SAN FRANCISCO--(BUSINESS WIRE)--Clean Power Finance (CPF) is expanding its residential solar financing business with a new office in Houston, Texas.
“We’ve outgrown our San Francisco headquarters,” said Nat Kreamer, CEO of CPF. “The Houston office will support additional market expansion and allow us to recruit talented employees in several key areas of the business.”
CPF selected Houston because it is a global energy, finance, and technology leader with great universities like Rice. Additionally, Houston’s central location helps CPF better serve its customers from Boston to Honolulu.
“The solar industry is growing exponentially and it’s great to see a leading company join the Houston energy community,” said Jim Crane, owner of Crane Worldwide and the Houston Astros. “I’ve done business with CPF for over four years, and I’m happy to welcome them to the community.”
CPF is one of the largest providers of residential solar financing and the leading solar software company in the U.S. The company plans to hire at least 100 Houston employees initially for its operations and software development teams. Steve Olszewski, CPF’s senior vice president of operations, will lead the Houston business.
CPF has also filled several new roles to support its growth trajectory. Debasis Rath, who previously led the home equity business at Discover (NYSE: DFS), will join CPF’s core financing team, and Joe Steenbergen, formerly at RGS Energy and Syndicated Solar, will lead CPF’s fulfillment program.
About Clean Power Finance
Clean Power Finance’s (CPF) financial services and software power the U.S. residential solar industry. CPF’s financing platform connects companies that sell and install residential solar in eleven states. Solar marketers and installers access a full suite of affordable consumer solar finance products, including power purchase agreements (PPAs), leases, and PACE financing. CPF’s software, CPF Tools®, has helped solar professionals in all 50 states design, quote and sell solar deals. Founded in 2006, CPF has raised more than a billion dollars of project financing from investors that include Fortune 500 corporations, electric power companies and major financial institutions. To learn more about CPF, please visit www.cleanpowerfinance.com.