Volume 1, Issue 1
Introducing the Green Invest
David Galbally, Chair- David, like the other members of the
man...The name Galbally Green Invest Board, is passionate about
is synonymous with the sustainability and the implementation of
law in Victoria. Frank environmental services.
Galbally was regarded by
“People of my age and generation, be-
many as the leading crimi-
cause of what’s gone on in the past with
nal lawyer and trial advo-
respect to the environment, actually have
cate of his time. He was
an obligation to our grandchildren to en-
one of the first solicitors to practice as an
sure the world environment is protected
advocate without joining the Victorian
Bar, and in all he conducted over 300 mur- for them,” said David.
der trials and was famous for an astonish- “Green Invest is about investing for a
ing acquittal rate. sustainable future,” added David.
David Galbally has also dedicated his life Ian McMillan, Group
to the law, having been admitted to prac- MD...At the ripe age of 19,
tise as a solicitor in 1975 and appointed Ian McMillan already had
Queens Counsel in 1996. David also ap- strong ambitions to make
peared in over a dozen murder trials with his mark in the corporate
his father. world. After decades of
experience in restructuring
During his career, David has been in-
large food manufacturing
volved in numerous high profile matters
businesses and an extensive board, indus-
including representing Demiran, charged
try and government record, Ian has now
over the bombing of the Turkish consulate
been recently appointed as Group Manag-
in South Yarra, Alistair Lynch in the AFL
drug case and the Mexican banker Carlos ing Director of Green Invest Ltd.
Cabal, who was accused of stealing $700 Born in the irrigation district of Deniliquin
GREEN INVEST LIMITED
million from his country. in Southern NSW, Ian’s tertiary training
was in agriculture at Wagga Wagga. Upon
In 2000, David left the Victorian Bar to graduating he took his first job with the
take up his current position as a Partner of wildlife division at CSIRO studying din-
the firm of Browne & Co, Solicitors and goes in central Australia, based at Alice
In addition to his experience as an advo- In the upcoming years, Ian undertook a
cate, David sits on the boards of numerous cadetship in journalism and his career
companies, including acting as Chairman flourished in the media, principally as
of the Royal Children’s Hospital’s Centre compere producer in current affairs radio
for Hormone Research, Chairman of the in New South Wales and Tasmania, but
Transport Workers Union Superannuation also in television.
Fund (“TWUSuper Fund”) and as a Patron
of the Mental Health Council of Australia. Ian’s time in journalism saw him unravel
several remarkable and exciting media
As part of his role as Chairman of the scoops, including an interview with Kerry
TWUSuper Fund, he has been vitally con- Packer and a chance encounter with MI5
cerned to ensure consideration is given to counterintelligence officer and author of
sustainable investment by investment ‘Spycatcher’, Peter Wright.
managers employed by the Fund.
In mid-2007, David was approached to sit
on the Board of Green Invest as Chairman.
Special points of interest:
• David Galbally’s father, Frank Galbally,
Inside this issue: regarded as one of the leading criminal
lawyers of his time
Green Invest Management Team 2 • David has represented several high
profile cases in his career, including
Green Plumbers Soaring in the US 2 Alistair Lynch in the AFL drug case
• Ian McMillan comes from a journalism
Green Invest Broadens Base with New Acquisition 3 background which involved exciting
media scoops such as a chance encoun-
Green Plumbing ‘Army’ Recruits over 6,000 Plumbers 4 ter with MI5 counterintelligence officer
and author of ‘Spycatcher’, Peter Wright
Nextgen leads Renewable Energy Market into Future 5
Green Invest Management Team Continued...
From Page 1—Ian McMillan Ken Edwards, CEO Nextgen...With fond
memories of sunsets, surfboards and catching
After journalism Ian moved into the corporate world, initially that all important break, Ken Edwards has come
into global conglomerate Mars Corporation, in the positions of a long way from the surfing days of his youth to
External Relations, Marketing and Production. become a world-leading pioneer in the carbon
He then held chief executive positions in several large manu- trading market. Founder of Next Generation
facturing companies, including the Sandhurst division of Coles Energy Solutions (Nextgen), a leading environ-
Myer Ltd and Pauls Ltd. mental commodity and energy broker, Ken was
responsible for brokering the very first environ-
In 2001 Ian founded his own company ClearGoal Associates, a mental carbon credit in Australia, if not the
business change management firm assisting businesses to reach world.
their full potential. With major state and national clients, its “The potential market for environmental trading is huge. Under
focus includes food, agribusiness, government, manufacturing, the proposal from the Federal Government, it is going to grow
retail and technology. by 1000% in the next five to ten years,” said CEO of Nextgen,
In late 2007, Ian investigated the opportunity for the Green- Mr Ken Edwards.
