BALTIMORE, Oct. 5, 2015 /PRNewswire/ -- MMA Capital Management, LLC (NASDAQ: MMAC) ("MMA Capital Management" or the "Company"), a Delaware limited liability company, today announced that its subsidiary, MMA Energy Capital, LLC ("MMA Energy Capital"), has added two key industry employees to support its renewable energy financing activities including the debt financing platform offered by MMA Energy Capital.
Danielle Rose and Mark Domine have joined the organization to manage the growth in originating and structuring debt transactions in renewable energy with emphasis in the solar energy space. Danielle joins the company from Ameresco where she worked in project finance structuring energy transactions and Mark Domine joins from SunEdison where he led that company's partner and project acquisitions business.
Bob Hopper, Managing Director of MMA Energy Capital remarked, "As our renewable project lending business continues to grow, the addition of such experienced professionals as Danielle and Mark are critical to support our customer's needs and provide our business with strong risk adjusted returns for our investments."
"Greentech Media estimates that the United States will add 1 gigawatt of new solar power every month through the year 2016," Hopper added, "and we see further growth in other efficient energy production systems such as combined heat and power and we are staffing accordingly to take advantage of the market opportunity.
About MMA Energy Capital
MMA Energy Capital provides custom solutions around construction debt and development capital for renewable energy projects that enable its customers to effectively develop and build world class projects through access to efficiently placed capital.
For more information on MMA Energy Capital, please contact Bob Hopper at Bob.Hopper@MMAEnergyCapital.com, or visit our website, www.mmaenergycapital.com.
Cautionary Statement Regarding Forward-Looking Statements
This Release contains forward-looking statements intended to qualify for the safe harbor contained in Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements often include words such as "may," "will," "should," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "seek," "would," "could," and similar words or are made in connection with discussions of future operating or financial performance.
Forward-looking statements reflect our management's expectations at the date of this Release regarding future conditions, events or results. They are not guarantees of future performance. By their nature, forward-looking statements are subject to risks and uncertainties. Our actual results and financial condition may differ materially from what is anticipated in the forward-looking statements. There are many factors that could cause actual conditions, events or results to differ from those anticipated by the forward-looking statements contained in this Release. These factors include changes in market conditions that affect the willingness of potential investors or lenders to provide us with debt or equity, changes in market conditions that affect the value or marketability of assets we own, changes in market conditions or other factors that affect our access to cash that we may need to meet our commitments to other persons, changes in interest rates or other conditions that affect the value of mortgage loans we have made, changes in interest rates that affect our cost of funds, tax laws, environmental laws or other conditions that affect the value of the real estate underlying mortgage loans we own, and changes in tax laws or other things beyond our control that affect the tax benefits available to us and our investors. Readers are cautioned not to place undue reliance on forward-looking statements. We have not undertaken to update any forward-looking statements in this Release.
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SOURCE MMA Capital Management, LLC