FOLSOM, Calif.--(BUSINESS WIRE)--8minutenergy Renewables, LLC, the leading independent solar developer in the U.S., today announced that the company has named Fred Vaske as Vice President of Project Finance and Mario Ricci as Vice President of Corporate Finance.
With more than 20 years of experience in project and asset finance, valuation and consulting, Vaske previously worked as Director of Structured Finance for SunPower where he structured and negotiated power purchase agreements with commercial customers and the sale of commercial project portfolios to financial investors.
Ricci brings more than 15 years of finance and accounting expertise to his new role. Prior to joining 8minutenergy, Ricci worked as a financial controller for Oracle Corporation and was involved in more than 35 acquisitions.
“We are pleased to have experts like Fred and Mario join the 8minutenergy executive ranks as the company expands beyond its successful California roots to drive national and international opportunities,” said 8minutenergy Chief Executive Officer Martin Hermann.
Vaske previously established the utility project finance groups as an executive at Hanwha Q CELLS USA and Recurrent Energy during an eight-year period in which he led the closing of more than $2 billion in utility and commercial solar PV project finance transactions. Prior to entering the solar industry, he spent a decade in the asset finance industry.
Ricci’s professional background includes holding management positions within publicly traded multi-national corporations including Resources Global Professionals and Pulte Group. Ricci also earned his CPA with Ernst & Young where he served a variety of industries in the advisory and assurance practice. He is a graduate of the University of California at Berkeley with a Bachelor’s in History and Economics.
“At 8minutenergy we are continuing to grow our world-class team of energy experts to enable the development and operations of the world’s leading solar projects,” said Tom Buttgenbach, President of 8minutenergy Renewables.
About 8minutenergy Renewables, LLC
8minutenergy Renewables develops, finances, engineers, constructs, owns, operates and maintains solar projects. 8minutenergy Renewables is the largest independent solar developer in the United States. To date, 8minutenergy Renewables has been awarded over more than 1,400 MW in PPAs; secured more than 1,500 MW in Generation Interconnection Agreements (GIA); and has secured over 20,000 acres of land bank. 8minutenergy has offices in Folsom, Los Angeles, San Francisco, New York, Dallas, Singapore and New Delhi, India. For more information, please call 800-585-3132 or +1-916-608-9060, send email to firstname.lastname@example.org or visit www.8minutenergy.com.
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