Marcela Aray, Senior Clean Development/Joint implementation Project Analyst (Ottawa), provides independent economic assessment of emission reduction project opportunities for the company’s Asset Management business. She also maintains and developed Natsource's proprietary Delivery Risk Model.

Prior to joining Natsource, Ms. Aray was a Senior Renewable Energy analyst at NUON Energy Trading and Wholesale in Amsterdam, where she held a number of positions related to renewable energy, the EU Emissions Trading Scheme and CDM issues. Marcela earned a Masters degree in Engineering Mathematics from University of Twente in The Netherlands and a B.Sc. in Industrial Engineering from the University of Los Andes in Bogota.