FREDERICK, Md., Aug. 24, 2017 /PRNewswire/ -- Empower Energies welcomes Michael Slom as Vice President of Sales and Business Development.
Mr. Slom comes to Empower after running the solar asset acquisition efforts for Pardee Resources for over seven years. Michael led Pardee's investment of over $60 million into Commercial and Industrial (C&I) solar energy projects and is a highly respected figure in the solar development and financing world. Michael brings to Empower a deep network of relationships with leading developers, EPC contractors and equipment vendors from his background in acquiring late stage solar projects.
Michael will play a similar at Empower Energies, where he will focus on building out Empower's relationships with leading developers, EPC contractors and equipment vendors with early to late stage projects for acquisition by the DG Fund, Empower's C&I distributed solar project fund. The DG Fund provides the complete capital stack for the construction and acquisition of distributed solar projects and is supported by capital commitments from industry leading tax equity and cash equity investors. Michael will be reporting to Ken Beiser, the head of the Sales and Business Development group at Empower.
"We are excited to add a professional of Michael's caliber to the growing team at Empower. Mike will focus on working with developers, EPCs and other industry players with projects they are looking to monetize. Through our DG Fund, we have committed capital to deploy for C&I projects in the 500kw - 20 MW range. Interested parties can reach out to Michaelthrough the Empower website."- John Clapp, President & CFO, Empower Energies
About Empower Energies Empower Energies is a solar development and financing company specializing in meeting the needs of commercial and industrial customers across the U.S. Empower uses its dedicated DG Fund to provide capital to project development and acquisition opportunities, allowing it to execute quickly and efficiently with power consumers and other developers. Empower is actively seeking C&I projects as well as talented professionals in sales, finance and operations. For more information, visit empowerenergies.com or give us a call at: (240) 490-4200.