TORONTO, ONTARIO--(Marketwire - April 19, 2011) - Capstone Infrastructure Corporation (TSX:CSE)(TSX:CSE.DB.A) (the "Corporation") today announced the appointment of James Cowan to the Corporation's Board of Directors.
Mr. Cowan is a Managing Director of the Canadian operations of Macquarie Infrastructure and Real Assets, a division of Macquarie Group Limited ("Macquarie"). Since joining Macquarie in 2000, Mr. Cowan has advised clients and Macquarie-managed funds on a number of U.S., Canadian and U.K. transactions, including investments in the transportation, water and wastewater, and energy sectors, and has raised capital internationally for Macquarie-managed funds and co-investments. Prior to joining Macquarie, Mr. Cowan worked for TD Securities and Hambros Bank in the areas of government and infrastructure finance. He also worked for a number of years in a leading insolvency and restructuring practice, where he managed various assets and operating companies. Mr. Cowan holds a Bachelor of Arts from the University of Western Ontario and is a Chartered Accountant.
"We are delighted to welcome James as a member of the Board of Directors," said Derek Brown, Chairman of the Board of Directors. "With his considerable infrastructure and investment expertise, James will be a valuable addition to the Capstone Infrastructure team as we work to grow our portfolio and to deliver a superior return to our shareholders."
About Capstone Infrastructure Corporation
Capstone Infrastructure Corporation's mission is to build and responsibly manage a high quality portfolio of infrastructure businesses in Canada and internationally in order to deliver a superior total return to shareholders through a combination of stable dividends and capital appreciation. The Corporation's portfolio currently includes investments in gas cogeneration, wind, hydro and biomass power generating facilities, representing approximately 350 MW of installed capacity, and a 33.3% interest in a district heating business in Sweden. The Corporation is also currently developing a 20 MW solar power facility in Ontario. Please visit www.capstoneinfrastructure.com for more information.