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Renewable energy company Soltage appoints George Schaefer as CFO

14 April 2009

US renewable energy company Soltage has appointed George P Schaefer as CFO.

CEO of Soltage, Jesse Grossman, said, ‘We are very excited to have George become our new CFO, as he brings a broad level of expertise in structuring financial arrangements in the energy field, which is key to Soltage’s growth. He closed over $15bn in debt and equity issuances when he was vice president and treasurer of NRG Energy.’

Schaefer previously served as CFO of Mascoma Corporation of Boston and AS Alliances Biofuels where he was responsible for the company’s accounting, budgeting, finance, information technology and risk management. He was also vice president and treasurer of NRG Energy for four years.

Schaefer added, ‘Soltage is the ideal fit for me because it is a young, vibrant, growth-oriented renewable energy company and that dovetails well with my most recent experience as CFO of two venture capital backed start-up companies. I am very excited to be able to have the opportunity to help accelerate Soltage’s growth not only here in New Jersey, but also as Soltage expands beyond the east coast to further demonstrate its national presence.’

Copyright © 2009 newnet

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