Borrego Solar names new CFO

February 8, 2010
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Borrego Solar Systems has appointed Bill Bush as Chief Financial Officer (CFO). Previously, Bush served as the CFO of Solar Semiconductor. He will work to further develop the relationship between Borrego Solar and investor Walsin Lihwa, and work with Borrego’s commercial and public-sector customers on solar system financing. Walsin Lihwa recently formed a US$30 million Power-Purchase Agreement Fund (PPA), organized as Green Lake Capital LLC.

“Bill brings an impressive mix of financial experience and executive leadership to the Borrego team, and is joining at an exciting time for the company,” said Mike Hall, CEO of Borrego Solar. “In the past year, we’ve successfully completed a record sales quarter, introduced Borrego Solar’s integrated power-purchase agreement program, formed a PPA fund with Walsin Lihwa, and expanded our operations, all reinforcing our commitment to providing our customers with a ‘one stop shop’ for all solar energy services. Bill’s expertise will accelerate Borrego’s growth as we continue on our mission to become the premier financier and EPC provider of commercial scale solar electric systems in North America.”

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Before Solar Semiconductor, Bush served as CFO for several high growth software and online media companies with responsibilities which included the establishment of business processes, capital raising, business development and investor relations.

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