Helio Micro Utility, Inc. Names Gregory Rosen Vice President of Project Finance
Posted on: Tuesday, 18 December 2007, 15:00 CST
BERKELEY, Calif., Dec. 18 /PRNewswire/ -- Helio Micro Utility, Inc. (Helio mU), a wholly owned subsidiary of the HelioGroup, announced today the appointment of Gregory Rosen to the newly created post of Vice President, Project Finance. The HelioGroup, an integrated renewable energy management company, also includes solar system integrator HelioPower as well as HelioEMS, an energy management solutions provider.
Mr. Rosen will be responsible for securing and managing the financing of residential, commercial and public sector photovoltaic projects.
"We are thrilled to welcome Greg to our company," said Mr. Rogoff, the CEO of the HelioGroup. "Greg's expertise and experience will be extremely valuable to the expansion of Helio mU, and he will be instrumental in leading the rollout of new financial products designed to enable our customers to meet their renewable energy goals."
Gregory Rosen is an eight-year veteran of the renewable energy field. Prior to joining Helio mU, Mr. Rosen was most recently a Director of Structured Finance for SunPower Corporation, a multinational leader in solar electric systems. In this position, he arranged and financed dozens of multi-megawatt equipment sales and Power Purchase Agreements (PPAs) for Fortune 500 companies and government entities, including the largest photovoltaic (PV) system in North America (15MW) at Nellis Air Force Base in Nevada.
"I'm excited to join Helio mU, and I look forward to expanding the list of large scale projects we finance, while suitably modifying the financing mechanics and risk mitigation techniques used for such projects for small and mid-size companies as well as residential customers." said Mr. Rosen.
In prior years at PowerLight and SunPower, in addition to his financing duties, Mr. Rosen served as a lead developer for several projects including the 0.7 MW City of San Francisco Moscone Center project and the 1.1 MW Alameda County Jail project. He has also developed and managed regulated and voluntary-market Solar Renewable Energy Certificate (REC) portfolios.
Previously, Mr. Rosen worked in investment banking and as an environmental advocate at the League of Conservation Voters in Washington, DC. Mr. Rosen holds a Masters Degree in resource optimization from the University of Pennsylvania.
About The HelioGroup: The HelioGroup was formed this year after HelioPower Inc., a California-based leader in engineered solar energy installations, was acquired in June by Sierra Nevada Partners. In addition to HelioPower, The HelioGroup portfolio of companies also includes HelioEMS, engineered renewable energy management systems and energy audits for residential and commercial applications and Helio mU, innovative financial products engineered for a wide range of sustainable energy systems.
About Helio Micro Utility: Helio mU, the independent financing arm of the HelioGroup, offers innovative renewable energy financial products engineered for a wide range of solar system solutions to meet the growing demands of the solar energy market. The company can be reached at http://www.heliomu.com/.
About HelioPower: HelioPower is an industry leader in engineered, custom solar solutions, which harness the energy of the sun for residential, commercial and public sector solar systems. Led by a team of seasoned engineers, solar panel installations are conducted throughout California from offices in Murrieta and Sacramento. HelioPower implements solar power systems engineered from today's sustainable energy technology, including photovoltaic panels for the generation of electricity and solar heating systems for water. To reach HelioPower call toll free 1 866 765 2755 or log onto http://www.heliopower.com/.
The statements made in this press release, which are not historical facts, contain certain forward-looking statements to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward looking statements. Although such statements are based upon the best judgments of the company, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the companies' dependence on third parties, market conditions, technical factors and other factors, many of which are beyond the control of the companies mentioned in this release.
Helio Micro Utility, Inc.
CONTACT: Glenna Wiseman of HelioGroup, 1-866-765-2755,gwiseman@heliopower.com
Web site: http://www.heliomu.com/http://www.heliopower.com/
Source: PRNewswire
Related Articles
- OCT Recognizes Innovative Solar Battery Charging and Maintenance System with a 2009 Spotlight on New Technologies Award
- Lennox Industries Introduces First Integrated Solar-Assisted Residential Heating & Cooling System
- Analyzing the Technology of Hybrid Power Systems Utilizing Renewable Energies - Available Now
- Power System Engineering Enables the Reader to Adapt the Basics of Power Systems and Equipment Design to Engineering Projects
- Titan Energy Worldwide, Inc. Delivers Emergency Power System to St. Paul Administration and Education Center
- RWE to Establish New Renewable Company
- HomePlug(R) Powerline Alliance Welcomes New Contributor Members Huawei Technologies and Corporate Systems Engineering
- Xcel Energy's Solar*Rewards Payouts Eclipse $1 Million
- Naval-Warfare Systems Engineering Deal Awarded to SRC
- Aarohi Communications Strengthens Executive Team, Selects Bill Huber Senior Vice President of Software and Systems Engineering
 |
 |
User Comments (0)
RSS Feeds