(Source: PRNewswire)JERSEY CITY, N.J., May 14 /PRNewswire/ -- Soltage, LLC, which develops, finances, owns and operates solar energy generating Powerstations on client structures across the U.S. -- is once again increasing its financial operational strength. Last month, Soltage hired energy veteran George P. Schaefer as CFO. Today, Soltage proudly announces Brooks S. Kaufman, formerly with Banc of America Securities -- the investment banking arm of Bank of America Corporation -- as VP of Finance reporting to Schaefer.

"Brooks was VP in the Energy and Power Investment Banking Group for Banc of America Securities responsible for execution of power and utility company mergers and acquisitions and capital markets transactions. So I'm excited to have his power industry expertise," commented Schaefer, CFO for Soltage. "At Soltage, he'll arrange project financing and tax equity partnerships."

Jesse Grossman, CEO of Soltage adds, "Brooks has a firm understanding of how to construct sound financial deals, such as when he served as a senior banker on EUROMONEY Project Finance's North American Portfolio Financing Deal of the Year 2006 during his 2004 to 2007 tenure as VP for Fieldstone Private Capital Group."

At Mirant Corporation (formerly Southern Energy, Inc.) from 1995 to 2003, Kaufman held multiple roles within treasury and business development in North America and Europe. He led multi-disciplinary teams through financing and acquisition of public and privately held companies, and development and construction of brownfield and greenfield power plants.

Kaufman has extensive investment, valuation, structuring, M&A, divestiture, financial and operating experience -- and has evaluated, negotiated and executed multiple project and corporate financings, while coordinating efforts of lenders, consultants and rating agencies.

He began his career at JPMorgan. He has a BA in Economics, Political Science and English literature from Colgate University and an MBA with concentrations in Accounting and Finance from NYU Stern School of Business.

About Soltage, LLC

Soltage, LLC is a full service renewable energy company that develops, finances, owns and operates solar energy stations on client structures across the USA. Using proven technology and on-site generation, Soltage supplies a significant portion of client long-term energy demand at below retail rates. Soltage has an office in Hartford, Connecticut and is headquartered in Jersey City, New Jersey. http://www.soltage.com/.

Soltage, LLC

CONTACT: Sylvia Schwartz, +1-201-424-1100,Sylvia.Schwartz@earthlink.net

Web Site: http://www.soltage.com/

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