San Francisco, California, United States
Climate Tech Finance Executive-- Over 20 year track record of building and financing renewable energy and climate tech platforms and projects. Specialties: Financial Management Executive & General Management Project Finance Corporate Finance Business Development Project Development New Ventures
I lead a team executing Bloom Energy's structured financing to support product sales globally. We close structured finance transactions, support sales initiatives, and manage investor relationships,
Conceived and incubated Erthos Capital, a captive project investment group to develop, finance, own and operate projects utilizing Erthos products & services. •identified and curated $250 million in third-party sponsor equity, tax-equity, and construction/perm debt sources needed to develop and construct first project portfolio •created NTP project acquisition framework and curated project pipeline of over 500 MW
Evaluated new product and service opportunities enabled by Erthos's technologies. •created group and hired initial team (2) to refine product and identify market opportunities •engaged in market research and potential partner discussions around first potential product offering •launched insurance-backed system warranty product creation to backstop Erthos warranties
Supported CEO and CCO in business development efforts including corporate capital raising efforts. •Evaluated international partnership opportunities across three continents •Developed business plan, financial model, and collateral materials to support corporate capital raise •Co-presented company growth plans, alongside CEO and CCO, to strategic and financial investors Based on this work, promoted to Executive Vice President and tapped to create Energy Projects group
Created Ecodaptive to accelerate development of distributed clean infrastructure portfolios. Ecodaptive developed the award-winning SunRAYS Program, which broadens the addressable market for rooftop solar through an innovative lease-based finance offering. •Awarded grant funding from InnnovateMass program to expand addressable rooftop solar project markets •Established company and created partnership with project originator and EPC •Negotiated and closed project acquisition agreement for up to $300 million with top-tier institutional investor Ecodaptive was acquired by The Boston Solar Company in June, 2022.
Founder and Managing Director of NextPower Capital (nextpowercapital.com), a clean energy infrastructure investment bank specializing in: •structuring tax-equity and debt transactions for renewable energy and storage projects •conducting M&A sell-side processes for renewable energy projects and portfolios •raising early to mid-stage capital for development platforms Mandates included: •Top Tier Investment Bank: Structuring & closing $100M tax-equity fund for C&I solar projects •Leading Utility: Structuring & closing $80M tax-equity fund for ownership of C&I solar projects •Global Infrastructure Fund: Structuring & closing $100M+ tax-equity facility for C&I solar projects •European IPP: Supported US market entry by structuring & closing $90M for community solar projects Ben attained Series 7, 63, and 79 securities licenses (inactive).