Sol Systems Adds Three to Team

Sol Systems, a Washington, D.C.-based solar finance firm, has added two people to its board of advisors: Jonathan Silver and Ed Feo. Silver has worked within the federal government, leading investments in clean and renewable energy; he has also cofounded a venture capital firm called Core Capital Partners. Feo is the managing director of USRG Renewable Finance, the renewable-energy-focused private equity firm.

Sol Systems has also hired Stephanie Smith as general counsel and EVP for operations. Smith was previously an associate at Cooley LLP.

PRESS RELEASE:

Sol Systems has announced the addition of Jonathan Silver and Ed Feo to its Board of Advisors, and is proud to welcome Stephanie Smith as General Counsel and Executive Vice President for Operations. Mr. Silver and Mr. Feo are among the best known investors in renewable energy in the United States, and bring considerable project finance, fund management, private equity, venture capital, and relevant technology expertise to the company. Stephanie Smith is a highly respected renewable energy and project finance attorney that has been involved in the solar industry for the last eight years.

“We are incredibly fortunate to be able to attract talent like Jonathan and Ed to our board,” said Yuri Horwitz, CEO of Sol Systems. “Their decades of experience and recognized thought leadership in the clean energy sector will be immensely helpful to the company as we grow.”

Mr. Silver joins the Sol Systems board of advisors following an extensive career in renewable energy investment and venture and private equity investing. Mr. Silver headed the federal government’s investments in clean and renewable energy and, in that role, led investments of more than $40 billion dollars across a wide array of wind, solar, geothermal, biofuels and nuclear projects. Mr. Silver also led the government’s multi-billion dollar investments in electric vehicles and advanced automotive technology. Earlier, Mr.Silver co-founded Core Capital Partners, a leading venture capital firm and was the Chief Operating Officer of Tiger Management, then one of the nation’s largest hedge funds. Mr. Silver is currently a Senior Distinguished Fellow at Third Way, a think tank in Washington, DC.

Mr. Feo is the Managing Director of USRG Renewable Finance, the nation’s largest, pure play private equity firm for renewable power, biofuels and clean technology infrastructure projects. He is a thought leader in the renewable energy space, and his participation on the Board brings a distinguished voice with real world experience in the renewable space, and an expansive and valuable perspective on the overall market as Sol continues to expand its footprint in solar and beyond. Prior to joining USRG, Mr. Feo spearheaded one of the first law firm practice groups devoted to renewable energy, and closed more than $35 billion in renewable energy transactions in the last decade.

Ms. Smith joined the company as General Counsel in mid-November. Prior to joining Sol Systems, Ms. Smith was a Senior Associate at Cooley LLP, where she focused her practice on the renewable energy sector and gained extensive experience with project development and project finance transactions. She primarily represented development companies who develop and construct wind, solar, biofuels, and biomass projects. Ms. Smith was included in the elite group of attorneys recognized in the 2012 BTI Client Service All-Stars Team. She will be leading Sol Systems legal team, as well as taking responsibility for the company’s fast expanding business operations and playing a critical role in the strategic development of the Sol team.
“We are excited and proud to have Stephanie,” noted Yuri. “To an individual, we are passionate about this industry, and this passion drives a commitment to transform it into an impactful, strong and stable force that helps create a more sustainable future for us all. Stephanie absolutely shares that vision, and brings the highest level of professionalism, focus, and strategic insight into all that she does.”

About Sol Systems

Sol Systems is a solar finance firm and a leader in financial innovation in the renewable energy industry. Since its inception in 2008, Sol Systems has partnered with 350 solar installers and developers to bring over 3,000 solar projects from conception to completion by offering innovative financing solutions for residential, commercial, and utility-scale projects.
Sol Systems’ financing programs catalyze investments for a broad set of solar projects by simplifying their origination, diligence, and financing processes. Developers seeking financing for solar projects can access over $2.5 billion in capital through the Sol Systems investor network.
In addition to providing financing, Sol Systems also offers project due diligence, deal structuring, and asset management services – all designed to reduce overhead and transaction costs and quicken project development timelines.
For more information, please visit www.solsystemscompany.com.

PR Newswire (http://s.tt/1vNL6)

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