Wednesday, June 6, 2012
OneRoof Energy Names Strategy VP
San Diego-based OneRoof Energy, which provides solar leases and financing, announced today that it has named Dale A. Vander Woude as its new Executive Vice President of Corporate Strategy. Vander Woude was previously at Citigroup Global Markets, where the company said he was involved in a diverse range of tax, structured equity and structured debt investments, including advising on multiple renewable energy transactions. OneRoof Energy is backed by Hanwha International and Black Coral Capital, and has raised over $55M in funding--in addition to capital it is tapping from U.S. Bank to issue those leases. OneRoof Energy provides power purchase agreements (PPAs) or solar leases, which allow homeowners to install photovoltaic power systems at little or no upfront cost, in exchange for agreeing to pay a specific amount for the power generated by those systems over their lifetime.