LEHI, Utah, Nov. 11 /PRNewswire/ -- Vivint Solar (NYSE: VSLR), the second largest U.S. residential solar provider, today named Kent R. Williams as Vice President of Asset Management. Williams will work closely with current and future residential solar financing providers to provide best in class asset management services. Williams brings with him extensive experience in portfolio servicing and has managed more than 500 lease and loan portfolios valued in excess of $100 billion.
"Kent brings a wealth of industry experience to Vivint Solar and we are excited to officially welcome him to the team," said Greg Butterfield, CEO of Vivint Solar. "His extensive experience in renewable energy asset management and consumer loans will help guide us as we explore securitization opportunities."
Williams joins Vivint Solar from LeaseDimensions, Inc., where he served as executive vice president and chief operating officer. He was instrumental in creating their industry-leading renewable energy finance services, supporting residential and commercial solar-finance programs for the majority of the industry's solar developers.
About Vivint Solar
Vivint Solar is a leading provider of distributed solar energy – electricity generated by a solar energy system installed at a customer's location – to residential customers in the United States. Vivint Solar's customers pay little to no money upfront, receive significant savings relative to utility generated electricity and continue to benefit from guaranteed energy prices over the 20-year term of their contracts. Vivint Solar finances, designs, installs, monitors and services the solar energy systems to make things easy for its customers. For more information, visit www.vivintsolar.com or follow @VivintSolar.
Note on Forward-looking Statements
This press release contains forward-looking statements as defined within the meaning of the federal securities laws, including statements relating to the expected benefits associated with the appointment of Kent Williams as Vice President of Asset Management of Vivint Solar, Inc. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements should not be read as a guarantee of future performance or results, and they will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. These statements are based on current expectations and assumptions regarding future events and business performance as of the date of this press release, and they are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements, including but not limited to the risks set forth in the registration statements and reports that Vivint Solar files with the U.S. Securities and Exchange Commission, which are available on the Investor Relations section of our website at www.vivintsolar.com. Vivint Solar does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.
Director of Public Relations
SOURCE Vivint Solar