Lincoln Renewable Energy (LRE), a developer of U.S. solar and wind projects, says it has appointed Sanjeev Menon vice president of finance. The company says Menon, former director of structured finance and business development at SunPower Corp., will play a key role in the financing of LRE's upcoming solar projects.
At SunPower, Menon oversaw more than $250 million in financings within the solar market. He has extensive experience in senior and mezzanine debt, tax equity and equity placements, as well as in project development. Prior to his role at SunPower, he served as vice president of syndications at United Financial of Illinois and director at TL1 Partners Inc. He also was co-founder and chief financial officer of RealHub.com Inc. and an assistant vice president at GE Capital. During his career, Sanjeev has closed over $1.5 billion in debt and equity financings.
‘Sanjeev's 20-year track record in raising capital, particularly his recent successes in financing solar PV projects, makes him a valuable addition to our team,’ says LRE CEO Declan Flanagan. ‘This appointment completes a strong management team as we move into construction mode on LRE's first solar projects in New Jersey in 2011.’
SOURCE: Lincoln Renewable Energy