Plumbers organisation, an initiative developed by the Master “Looking back, I’ve always had an appreciation for the ocean
Plumbers and Mechanical Services Association of Australia and the environment, making countless journeys up the east
(MPMSAA) to encourage plumbers to consider environmental coast of Australia in the search of that elusive perfect wave,”
sustainability in their work. He was instrumental in bringing added Ken.
GreenPlumbers into the new corporate entity, Green Invest Nextgen is an environment commodity and energy brokerage
Ltd, as one of the foundation businesses, together with company that Ken founded in 2000, and together with the Mel-
Nextgen. bourne Centre for Financial Services, are keen to bring the
Financial Centre back to Melbourne using carbon trading as
“I’ve always had a really strong interest in sustainability and
the environment. Over many years I invested in my own sheep
and cattle grazing property in developing reclamation works Ken moved to Melbourne in 1997, where he worked for Citi-
and sustainable agriculture,” said Ian. Power. It was there that he met his mentors, co founder of En-
ergy Developments Limited Walter Pahor and Pacific Hydro’s
“Now with our rapidly Managing Director Jeff Harding.
changing environment “Back in the 90s, Walter was already making predictions about
I am excited to be able the future of the energy and environmental markets. Both were
to drive Green Invest early pioneers in renewable energy,” said Ken.
Ltd to achieve signifi-
“That was when the idea came to me that there was a potential
to create a business out of the energy market,” added Ken.
benefits for future
generations. My per- In July 1999 Ken left CitiPower and during the next six months
sonal vision is to now established his own company, Nextgen. His inspiration came
take our knowledge from the fact that at the time there were energy brokers in Syd-
and capabilities to the ney but none in Melbourne.
GreenPlumbers --Australian head office inin
GreenPlumbers Australian head office international market Nextgen was responsible for brokering the first environmental
Melbourne’s leafy outer-suburb , Scoresby
Melbourne’s leafy outer-suburb, Scoresby place,” added Ian. credit ever in Australia on 15th March 2001.
The deal by Nextgen was made even before the renewable
“I am proud to say
energy scheme was launched in Australia on 1st April 2001.
that the rapid progress of our GreenPlumbers initiative in the
US market is already turning our vision into reality…and this “I see us building on the foundation of what we’ve achieved
is just the beginning,” said Ian. over the last eight years. Going by the volumes of business
we’re already doing now, we are expecting it to increase ten-
fold over the next two or three years,” said Ken.
GreenPlumbers Soaring in the US
GreenPlumbers USA Licensing Director Megan Lehtonen paid Late last year, GreenPlumbers signed a landmark agreement
a recent whirlwind visit to Australia in order to gain a better with Onni Corporation, to see the commercialisation of the
understanding of our country’s water and energy efficiency GreenPlumbers program across America. The acceptance of
processes as the GreenPlumbers program rapidly expands the program marked the first time an Australian business had
across the U.S. successfully imported an environmental practice overseas.
Megan was taken from top to bottom along the east coast of Steve Lehtonen, President of Onni (and Megan’s father) said,
Australia in a “fact finding” education tour and shown first- “We have a built-in advantage in the United States because we
hand the GreenPlumbers operations and practices, including are implementing a superior, proven product thanks to our
the Caroma plant and installation programs in South East Australian partners.”
Page 2 GI REPORT
GreenPlumbers Soaring in the US Continued...
The agreement built further on mentally sustainable solutions in water and
the prior arrangement by the energy conservation,” said Megan.
Master Plumbers & Mechanical
“Water authorities have traditionally found
Services Association of Austra-
plumbers and their practices to be ineffec-
lia (MPMSAA) and the Plumb-
tive, but the GreenPlumber values are
changing the image of the plumber rap-
tors of California (PHCC) in
introducing the GreenPlumbers idly,” added Megan.
environmental training pro- Through Megan’s guidance, the Green-
grams in the USA. Plumbers program will partner with water
agencies to raise further awareness for the
With 438,000 plumbers in the
need for water and energy saving practices
US market, GreenPlumbers
have already begun paving its in the US.
way through the large group, “My visit to Australia has opened my
with plans to train 4,000 Relatively unheard of by most American homeowners, there are eyes even further to how behind we are in
currently only 155,000 rainwater tanks installed throughout the
plumbers in 100 workshops entire United States. GreenPlumbers USA Licensing Director, America in terms of water conservation,”
across America this year. In Megan Lehtonen (California, USA), sees that number growing expo- said Megan.
the first five months of the nentially within the next few years with the help of GreenPlumbers.
program, they have held 35 “This has only further enhanced my de-
workshops, training over 900 plumbers throughout the country. termination for GreenPlumbers USA to
implement more efficient and preservative routines in our daily
“GreenPlumbers will enter millions of US households through- lives,” added Megan.
