FOLSOM, Calif.–(BUSINESS WIRE)–8minutenergy Renewables, LLC, the leading independent solar developer in the U.S., today announced that the company has named Marc Atlas as Chief Financial Officer (CFO).
Atlas will oversee all accounting and finance functions at 8minutenergy, including directly leading efforts to raise several hundred million dollars of institutional capital to support the company’s multi-gigawatt pipeline in the U.S., India and Latin America.
Atlas is a highly experienced energy finance executive who has raised more than $2.5 billion in capital to finance the construction and operations of more than 2,200 megawatts (MW) of now operating wind, solar, natural gas and battery storage projects.
“To date, we have developed 1,400 MW of contracted projects, and we continue to rapidly expand within the U.S. and in selected international markets,” said 8minutenergy Chief Executive Officer Martin Hermann. “We are extraordinarily pleased to have Marc join our ranks as CFO. Marc is extremely experienced and well prepared to help 8minutenergy drive value moving forward.”
Prior to joining 8minutenergy, Atlas simultaneously served as Vice President of Finance and Director of International Development for Invenergy LLC. Throughout his renewable energy career, Atlas has structured and managed project debt and equity financings, overseen corporate capital raising initiatives, managed an internationally based development team and led his predecessor company’s international efforts to source debt and equity capital for power projects in Japan, Mexico and various other Latin American countries.
“Marc’s experience and proven track record in energy financing will help 8minutenergy further enable the development and operations of the world’s leading solar projects,” said Tom Buttgenbach, President of 8minutenergy.
Atlas’ professional background also includes previously working for Charles River Associates, an economic consulting company, and Falconwood, a commodity fund and investment company. Atlas received an MBA from the University of Chicago’s Booth School of Business.
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 email@example.com or visit www.8minutenergy.com.