Jacob & Company Securities Inc.

Jacob & Company Securities Inc.

March 05, 2007 09:17 ET

Jacob & Company Securities Inc. Announces Launch

Investment bank, headed by sector veteran, specializes in underwriting and financial advisory services to renewable power and infrastructure industries

TORONTO, ONTARIO--(CCNMatthews - March 5, 2007) - Mr. Sasha Jacob, Vice-Chairman and CEO, Jacob & Company Securities Inc., today announced the launch of Jacob & Company Securities Inc. ("Jacob & Company"), an independent investment bank providing underwriting and financial advisory services to companies in the renewable power and infrastructure sectors. The firm, which is headquartered in Toronto, will primarily service small- to mid-cap issuers in North America and around the world.

"The launch of Jacob & Company comes at a time when renewable sources of power are of critical importance to the public and investors globally," Mr. Jacob said. "Jacob & Company is hitting the ground running. We're already signing significant deals because of our strong, established relationships with institutional clients in Europe, the United States and Canada who are investing in renewable power. Our wide-reaching contacts, depth of knowledge and our proven ability to access capital on behalf of clients sets us apart from competitors in the field."

Among several deals currently under way, Sierra Geothermal Power Corp. recently announced that it engaged Jacob & Company as agent in a private placement valued at $10 million.

Mr. Jacob said that more deal announcements, both private and public, are forthcoming, as well as details about industry professionals who are expected to join the firm within weeks.

Mr. Jacob brings more than a decade of experience in the power and infrastructure sector, including founding and leading the power and infrastructure practice at a leading Canadian investment bank. In addition, he held senior positions as Special Assistant to the Ontario Minister of Energy during the Province's electricity deregulation initiative in the late 1990s.

Mr. Jacob has managed more corporate equity financings for publicly listed geothermal companies than any investment banker in North America. Previous deals include: the first private placement financing for a pure play wind power company in Canada and the first Production Tax Credit driven geothermal financing in the United States.

Mr. Jacob has focused on investment banking in the renewable power and infrastructure sectors for over 5 years. In the previous two years Mr. Jacob managed and structured over 20 transactions in the renewable power sector. In addition, he has been lead investment banker or participated in renewable financings valued at more than $1 billion.

Contact Information

  • Jacob & Company Securities Inc.
    Mr. Sasha Jacob
    Vice-Chairman and CEO
    Cell: (416) 805-7895
    Email: info@jacobsecurities.com
    Media Relations
    Deborah Thompson
    Office (416) 867-2306 or Cell (416) 918-9551