out the year and provide the resources to implement environ-
Green Invest Broadens Base With New Acquisition
In an exciting new venture this month, Green Invest has and New Zealand. Its core
now added Sustainable Footprint, an environmental business is assisting medium
Green Invest is now in a unique
company focused on delivering energy and water assess- to large corporations and
ments, to the group’s portfolio. This latest acquisition competitive position as a one-stop community organisations in
means Green Invest is now in a unique competitive posi- performing energy and wa-
tion as a one-stop environmental shop, capable of sup-
environmental shop, capable of supplying ter assessments and educat-
plying the environmental assessment, the recommended the environmental assessment, the ing staff in the area of sus-
water and energy upgrades as well as trade the environ- tainability.
mental credits. recommended water and energy upgrades,
Prior to joining Green In-
“Adding Sustainable Footprint to our group enables us to as well as trade the environmental credits. vest, Sustainable Footprint
supply the full solution, as it is the link that connects already had its own partner-
Nextgen and GreenPlumbers,” said Group Managing Director ship arrangements with other environmental businesses in or-
of Green Invest, Mr Ian McMillan der to deliver a one-stop-shop service to its clients, with a vi-
sion to move into the Australasian and North
“It fits in seamlessly with
American markets in the future.
our vision to be Australia’s
premier environmental ser- “Sustainable Footprint is pleased to be in-
vices and commodities cluded as part of the Green Invest group of
group,” added Ian. companies. There is a natural fit between the
services we offer and the existing services
The addition of Sustainable
provided by Nextgen and GreenPlumbers,”
Footprint moves Green In-
said General Manager of Sustainable Foot-
vest into the area of energy
print, Mr Ross Brierty.
sustainability with the in-
stallation opportunity for “In essence we will be providing the market
solar panels, lighting up- with a total solution in terms of meeting the
grades and other energy needs of our clients in the area of sustainabil-
efficiency devices. ity. We are delivering a unique combination
of services, allowing our clients to be
Sustainable Foot- The new Green Invest team at the Nextgen office. Back row, from left to right: Green Invest confident in receiving a seamless ser-
print specialises in Group Managing Director Ian McMillan, Sustainable Footprint (SF) Manager of Auditing
vice in this new and rapidly growing
delivering corporate Cameron Foley, SF General Manager Ross Brierty, Nextgen CEO Ken Edwards, Green Invest
sustainability solu- CFO Stephen Munday, SF Manager of Business Operations Warwick Lake and SF Manager field,” added Ross.
of Information Technology Kurt Foster. Front row: Green Invest Chairman David Galbally
tions in Australia
VOLUME 1, ISSUE 1 Page 3
Green Plumbing ‘Army’ Successfully
Recruits Over 6,000 Plumbers
In the battle against global warming, Australia’s No.1 envi- So how does one become a GreenPlumber?
ronmental products and installation business, GreenPlum-
Currently GreenPlumbers, in conjunction with MPMSAA,
bers, have enlisted over 6,200 Aussie
hold over 100 workshops
plumbers to join their growing
annually in Australia. Ini-
‘army’. In Australia, there are cur-
tially only with five core
rently 70,000 plumbers working for
units, GreenPlumbers and
3,700 plumbing businesses and
MPMPSAA have in recent
GreenPlumbers are marching their
times developed five new
way through the masses, adding
units for the course that
more recruits in their bid to lead the
expands more into the spe-
The ‘troops’ are now expanding into
In order to be eligible for
New Zealand, Canada and the
the GreenPlumber certifi-
United States of America, with
cation, students are re-
GreenPlumbers USA exploding into
quired to complete the five
the domestic US market of 438,000
core units and at least one
plumbers. Launched in late 2007,
elective. The units cover
GreenPlumbers USA has already Head of GreenPlumbers USA, Steve Lehtonen (front row, left) and Green Invest everything from ‘Caring for
gained high level community and Group MD Ian McMillan (front row, right) and GreenPlumbers USA Licensing
Government support, including rec- Director Megan Lehtonen (back row, second to the left) in the USA, with the Our Water’ and ‘Solar Hot
GreenPlumbers USA training team Water’, to ‘Inspection Re-
ognition from Californian Governor
ports’ and ‘Principles in
GreenPlumbers is a groundbreaking initiative developed by
“We are also in the midst of developing a new photovoltaic
the Master Plumbers & Mechanical Services Association of
(PV) solar program to meet
Australia (MPMSAA) and its early success in
the rising demand for the
the USA is proving that it is already living up
installation of PV solar,”
to expectations and generating the anticipated
Launched in late 2007, GreenPlumbers said Gary.
licensing revenue streams.
