisor

(Solar & Transmission)

Carlos Luis Alberto Jorquera is a senior consultant and executive in waiting (Head - Power Systems Engineering) at Convalt Energy. With over 25 years of experience in the field of electrical power systems including working for AFConsult, Fichtner, Black & Veatch, specializing in electrical plant design, power system studies, transmission planning, design of electrical power systems up to 500 kV and project management and quality assurance. During his career, Mr. Jorquera has been involved in power generation projects across Myanmar, Abu Dhabi, Al Ain, Argentina, Azerbaijan, Bahrain, Bolivia, Brunei Darussalam, Dubai, Indonesia, Japan, Kazakhstan, Lao PDR, Libya, Malaysia, Mongolia, Mozambique, Myanmar, Oman, Peru, Qatar, Republic of Georgia, Russia, Saudi Arabia, Senegal, Singapore, South Africa, South Korea, South Yemen, Sweden, Tajikistan, Thailand, Vietnam.

Read more

STEPHEN P. SHEA, PH.D.

Technical advisor

(Solar Manufacturing)

Dr. Shea is an alternative energy industry veteran. He has more than 40 years of experience in all aspects of photovoltaic device design, manufacturing, and deployment, covering the entire value-chain from feedstock to solar power plants, and a career-long interest in facilitating the movement of new technology from the lab to mass production. From 2003-2007 and since 2017 Dr. Shea has worked as a consultant to the PV industry recently as Technical Advisor to Convalt Energy, Inc. Dr. Shea’s work during 2003 – 2007 included spending six months as Visiting Senior Solar Energy Technologist at Xerox Palo Alto Research Center (PARC); design and installation of a PV cell factory in Cairo, Egypt; and screen print metallization materials development. R. Shea’s work since 2017 includes a solar-thermal module manufacturing start-up; a solar cell manufacturing facility design and an analysis of the impact of shadowing and module mis-match in a very large solar single-axis tracker field. He has also served as an expert witness in several legal proceedings involving intellectual property issues in the field of photovoltaics and has testified before the International Trade Commission. Before returning to consulting in 2017, he was most recently VP of Operations for Beamreach, a cell and module manufacturing start-up in San Jose CA. Prior to his position at Beamreach, Dr. Shea was a founding VP and Chief Engineering Officer of Suniva, a solar and cell manufacturing company based in Atlanta for over eight years. Starting in 1983, Dr. Shea worked for over twenty years at Solarex/BP Solar in various roles in R&D, Engineering and Technology management, finishing his career at BP Solar as Director of Technology for Crystalline Silicon PV. Dr. Shea is the author of more than 20 publications and several patents in the PV field. He began his career in thin film PV research at the University of Delaware where he received a Ph.D. in Applied Science (EE) and an M.E.E. He also holds both a B.S. in Engineering Science and a B.A. in English Literature from Swarthmore College.

Read more

Jaw seng aung tangbau

Jaw Seng Aung Tangbau joined Convalt in February of 2015. Mr. Tangbau is a graduate from Mohawk Valley Community College with a Civil Engineering degree. His work experience includes PSI Myanmar, Broadcasting Media and as a site engineer at Inzali Phyo Construction where he was exposed to construction and sales for condominiums. He is fluent in Kachin, English and Burmese.

Read more

htet myat htoo

Htet Myat Htoo is a Mechanical Engineer for Convalt Energy in Myanmar focused on operations and power production for Convalt Energy’s solar project in Mandalay Region. Htet is a graduate of Thanlyin Technological University with the Bachelor of Engineering in Mechanical. Engineering and completed a Diploma in Port Management from Myanmar Maritime University. Htet started his working career at MAX Power (NAVIGAT Energy) in Myanmar in 2013 as a Power plant operator. In 2014 Htet worked as a consultant for APR Energy in Kyaukse, Mandalay Region, Myanmar as a Field operator in the gas fired power plant. Htet’s experiences include Natural Gas power plant installation, maintenance, servicing of gas train and gas line, operation of gas engines, operations of Module Interface Panel, Module Control Panel, Technical Specifications of controls, Operating Materials, Technical Instruction, Wiring Diagram, Piping & Instrument diagram, Customer Documentation, Failure Checklist, Diane XT3 for gas engine, control panel for 11/33 kV.

Read more