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Peter de Vos Named Chairman and CEO of Tennessee Valley Infrastructure Group

Veteran Investment Banker Takes Reins at Leading Wind Power Firm

September 2009 - Tennessee Valley Infrastructure Group, Inc. (TVIG), among the nation's leading builders of wind power plants, today announced that it has named Peter de Vos as chairman and chief executive officer.  The announcement was made by TVIG's founder, Richard H. Ector, who previously served as chairman and chief executive officer.  Mr. Ector will remain the firm's president and chief operating officer. 

TVIG was founded in 1998 as a construction firm building small utility plants overseas, and now focuses on the construction and maintenance of wind farms in the U.S.  Today, TVIG is one of the top 10 balance of plant (BOP) general contractors for U.S. wind farm construction.  Last year, it built one of the largest wind farms in the US (Panther Creek I and II), and has been recognized for its work on the Steel Winds wind farm, which was named the Renewable Energy Project of the Year by Power Engineering Magazine. 

"I am delighted to announce that Peter de Vos will lead Tennessee Valley Infrastructure Group as our chairman and CEO," said Mr. Ector.  "I have known Peter since our days as roommates at the U.S. Naval Academy, where we earned engineering degrees and served in the Navy's nuclear power program.  He brings to us rigorous training as a nuclear engineer and more than 25 years of working on Wall Street. That unusual combination prepares him to lead a growing energy company." 

In accepting the position, Mr. de Vos said, "I am pleased to join Rick Ector and his team at TVIG, a company that is building a reputation for excellence in the wind energy field.  I feel that my prior experiences have prepared me well for this job, starting with my years in nuclear engineering, then working in investment banking and, finally, building a team at one of the world's biggest financial institutions.  I look forward to helping TVIG become a leading player in the construction and maintenance of wind farms in the U.S., thus furthering our country's pursuit of energy independence." 

Prior to joining TVIG, Mr. de Vos served for eight years as Head of U.S. Investment Banking for RBC Capital Markets, the corporate and investment banking arm of RBC, the world's 12th-largest bank by market capitalization.  At RBC, he oversaw the firm's investment banking businesses in the U.S., and built a team that was recognized by Investment Dealer's Digest as "Mid-Market Investment Bank of the Year" in 2009. 

Mr. de Vos joined RBC Capital Markets in 2001 upon the firm's acquisition of Minneapolis-based Dain Rauscher Wessels, where he had served as the head of investment banking and helped guide the firm through its acquisition by RBC. Formerly, Mr. de Vos was with Stephens, Inc., Alex. Brown & Sons and Morgan Stanley. 

Mr. de Vos graduated from the U.S. Naval Acedemy with merit, and joined the U.S. submarine service, where he was licensed by the Nuclear Regulatory Agency to run nuclear reactors.  He served aboard two submarines and also acted as the Washington, D.C.-based assignment officer for all nuclear-trained submarine officers. 

After leaving the Navy, Mr. de Vos attended the Stanford Graduate School of Business and graduated as an Arjay Miller Scholar.  Mr. de Vos serves on the board of the United States Navy Academy foundation and previously served on the Board of the Stanford Graduate School of Business Trust.