New Energy Equity names Jackie Chambers as chief investment officer

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New Energy Equity, a national developer and financier of solar projects, has appointed Jackie Chambers as chief investment officer. With 13 years of experience in the solar industry, Chambers will shape project finance strategy and execute monetizing and financing New Energy Equity's pipeline of projects. She has a significant background in project finance, direct project origination, and project acquisitions, including tax equity financing solutions and community solar project acquisition.

ANNAPOLIS, Md., Feb. 7, 2024 /PRNewswire/ -- New Energy Equity, national developer and financier of community and commercial solar projects, has welcomed Jackie Chambers to its leadership team as chief investment officer. Chambers will be responsible for shaping project finance strategy and the execution of monetizing and financing New Energy Equity's pipeline of projects.

With 13 years in the solar industry, Chambers brings valuable perspective to New Energy Equity and significant experience in project finance, direct project origination and project acquisitions.

At PNC Energy Capital, Chambers developed tax equity financing solutions across nearly all solar industry segments, including behind-the-meter roof-mounts, utility-scale, and community solar, via sale-leasebacks and partnership flips. She also participated in the financing of over $500 million of solar assets in addition to fuel cell and battery storage projects. Most recently, as vice president of channel origination at Nexamp, Chambers led the community solar project acquisition team and successfully closed on over 300MWdc of assets.

"Jackie is an exceptional addition to the New Energy team and will make a significant contribution to shaping our organization's financial strategy and accelerating future growth," said New Energy President Josh Kunkel. "With a wealth of experience in both solar and finance, Jackie will have an immediate impact at New Energy, driving our financial goals as we continue to work to leave behind a better world through solar deployment."

Chambers said she is excited to join the New Energy team.

"The New Energy team is impassioned and mission driven, with a strong track record of excellence," Chambers said. "I look forward to leveraging the skill sets that I have gained over these past 13 years in the solar industry, including financing and project development, to contribute to New Energy's continued growth and success."

About New Energy Equity
New Energy Equity LLC, a wholly owned subsidiary of ALLETE (NYSE:ALE), develops, finances, operates, and manages solar power generation assets, providing clean electricity to commercial, industrial, municipal, and utility customers under long-term contracts. New Energy Equity has successfully developed over 500MW of solar projects and closed more than $1.2 billion in clean energy investments. To learn more, visit http://www.newenergyequity.com.

Contact:	Keri Fisher
	Sr. Director - Marketing
	New Energy Equity
	443-266-2079
	kfisher@newenergyequity.com

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SOURCE New Energy Equity

FAQ

Who is the new chief investment officer of New Energy Equity?

Jackie Chambers has been appointed as the new chief investment officer of New Energy Equity.

What is the role of Jackie Chambers at New Energy Equity?

Jackie Chambers will be responsible for shaping project finance strategy and executing the monetization and financing of New Energy Equity's pipeline of projects.

What is the background of Jackie Chambers in the solar industry?

Jackie Chambers has 13 years of experience in the solar industry, with a significant background in project finance, direct project origination, and project acquisitions.

What was Jackie Chambers' role at PNC Energy Capital?

At PNC Energy Capital, Chambers developed tax equity financing solutions across various solar industry segments and participated in the financing of over $500 million of solar assets, fuel cell, and battery storage projects.

What was Jackie Chambers' role at Nexamp?

At Nexamp, Chambers led the community solar project acquisition team and closed on over 300MWdc of assets.

What was the reaction of New Energy President Josh Kunkel to Jackie Chambers' appointment?

Josh Kunkel stated that Jackie Chambers is an exceptional addition to the New Energy team and will significantly contribute to shaping the organization's financial strategy and accelerating future growth.

What is Jackie Chambers' perspective on joining New Energy Equity?

Jackie Chambers is excited to join the New Energy team and looks forward to leveraging her skill sets gained over the past 13 years in the solar industry to contribute to New Energy's growth and success.