Renewable Energy Systems Americas Inc. (RES Americas), a leader in the development and construction of wind and solar projects in North America, has announced the hiring of two senior executives. Robert Morgan and Glen Davis will join RES in the roles of Chief Development Officer and Chief Commercial Officer, respectively. Morgan and Davis join RES Americas from Agile Energy, a company they co-founded and led for more than nine years. RES Americas plans to acquire Agile Energy¹s key solar development assets.- Morrison & Foerster has announced the addition of Julian E. Hammar to the firm’s Energy and Financial Service Regulatory Practices in Washington, D.C. His practice will focus on futures, derivatives and commodities, energy regulatory compliance and enforcement, corporate and securities matters.
- SunPower Corp. has announced that marketing veteran Erin Mulligan Nelson has been named the company’s executive vice president and chief marketing officer. In this role, she will drive SunPower’s overall global brand and marketing strategies. Nelson has significant executive-level marketing experience with both Fortune 50 and high-growth pre-IPO companies, including chief marketing officer of Dell and Bazaarvoice. Her position is effective immediately and she will be based in the company’s Austin, Texas office.
- SolarCity Corp. has announced that they have entered into a definitive agreement for SolarCity to acquire Zep Solar, Inc. for approximately $158 million. The purchase price is payable in shares of SolarCity common stock, and is subject to reduction for the amount of net indebtedness of Zep Solar as of the closing. Zep Solar is one of the leading providers of residential photovoltaic module mounting systems in the U.S., and has been one of SolarCity’s primary component suppliers for residential systems in 2013. Upon close of the acquisition, Zep Solar will operate as an independent business unit of SolarCity.
