Belizario Gutierrez, MsF

Trina ISBU, a business unit of Trina Solar, is a utility-scale global solar power and battery storage solutions developer for international market. Trina ISBU is committed to be a global leader in the development and management of smart renewable energy solutions, and creating value for local stake holders and international investors. Trina ISBU LATAM has 871 MW under development phase and 237MW under costruction phase. - Manage treasury, accounting, tax functions and cost controlling for LATAM. - Report to head quarter (Spain and China) monthly status of projects under development and under construction. - Lead LATAM’s cash flow projection, cash requirements and local bank relation. - Manage guarantees required for Assets Selling, EPC/O&M Agreements, PPA Agreements and Interconnection to grid system. - Negotiate SPA (purchase and selling), EPC and O&M Agreements together with Legal, M&A and Operation areas. - Manage together with Trading Energy / M&A areas the negotiation of new PPA agreements. - Negotiate Loan Agreements with banks (project finance or corporate finance) for new solar projects.

Tozzi is an Italian corporation focus in the supply, on EPC basis, of power plants based on both fossil and renewable sources. In LATAM area (Mexico, Colombia, Chile and Brazil), TOZZI subscribed contracts for Solar Power Balance of Plant Facility Engineering, Procurement and Construction of 2,337 MW (Contracts Revenues of U$ 304 Million). • Provides leadership for monitoring current EPC’s projects situation and expected results. • Direct and oversee all aspects of the accounting functions according to Tozzi´s standards. • Take hands-on lead position of implementing and forecasting a cash flow position. • Manage processes for financial forecasting, consolidation and reporting to headquarters. • Ensure compliance with all fiscal and tax duties in LATAM area. • Manage financial institutions to provide working capital needs. • Lead the preparation of annual budgets and monthly follow-up.

LAREIF is comprised of seven power generation companies for the interconnected system (PNDC & PDC). LAREIF has eight hydroelectric projects in operation (150MW) and two projects under construction (20MW each). The projects jointly sell US $ 53 million annually. - Manage together with Investment Banking the financing of Greenfield projects and the refinancing of current ones. - Direct corporate merger processes. - Manage existing financing sources (Project Finance). - Lead the financial area: Accounting, Taxes, Treasury and Financial Planning. - Direct the preparation of budgets, monthly monitoring and control (management / control reports). - Report financial and operating results to Management, shareholders (partners) and banks.

IAE is comprised by four companies that provide energy solutions for the Colombian interconnected system (reliability charge) and for industrial companies (oil & gas, industrial and mining) using thermal and hydro projects. IAE is a 210Mw installed company with an average yearly sell of USD 117 Million. The position major duties and responsibilities are: - Set the price (reliability charge/fees/enterprise value) for new energy projects. - Evaluate and quantify the risks associated to the construction and operation of energy projects financed through Project Finance. - Manage financing sources for existing and new projects financed through Project Finance. - Prepare financial models for financial planning for ongoing projects and evaluation of new thermal (gas / HFO / Biomass) and hydroelectric (PCH) projects. - Manage Due Diligence processes for acquisition or sale of companies or assets. - Lead the company's finances including accounting, taxes, treasury, financial planning and billing. - Lead the preparation of annual budgets and monthly follow-up (management reports). - Report operational results to management, shareholders and banks.

SOENERGY is comprised by six independent HFO power plants and one company engages in the construction of power plants, the rental of power generation equipment and the technical service. The companies together sell an average of USD 124 million annually. - Design and development financial models oriented to the planning of ongoing projects, calculation of expected dividends (yield), and the evaluation of economic viability of new projects. - Structure capital intensive energy projects using Project Finance. - Get the funding sources for new projects. - Plan and execute administrative policies to ensure the achievement of business goals. - Lead the company’s finances (accounting, treasury and billing) managing the processes of reporting, budgeting, and financial planning. - Supervise the headquarters’ reports (United States / IFRS). - Monitor covenants compliance associated with existing financial obligations with CAF, IFC, IIC, Bancolombia, Banco de Bogotá, Helm Bank, Corpbanca, Banco de Occidente and GNB Sudameris. - Direct the O&M quotation process for permanent and temporary power plants (engines and turbines / Fuel: Gas, Diesel and HFO)

Largest Peruvian insurer with investment portfolio of USD 1Billion. Most diverse offer of insurance products in Peru. The position main duties and responsabilities were: Senior Investment Analyst (November 07 – June 09) - Analyzed and recommended new investment alternatives to the Investment Committee. - Elaborated valuation reports for Peruvian and international companies; utilized various methodologies including: Discount Free Cash Flow and comparables (PE, EV/EBITDA, P/FCF). - Monitored capital markets daily, specifically focusing on press releases of companies. Investment Analyst (January 07 – October 07) - Elaborated quarterly variable and fixed income investment strategies. - Prepared macroeconomics reports (Peru, Brazil, Colombia, EEUU, Euro Zone, Japan). - Elaborated initial acquisition of companies’ studies involving estimated the Free Cash Flows and projections of the Financial Statement. Back Office Analyst (July 05 – December 06) - Monitored settlement process; valuated bonds, derivatives and other financial instruments; elaborated asset allocation and portfolio return reports. - Responsible for accountability of financial instrument and providing fair values to accounting area. - Prepared monthly reports for Peruvian Securities Commission. - Implemented new Portfolio Management System (PMS) and created spreadsheet dynamic with Excel / VBA.

Chilean commercial bank focused on Retail Credits with USD400 million client portfolio. The position main duties and responsabilities were: - Developed statistical Credit Risk Models (Credit Scoring). - Created dynamic spreadsheets with Excel, MS Access, SPSS and VBA to analyze Credit Portfolio.

Provides mechanism to trade Peruvian and international equities, bonds, currencies. The position main duties and responsabilities were: - Investigated, designed, developed, implemented new investment products. - Worked mainly in Lima Venture Exchange (LVE). - Researched mechanisms similar to LVE (TSX-Venture Exchange, AIM-London Stock Exchange, JSE-South Africa Stock Exchange). - Designed adequate structure for LVE along with mining companies, brokerages and potential investors. - Developed legal normative frame for LVE together with Peruvian Securities Commission. - Implemented LVE: courses for mining entrepreneurships, brokers and investors.

Top third in Economics 2000 / 2001