M&A and Structured Finance
Ray directs M&A and structured finance efforts, which in 2016 resulted in securing more than $500 million in new tax equity commitments and $700 million in new construction debt commitments for projects under construction. Ray joined sPower from wind developer OwnEnergy, where he spent six years as the CFO and led M&A and finance during a time of rapid growth culminating in the sale of OwnEnergy to EDF in 2015. Prior to OwnEnergy, Ray was a Managing Director at Credit Suisse in investment banking with clients in the IPP, utility and renewable generation sectors. Ray’s 14-year banking career included positions with Wasserstein Perella, Donaldson Lufkin & Jenrette (DLJ) and Credit Suisse.
Ray holds a BA in Finance from Southern Methodist University.