The directors of CPP, John England and Lixin Li, have known each other since 1994 when they both joined GEC Alsthom Investment Projects.

They have excellent commercial and financial skills to add to a good technical understanding of power stations and power station projects. They have a thorough understanding of the contracts that underpin a power station project and the cashflows that flow from those contracts. They have extensive experience of working closely with specialist engineers, venture capital companies, bankers, lawyers and all the other professionals that become involved in modern power project development.

In particular, they offer excellent financial modelling and analysis skills and have, over the last two or three years, acquired a fundamental understanding of the implications of the EU Emissions Trading Scheme (EU ETS) on power station economics in the countries that are part of the scheme.

They also have extensive experience of working in China and Lixin, who is now a British citizen, was born in Guangxi Province in China.

John England

John graduated from Imperial College in 1976 with a degree in Mechanical Engineering and subsequently obtained an MBA, specialising in investment and finance, from the University of Aston.

He has spent virtually his entire working life in the power industry. He was sponsored through Imperial by GEC Gas Turbines Ltd. and subsequently joined GEC Turbine Generators Ltd. in 1981. He spent much of the 1980s travelling backwards and forwards to China as part of the teams that negotiated the contracts for the conventional island of the 1800 MW Daya Bay Nuclear Power Station and the 720 MW Yue Yang coal-fired power station.

In 1990 he left what had become GEC Alsthom to join the small team that successfully developed the Derwent Cogeneration Project, one of the original “dash for gas” projects in the UK. This project, which closed in 1992, was his introduction to the world of project finance.

He joined the newly created Investment Projects department of GEC Alsthom (subsequently ALSTOM) in 1994 and spent the next two years working on the development of the Jiaxing Phase II Project. This was a project that GEC Alsthom tried to develop as part of a Cooperative Joint Venture which also included National Power, CITIC, the Zhejiang Provincial Electrical Power Bureau and the East China Electric Power Group. This project, which would have been the world's largest IPP, failed to obtain state approval in 1996 as China adopted a competitive tendering process to develop its foreign owned BOT projects.

After Jiaxing he led ALSTOM’s bids for BOT projects in Tunisia and Egypt before leaving the company at the end of 2000.

He formed Power Asset Modelling Ltd. in 2002.

Lixin Li

Lixin graduated from South-China University of Technology in 1982 with a 1^st Class Honours degree in Electrical Engineering. He subsequently became a Doctor of Technology in Electrical Engineering at the Helsinki University of Technology.

He moved to the UK in 1988 and worked in generator design at GEC Alsthom in Stafford for six years.

He transferred to GEC Alsthom Investment Projects in 1994 to join the Jiaxing project development team. After Jiaxing he played a key role in the development of the Laibin B Power Plant in China. This was the first wholly foreign owned power project in China and the developer was selected following an international competitive bidding process. Lixin was involved in both the successful bid and the subsequent development of the project to Financial Close.

In 1998 he moved to the International Division of National Power PLC where he was responsible for developing and acquiring electricity generation assets worldwide.

He joined PricewaterhouseCoopers (PwC) as Corporate Finance Advisory Manager in February 2001 where he was responsible for advising clients on major corporate/project finance transactions with a focus on energy, infrastructure and utilities. He left PwC in February 2006.

As well as being a director of CPP he is also a Vice President of Rockland Capital Energy Investments LLP where he leads Rockland’s initiatives in emissions trading and carbon finance.