USA has already gained high level The new program will com-
“Our aim is to build the capacity in our in- community and Government support, prise of both the plumbing
dustry for plumbers to speak to customers
including recognition from Californian and electrical aspects of the
about more energy and water efficient prod-
ucts,” said National Industry Development Governor Arnold Schwarzenegger. installation requirements
and will be aimed primarily
Manager of MPMSAA, Mr Gary Workman.
at plumbing businesses.
“We partner with all
“At the moment the Federal Government is offering a re-
levels of government in order to
bate program to schools for installing PV systems,” said
fund our training, so not only are
they internationally recognised but
they’re also free of charge to at- “Each school will be entitled to a rebate of up to $50,000,”
tend,” added Gary. added Gary.
In 2007 GreenPlumbers joined Gary began in the role of National Industry Development
forces with Nextgen, Australia’s Manager nearly six years ago, when he was the only exist-
No.1 environmental brokering com- ing trainer. Today the rapidly growing interest in the Green-
pany, to form Green Invest Limited Plumbing
and list on the ASX in February this course has
year. resulted in
Californian Governor Arnold Schwar-
zenegger with Head of GreenPlumbers six other
Earlier this year, Green In-
USA ,Steve Lehtonen trainers
vest bought the commercial
business of GreenPlumbers.
The MPMSAA is responsible for the training and accredita-
tion while GreenPlumbers has the task of installing water
saving solutions to industry, Governments and households. As the GreenPlumber ‘army’ grows, their logo will soon be
recognised nationally everywhere on the road
Page 4 GI REPORT
Green Invest Limited (ASX:GNV) listed on the ASX in February 2008 and
GREEN INVEST LIMITED
comprises three successful Australian businesses, GreenPlumbers, the
Level 2 country’s leading group of environmental plumbers; Nextgen, the largest
480 Collins St
Melbourne carbon trader in Australia; and Sustainable Footprint, an environmental
company focused on delivering energy and water assessments.
Phone: (03) 9220 0118
Fax: (03) 9220 0120
E-mail: email@example.com Late in 2007, GreenPlumbers signed a landmark agreement with Onni
Corporation to see the commercialisation of the GreenPlumbers program
Investing for a Sustainable Future across America, the first time an Australian business has successfully ex-
ported an environmental practice overseas.
Green Invest’s vision is to be the world’s leading environmental services
We’re on the Web!
www.greeninvest.com and commodities company.
www.greenplumbersusa.com For more information on Green Invest, contact Group Managing Direc-
www.nges.com.au tor, Mr Ian McMillan — firstname.lastname@example.org.
Nextgen Leads Renewable Energy Market into the Future
Nextgen, Australia’s largest broker of environmental cred- schemes, as well as the Federal Government’s commitment
its, has taken the lead to guide and educate the rest of the to increase the Mandatory Renewable Energy Target
country on the “whys and wherefores” of the future of the (MRET) five-fold by 2020.
burgeoning renewable energy market by staging its first There were five speakers in total, with three of them from
ever seminar on renewable energy. Nextgen – Ashley being one of them, as well as Head of
Last June at Nextgen’s offices in Collins Street, major en- Environmental Products, Fernando Broder, and Environ-
ergy players such as the Department of Sustainability & mental Broker, Marco Stella.
Environment and the Energy Users Association of Austra- Fernando and Marco gave a well-received presentation on
lia, attended the seminar in order to address issues and que- the Wholesale Markets Update, and topics addressed in-
ries regarding the REC (Renewable Energy Certificate) cluded information on Nextgen, ‘The Fundamental of
creation process, certificate supply and demand, market RECs’, ‘Price Chart and Policy History’, ‘Price Drivers’,
prices and outlook, and policy and market developments. ‘Forward Market’ and ‘National Emissions Trading Scheme
“It was an overwhelming (NETS) VS MRET’.
success and we plan on hav- Ashley presented on Risk Manage-
ing one every quarter,” said ment, with his talk covering topics
Environmental and Energy such as ‘Structured Derivatives for
Broker of Nextgen, Mr Ash- Generators and Retailers’,
ley Free. ‘Scenario Analysis’ and ‘Interactive
“As far as we know, we are Traders Game’.
the only ones providing such “Attendants walked away from our
a high level quality of infor- seminar better informed and with a
mation and speakers in the clearer understanding of what’s
current market,” added Ash- driving the renewable energy mar-
ley. ket today,” said Ashley.
The seminar included infor- “I believe that our seminar opened
mation on upcoming projects, To the left: Ashley Free, Environmental and Energy Broker, Environmental
up and exploited a niche market
the implications of green Products, presenting at the Nextgen offices on Risk Management
To the right: Fernando Broder, Head of Environmental Products and Marco that will only continue growing,”
power and voluntary Stella, Environmental Broker, presenting on the Wholesale Markets Update added Ashley.