PETROS PACE CONTINUES TO EXPAND WITH NEW HOUSTON HIRE
Business Development Officer Rachel Davis to focus on Houston and select U.S. markets
AUSTIN, TEXAS (January 19, 2017) — Petros Pace Finance LLC has hired Rachel Davis as its newest business development officer as it expands its Property Assessed Clean Energy (PACE) business in Houston and other select markets across the country.
Davis joins Petros from NRG Energy, a Fortune 200 company, where as director of business development she helped create tailored energy solutions to help companies meet their energy reduction and sustainability goals. Most recently, she led a national business development team that pursued partnerships for solar, wind, energy efficiency and combined heat and power systems with Fortune 500 clients.
Prior to her director role, Davis served as a marketing manager at Reliant Energy for 12 years helping commercial real estate, retail and banking sector clients manage commodity price risks through electricity contracts.
“PACE financing is a game changer in the energy efficiency and renewable energy space, allowing far more companies and property owners to invest in technologies and building improvements that lower their energy usage and costs,” Davis said. “Petros PACE has proven itself to be the clear leader in the market, and I am excited to be a part of their very talented and experienced team.”
Petros began funding commercial PACE projects in 2016. The company closed 22 transactions in the first year, becoming the first private lenders to complete PACE transactions in Colorado, Michigan, Minnesota and Texas.
“We see the potential for significant growth in the PACE market in 2017, and we’re expanding our team accordingly,” said Petros CEO Mansoor Ghori. “Rachel’s considerable experience in energy and finance combined with her commitment to help companies lower their energy costs and become more sustainable makes her a perfect fit for our team.”
A Texas native, Davis graduated with honors from Texas A&M University with a BBA in Marketing and a certificate in International Business.
Petros PACE Finance
Austin-based Petros PACE Finance, LLC is solely dedicated to providing long-term PACE financing to U.S. commercial property owners seeking to increase their property values and reduce their carbon footprint. The principals of Petros PACE Finance – Mansoor Ghori, Tommy Deavenport and Jim Stanislaus – have substantial experience in structured finance and lending, and bring significant value to all parties involved in the transactions in which they participate.