Our Team

Jonathan Naimon
Managing Partner

Jonathan Naimon
Managing Partner
- Founder, Sustana Cooling Partners
- Sustainable investment pioneer active in institutional strategy development, product development renewable finance, corporate technology venture, structured finance, carbon markets and climate policy
- Designed new sustainability funds offered by UBS (Switzerland), Storebrand (Norway), and EFG (Sweden) with $1B+ in AUM today
- First Sustainability manager selected by a leading California pension fund
- Grew modest $50M allocation to $94M
- Invested into Tesla at $16
- Developed the third party PPA model for solar as SunEdison’s founding advisor
- Solar industry has since grown 1000x+ with institutional investor participation
- Identified electronics acquisition candidates for ABB corporate technology
- Managed ABB DOE technology demonstration partnership, EPA contracts
- Led startup environmental unit of investor research center IRRC (now part of MSCI)
- Managed IRRC partnership on corporate sustainability reporting with GEMI.org
- Managed refrigeration alternatives cost benefit analysis for EPA stratospheric ozone protection rule (under the Montreal Protocol)
- MSPH, University of North Carolina, Chapel Hill
- National Science Foundation (NSF) fellowship
- BS, Biology, Cognitive Science, MIT
- Visiting Professor, Carnegie Mellon, Norwegian School of Management (BI- Oslo)
- Board advisor, Stealth Asia Cooling Startup

Boian Spassov
Managing Director

Boian Spassov
Managing Director
- Founder & CEO of Locbit, an AI-enabled IOT platform
- Responsible for managing technical and sales teams at growing California-based software company
- Locbit optimization software enables real estate clients to reduce electric costs
- Locbit software supports real time data transport, digital twin display applications, and automated systems integration
- Mr. Spassov is one of the inventors of a common machine language (CML) that enables any machine (IOT, BMS, meta-data system) to talk to other machines in real time
- The National Renewable Energy Lab (NREL) and the California Energy Commission demonstrated substantial incremental savings at a California WalMart during operations
- Visibility across multiple systems enables fault detection on an automated basis
- Open ADR Certified, hardware agnostic
- Locbit software provides device level monitoring & verification of energy systems that is required to verify carbon impact
- Security and control functionality validated by strategic partners including Panasonic
- BA, Finance, San Diego State University
- Conflict Resolution coursework, Oxford University

Rajan Rajendran
Corporate Technology Advisor

Rajan Rajendran
Corporate Technology Advisor
- 30+ years experience in R&D, product, regulatory and innovation roles with Emerson (a top 10 refrigeration company)
- Spearheaded development of the Emerson Helix innovation hub
- Cochair of Refrigeration, Air Conditioning and Heat Pumps Technical Options Committee (RTOC) and committee member, Technical and Economic Assessment Panel (TEAP), UNEP
- Ph.D., and MS, Mechanical Engineering, Iowa State University
- MBA, Wright State University, Ohio
- BS, Mechanical Engineering, University of Madras (India)

David Frost
Senior Diligence Advisor

David Frost
Senior Diligence Advisor
- Managed due diligence process for family office allocating energy sector profits into cleantech investments
- Managed renewable fund focused on operating wind, solar and hydro assets
- Led public partnership efforts for multiple renewable energy tech companies
- Led diligence activities for repowering hydropower projects with new turbines
- Managed on-campus energy technology demonstrations for Stanford University
- MBA, Harvard Business School
- MSc, Stanford School of Environmental Engineering
- BA Columbia University, Political Science

Aidan Stretch
Senior Asia Advisor

Aidan Stretch
Senior Asia Advisor
- Senior executive with investment banking, private equity, cleantech and IFC experience.
- Wide network from 20+ years conducting business in all major Asian markets
- Operating executive at Full Cycle, a climate focus private equity fund
- Co-founder and board member, Syngenera, an Asian natural capital asset manager
- Co-founder, Synova, a circular economy company focused on plastics, biomass
- Development Bank Advisor, IFC (India)
- Former board member, Novo Tellus, technology focus private equity (Singapore)
- Architect for pioneering CFC free warehouse for Patagonia
- Resident in Bangkok
- University of Washington, MBA
- University of Oregon, Architecture, MS
- University of Liverpool, Architecture, Honors

Juan Emilio Cano Reveles
CEO, Norcantabric

Juan Emilio Cano Reveles
CEO, Norcantabric
- Norcantabric is a land-based recycled water aquaculture company based in Spain
- Norcantabric represents the next generation of aquaculture, preventing feeding pen effluent and genetic pollution of wild animals with a closed loop terrestrial system
- Norcantabric has won multiple awards in Spain
- Mr. Cano cofounded an electronics recycling company in Mexico, building on his role as the exclusive licensee of Norwegian circular economy company Tomra.
- Emilio previously headed DSE, a sustainable business and investment advisory firm with public and private sector clients in multiple industries.
- Mr. Cano co-founded Ecobanca.org, a not-for-profit bank focused on financing environmental community organizations in Mexico.
- Doctor Honoris Causa, Desarollo Organizational Sostenible, Universidad Nacional Autonoma de Mexico
- BA, Urban and Environmental policy, Tufts University

Bas Hetterscheid
Wageningen University Research (WUR) partnerships manager

Bas Hetterscheid
Wageningen University Research (WUR) partnerships manager
- Lead global multi-stakeholder partnerships for European food research organization
- Subject matter expert on agricultural supply chain and climate issues.
- Managed dozens of cold chain projects for private sector, development banks and governments.
- Previously managed an energy sector logistics partnership with Peterson
- Partnership focus was North Sea energy companies.
- Executive master in supply chain & operations, TIAS School for Business and Society
- Bachelor, Logistics & Economics, Windesheim (Netherlands)

Bharat Jaisinghani
Executive Director, PolyCab Limited

Bharat Jaisinghani
Executive Director, PolyCab Limited
- Polycab is the largest electrical cables and wire company in India with ~$13B market cap
- Core Team Member, Young Volunteer’s Organization (YVO)
- Investor in various sustainability businesses. Prime focus is servitization business models like cooling as a service.
- Harvard Business School (Executive Education Leadership Program)
- Singularity University (Executive Program, Technology)
- University of Manchester, MSc, Operations Engineering