Vivint Solar Appoints Thomas Plagemann as Executive VP, Capital Markets [Professional Services Close - Up]
(Professional Services Close - Up Via Acquire Media NewsEdge) Vivint Solar, a full-service residential solar energy provider, announced that renewable energy investment veteran Thomas Plagemann has joined its leadership team as executive vice president, Head of Capital Markets.
According to a release, Plagemann joins Vivint Solar from Santander Global Banking & Markets, where he was managing director, Head of Energy, U.S Corporate and Investment Banking. Plagemann will be responsible for developing Vivint Solar's tax equity and capital markets fundraising efforts and leading the financing strategy beyond its existing third party financing structures.
"We welcome Thomas to our team and are confident in his energy market expertise to expand our financing strategies which are critical to our growth," said Greg Butterfield, CEO of Vivint Solar, to whom Plagemann will report. "We are optimistic that his industry knowledge will bring even more success to Vivint Solar."
During his 20 years of experience, Plagemann has originated and executed financings and investments in energy and infrastructure assets globally totaling $20 billion in projects with total capital costs in excess of $29 billion. He has completed transactions across the balance sheet from debt to equity, and he has experience with all varieties of renewable energy technologies, as well as conventional energy projects, bio fuels projects and regulated utility transactions.
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