The hiring of Mr. Park is in keeping with Noesis Energy's expanding role as a provider of financing solutions for energy project developers.
Scott Harmon, CEO of Noesis Energy, sees Mr. Park playing a crucial role in supporting energy project developers as they develop energy efficiency proposals. “Many of the developers who use the Noesis platform to analyze and verify energy savings have limited experience presenting financing solutions to the ultimate decision maker: the CFO," he explained. "Michael brings the CFO perspective and can provide essential support to ensure energy project developers have access to the most suitable financing products at the best terms.”
In his previous capacity at the Department of Energy, Mr. Park was a senior investment officer in the loan guarantee programs office. There, he formulated deal terms in the underwriting and due diligence process for investment in high-profile innovative renewable energy projects, totaling over $2 billion in loan requests.