Published on: Thursday, 23 January 2025 ● 4 Min Read
ST. LOUIS--(BUSINESS WIRE)--Azimuth Renewables (“Azimuth”), a full-service solar energy development company, today announced the appointment of Robert L. Scheuermann, CPA, CFA, as its Chief Financial Officer, effective immediately.
Scheuermann brings more than 25 years of experience in the power and renewable energy industries to Azimuth. This appointment comes at an important time in Azimuth’s evolution as it seeks to execute on a significant pipeline of near-term projects and growth opportunities. Most recently, Scheuermann served as CFO for Vesper Energy, where he built out the company’s project finance, financial planning and analysis, portfolio management, and accounting teams, raising over $1.5 billion in financing and funding commitments to fuel the company’s growth. Prior to Vesper Energy, Scheuermann was President of solar developer SoCore Energy until its sale to ENGIE in 2018. Before being promoted to President in 2016, he was SoCore’s CFO for three years where he raised multiple debt financings and tax equity funds and led the company’s prior sale to Edison International in 2013.
“Robert’s vast experience growing renewable energy companies and raising project financing will be a key asset to Azimuth going forward,” said David Bunge, President of Azimuth Renewables. “We welcome Robert to the team where he will be instrumental in our mission of powering a sustainable future. In particular, Robert’s extensive industry expertise will help us grow our portfolio of utility-scale solar projects and expand our development activities across the country.”
“Azimuth has established itself as a leading developer of utility-scale solar projects with a proven track record of working closely with communities,” said Robert Scheuermann, Chief Financial Officer of Azimuth Renewables. “I am excited to join Azimuth at this pivotal moment for the energy industry, which is experiencing explosive growth in the demand for power amid the expansion of AI data centers and corporate sustainability goals. I look forward to working with the entire team at Azimuth to deliver affordable solar projects that benefit communities.”
Earlier in Scheuermann’s career he was Senior Vice President of Finance at Wind Capital Group where he led the execution of over $1 billion of debt and tax equity financing commitments and Director at ABN AMRO Bank where he led the renewable energy tax equity initiative, investing approximately $600 million in thirteen wind projects. Additionally, Scheuermann spent eight years in the Power & Utilities group focused on project finance and M&A advisory. He received an MBA with high honors from the University of Chicago Booth School of Business and a BS in Business from Indiana University. Scheuermann is a CFA Charterholder and an Illinois registered CPA.
Azimuth is owned by Oakland Capital Partners.
About Azimuth Renewables
Azimuth Renewables is a full-service solar energy development company located in the heart of the Midwest. Our primary focus is on delivering utility-scale solar projects that are not just clean and affordable but also hold the promise of a brighter, more sustainable future for the communities we serve. Azimuth has a proven track record of working closely with local communities to deliver clean, affordable solar projects that benefit the entire community. We are committed to careful project management, thoughtful design and open communication. Azimuth Renewables is based in St. Louis, Missouri, but our scope is nationwide. Please visit azimuth-renewables.com for more information.
About Oakland Capital Partners
Established in 2016, Oakland Capital Partners provides strategic support and capital to middle-market businesses in the Renewable Energy and Financial Services sectors. Oakland focuses on identifying and collaborating with exceptional operators and entrepreneurs to launch or acquire and scale high-growth businesses. With deep financial expertise and an extensive network, Oakland Capital delivers tailored solutions and strategic guidance that empower leadership teams to achieve sustainable growth. Its flexible, self-funded capital base enables partnerships designed to build significant long-term value. For more information, please visit oaklandcp.com.
No comments posted
© 2019 KIVAA Group | All right reserved. www.theindustrial.in
Leave a reply: