Solar Power Partners Inc. has expanded its executive and management team. G. Robert Powell, former chief financial officer (CFO) at Pacific Gas and Electric Co. (PG&E), has joined the company as vice president and CFO. David Kunhardt, a 21-year veteran of tax-equity finance, was named vice president of partnership finance. Art Athas, who was instrumental in securing the first distributed solar power purchase agreement in the U.S., joined the team as vice president of market development.
During Powell's tenure as CFO of PG&E, the company completed both long- and short-term financings in addition to executing power purchase contracts in the solar, wind and biomass sectors. Prior to working at PG&E, Powell was a partner in PricewaterhouseCoopers LLP's national energy practice.
Kunhardt has more than 21 years of experience in partnership debt and equity financing to deliver management of partnership tax-advantaged investments, encompassing the origination, development, structuring and documentation of portfolio financing. Prior to joining SPP, Kunhardt served as a director of RBC Apollo Equity Partners in the expansion of investor relationships.
Athas was most recently a founder and operator of the renewable energy consulting firm Green Source Solutions, where he advised several solar start-up firms in the U.S. and Canada, and was a critical team member in the launch of SIT, the first solar integrated roofing technology company in the country.
SOURCE: Solar Power Partners Inc.