Coronal Management, the manager of the Coronal New Energy Fund, has appointed Edwin Feo as COO and managing director. Feo will oversee Coronal’s development efforts and maintains the firm’s developer relationships.
Coronal Management LLC, the manager of the Coronal New Energy Fund, announced that Edwin F. Feo has joined its team as COO and managing director. Mr. Feo will oversee Coronal’s development efforts and maintains the firm’s developer relationships. Coronal delivers a complete financial and asset management solution, and the first truly comprehensive life-cycle project solution — from development and construction to financing and maintenance — for solar photovoltaic (PV) systems up to 20 MW.
“I am delighted to welcome Ed to the Coronal team and confident that his leadership and expertise in solar energy will be an invaluable asset to our organization and to the success of our clients’ solar projects,” said Jonathan Jaffrey, Coronal Management’s CEO and managing director.
Mr. Feo is a pioneer in renewable energy development and finance and a respected authority in the industry. He leads an ongoing dialogue on renewable energy by chairing or speaking at top industry and business conferences. Mr. Feo was named one of the “Five Most Influential People in Renewable Energy” by Euromoney/Institutional Investor.
“Coronal combines a powerful, highly experienced leadership team with the most unique operational and financing solutions for distributed generation in the industry,” said Ed Feo, chief operating officer, Coronal Management LLC. “I am delighted to be part of an organization that has the capability to proactively bring solar PV projects to fruition.”
Prior to Coronal, Mr. Feo co-chaired the Global Project Finance practice at the international law firm of Milbank, Tweed, Hadley & McCloy, LLP, where he spearheaded the development of one of the first law firm practice groups devoted to renewable energy. Under his leadership, the group closed more than 200 renewable energy transactions for more than $35 billion in capital.
Mr. Feo was a co-founder of USRG Renewable Finance, which has arranged the senior debt financing for 375 MW of rooftop solar PV projects. Highly active in the industry, Mr. Feo serves on the boards of several companies engaged in the financing of renewable energy and energy efficiency systems.
Mr. Feo holds a bachelor’s degree from the University of California, Los Angeles, and earned his Juris Doctor degree from the University of California, Los Angeles-School of Law.
Coronal Management LLC
Coronal Management is an alternative energy company that develops, finances, builds, operates and maintains solar photovoltaic (“PV”) projects for institutions, corporations and non-profit organizations throughout North America. The Coronal team brings more than 80 years of successful investment management, a strong record of solar project development and has been recognized by the White House Office of Innovation and Civic Participation as thought leaders in the solar industry.
Coronal and Panasonic Eco Solutions North America have established a strategic relationship to deliver the first truly comprehensive life-cycle solution to facilitate solar projects from inception and financing, to engineering, procurement and construction (EPC) through to the operations and maintenance (O&M) of the arrays.