General Investing >> Analyst Interviews >> June 18, 2002

Charles Moret – The Clean Energy Fund

CHARLES MORET is Managing Director of Investments for the Clean Energy Fund at Connecticut Innovations, Inc. He is responsible for originating and managing investments in companies and projects that produce renewable energy, build consumer demand for green power and market clean-energy products and services. The emphasis of most of these activities on wind, wave and solar technologies. He has over 25 years of financing experience with all types of companies and entrepreneurs. Prior to joining Connecticut Innovations, Mr. Moret was Director of Special Finance at New England Bank and Executive Vice President at Business Lenders, a leader in US Small Business Administration lending. He was a Senior Vice President for Fleet Financial Group holding various management positions ranging from asset-based finance for Connecticut, national account management in commercial finance, an International Representative in Mexico City and Manager of Credit Administration. Prior to Fleet, he was an Export Finance Manager for Central National Corporation and a Credit Manager for Foreign Credit at Irving Trust Company. Mr. Moret serves on the board of directors of Solar Dynamics and Energetech, companies specializing in portable photovoltaic applications and wave energy respectfully, and also serves on the on the board of the Connecticut Energy and Power Society. He earned a Bachelors Degree in Marketing from Pace University, New York and a Masters of Business Administration in Finance from Fairleigh Dickinson University, New Jersey. His community activities include being a member of the Simsbury Board of Education, and past President of the St. Catherine of Siena parish council, board member of Chi Rho Catholic Service Corps and a coach for Little League and soccer. Profile
TWST: How did the Fund start and how is its management organized?

Mr. Moret: The Clean Energy Fund was enacted through the Electric

Restructuring Act of 1998 in Connecticut. We came into being