YUKSEL OKTAY

Yuksel Oktay brings over 40 years of experience in the international energy and construction sectors. He has been based in Turkey since 1995, and provides technical, advisory and in-country representative services to utilities and independent power producers interested in power projects in Turkey, including the identification, selection, development and financing of power projects, selection of joint venture partners and coordination with potential developers, advisors and government officials. He was heavily involved in introducing Covanta Energy to joint-venture opportunities with Turkish sponsors of independent power projects.

Up to July 1999, he was Country Manager, Turkey for Edison Mission Energy, responsible for business development activities there, including the preparation of country strategic plans. He participated in the development of Doga Enerji's Esenyurt 180MW CCGT Cogeneration Project and the management of the Doga Enerji office in Istanbul as General Manager for Doga Enerji. He was also responsible for the development of plans, budgets and schedules for new projects, arranging for development services from third parties, including engineering, permitting, insurance, legal, and accounting services.

He joined Edison Mission Energy in from the New York office of Raytheon E&C (formerly known as Ebasco Services Inc) in 1995 after a 30 year career with the company, involving a series of engineering and management roles with regard to major projects in the power generation sector, and was latterly Manager of the Department responsible for the technical and administrative direction of the preparation of Civil, Structural and Architectural engineering and designs for all projects at the company's Regional Offices.

He holds a B.S. degree in Engineering Science from Antioch College, Ohio, and M.S. degrees in Civil Engineering and Architectural Engineering from Colombia University, New York. He is fluent in both Turkish and English, and is resident in Istanbul.

Yuksel was a Founding member and First President of Society of Turkish American Engineers, Scientists and Architects, New York NY, and was a Founding member of the Project Management Institute, Istanbul, Turkey.