San Francisco—September 6, 2011—Clean Power Finance, the leading provider of integrated services and financing solutions for the solar industry, today announced Kristian Hanelt as Senior Vice President of Renewable Capital Markets, and Brian Robertson, CEO of Amonix and co-founder of SunEdison, and Ed Feo, Managing Partner of USRG Renewable Finance, join the Clean Power Finance Board of Directors.
Hanelt joins Clean Power Finance from Tioga Energy where he served as Vice President of Project Finance. As a member of the founding team, Hanelt developed Tioga’s position as a leading developer of commercial solar systems. Hanelt now brings his extensive experience financing energy projects to further Clean Power Finance’s mission to drive the mass-market adoption of solar. Hanelt holds an MBA from Stanford University and a BS from Boston University.
“It’s an honor to join a team with such outstanding leadership and talent,” said Hanelt. “I look forward to building upon Clean Power Finance’s success by advancing cost-effective, residential solar systems.”
Clean Power Finance’s Renewable Capital Markets Team is comprised of tenured investment professionals who have led project finance on more than 100 commercial solar systems across seven funds. In addition to Hanelt, solar industry finance veterans Brian Robertson and Ed Feo bring their extensive experience and diversity of skills to the Clean Power Finance Board of Directors.
The co-founder as well as former president and CFO of the largest commercial solar finance company, SunEdison, Robertson brings twenty years of financial, manufacturing and execution experience. Today, Robertson is the CEO of Amonix, the leading designer and manufacturer of concentrated photovoltaic commercial power systems. Robertson has a BS in Computer Science from MIT and an MBA from Harvard Business School.
”The solar industry is rapidly maturing, and through its leading software and new finance offerings, Clean Power Finance is well positioned to drive growth of the US solar industry by providing innovative financing solutions for solar integrators and their customers,” said Robertson.
A former partner at leading international law firm Milbank, Tweed, Hadley & McCloy LLP, Feo co-chaired the project finance and energy practice, closing more than 200 renewable energy transactions. Feo now serves as managing partner at USRG Renewable Finance (USRG RF), the lending affiliate of the US Renewables Group. Feo was identified for his work in renewable energy as one of “The Decade’s Most Influential Lawyers” by The National Law Journal, and named one of the “Five Most Influential People in Renewable Energy” by Euromoney/Institutional Investor. Feo holds a BA and JD from UCLA.
“I’m excited to join the board of a company with a world class management team, and a technology platform that is revolutionizing how solar finance products are sold,” said Feo.
About Clean Power Finance
Clean Power Finance is driving the mass-market adoption of residential solar by building an online marketplace to connect the solar industry and the capital market. The company provides solar professionals, manufacturers and distributors with access to consumer financing, easy-to-use software and essential services. For investors and lenders, the company makes it easy to deploy capital in residential solar projects. Funded by Kleiner Perkins Caufield & Byers (KPCB), Google Ventures and Claremont Creek Ventures, the company was started in 2007. To learn more about how we can accelerate the growth of your business, please visit www.cleanpowerfinance.com