Cypress Creek appoints new CIO to accelerate its growth

• Independent power producer (IPP) Cypress Creek Renewables has hired Jeffrey Meigel as its new chief investment officer (CIO).

Meigel will certainly take the mantle next week as well as brings considerable experience in sustainable offers, having lead greater than US$ 25 billion in transactions at the likes of Brookfield Renewables as well as SunEdison.

In his new setting as CIO at Cypress Creek, Meigel will certainly be leading the adhering to different teams; structured financing, capital markets, mergers and also procurements, investment board and investment analytics.

He most lately was elderly vice president of Capital Markets at Brookfield Renewable United States where he was responsible for US$ 3 billion of capital development and liquidity strategy yearly as well as additionally held leadership positions at Terraform Power as well as SunEdison before joining Cypress Creek.

" I am excited to sign up with Cypress Creek to lead our investment strategy as well as capital release," Meigel claimed. "I eagerly anticipate introducing with our growth and also capital partners to accelerate the growth of our company."

Previously today, Cypress Creek closed a US$ 125 million debt center to money its solar and storage pipeline.

This came weeks after it had secured a previous debt center of US$ 450 million in April also routed to the growth of its pipeline.