Tuesday, September 11, 2012

SoCore Energy Announces Robert Scheuermann as Chief Financial Officer


CHICAGO--(BUSINESS WIRE)--SoCore Energy, a market leader in solar portfolio development and commercial rooftop installations, announced today that Robert (Rob) Scheuermann has been hired as their new Chief Financial Officer.

Commenting on the announcement, President of SoCore Energy, Pete Kadens, stated, “We’re thrilled to add Rob to the team. His valuable experience and leadership in financing renewable projects over the last 15 years will be a force multiplier for SoCore and our clients.”

Scheuermann brings 15 years of power industry experience, focused primarily on the renewable energy sector, to SoCore. Scheuermann spent the past 4 years as Senior Vice President of Finance at Wind Capital Group, where he led the execution of over $1 billion of financing commitments. Prior to Wind Capital Group, Scheuermann was a Director in ABN AMRO Bank’s Structured Funding & Investments Group, where he led the renewable energy tax equity initiative, investing approximately $600 million in 13 wind projects in the U.S. between 2006 and 2008. In addition, Scheuermann spent 8 years with ABN AMRO Bank in their Power & Utilities group focused on project finance and M&A advisory.

Scheuermann is a CFA Charterholder and an Illinois registered CPA. He received his MBA with high honors from the University of Chicago Booth School of Business and a B.S. in Business from Indiana University.

Also commenting on the announcement, SoCore’s new CFO, Rob Scheuermann, stated, “I'm very excited about joining such a talented team with a proven track record of creating value for its customers.”

This addition comes at a crucial moment in SoCore’s development – as it moves to a model exclusively focused on large scale portfolio rollouts with commercial customers.

Scheuermann begins his new role with SoCore Energy immediately.

About SoCore Energy: SoCore Energy is the market leader in solar portfolio development and commercial rooftop installations. Focused exclusively on the solar energy needs of multisite retailers, REITs and industrial clients, SoCore combines engineering excellence and financial innovation to reduce the operational and bottom-line expense of solar energy implementation, cut energy costs and hedge against utility-rate increases. Their client list includes global and national retailers such as IKEA and Walgreens, as well as leading commercial property owners Kimco Realty, Healthcare REIT and Regency. For more information visit: www.SoCoreEnergy.com

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