SHANGHAI, July 7, 2016 /PRNewswire/ -- SPI Energy Co., Ltd.
("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of
photovoltaic (PV) solutions for business, residential, government
and utility customers and investors, today announced it has
strengthened its senior management team with two key appointments.
Effective August 1, 2016, Mr.
Kevin Qi will join SPI Energy as
Senior Vice President ("SVP") in charge of corporate development
and capital markets and effective July 1,
2016, Mr. Minghua Zhao became
joint Chief Operating Officer ("COO") of the Company's China domestic business.
Mr. Qi has more than 17 years of experience dealing with
cross-border fund raising and capital market transactions in
Asia and globally and has a
successful investment and asset management track record. He has
served as Managing Director and Head of Credit Opportunities Fund
at China Merchants Capital in Hong
Kong since May 2007,
overseeing the establishment and performance of the US$400 million fund. Mr. Qi served as a Managing
Director at Bank of America Merrill Lynch from 2007 to 2013 where
he was the head of the Greater
China global loans and special situation group. Prior to
that, he held senior management roles at other global investment
banks including Citigroup, Credit Suisse and UBS. Mr. Qi obtained a
Bachelor's Degree in Physical Oceanography at Ocean University of
China, a Ph.D. in Physical
Oceanography at Oregon State University
and an MBA at University of Chicago,
Booth School of Business.
Mr. Zhao, who joined SPI Energy in February 2015 and has served as SVP of the
Company's finance service business, brings 19 years of business
management, finance, investment and risk management experience to
the Company. He previously served as general manager of Suzhou
Industrial Park Chengcheng Enterprises Guarantee Co., Ltd., a
financial services company, and from 2003 to 2009 as president of
Suzhou Industrial Park Branch of Suzhou Bank. Prior to that, he
worked at CITIC Bank for six years. Mr. Zhao graduated from Jiangsu
Province Business School in 1997 with a degree in Business
Administration and from Southwestern
University of Finance and Economics in 2008 with a degree in
Business Management.
"Mr. Qi is a proven financial leader with a deep understanding
of capital markets and corporate strategy and we are delighted to
have him join our senior management team," said Xiaofeng Peng, Chairman and CEO of SPI Energy.
"We are also pleased to have Mr. Zhao step into the position of
joint COO working closely with Hoong Khoeng Cheong, COO of our
overseas operations. Mr. Zhao will be responsible for steering our
growing China operations which
span a wide range of online and offline businesses. They both bring
many years of valuable experience to SPI Energy and will help drive
our corporate development in a global context as we take advantage
of the evolving green energy market opportunities at home and
abroad."
About SPI Energy Co., Ltd.
SPI Energy Co., Ltd. is a global provider of photovoltaic (PV)
solutions for business, residential, government and utility
customers and investors. SPI Energy focuses on the downstream PV
market including the development, financing, installation,
operation and sale of utility-scale and residential solar power
projects in China, Japan, Europe
and North America. The Company
operates an innovative online energy e-commerce and investment
platform, www.solarbao.com, which enables individual and
institutional investors to purchase innovative PV-based investment
and other products; as well as www.solartao.com, a B2B e-commerce
platform offering a range of PV products for both upstream and
downstream suppliers and customers. The Company has its operating
headquarters in Shanghai and
maintains global operations in Asia, Europe,
North America and Australia.
For additional information visit: www.spisolar.com,
www.solarbao.com or www.solartao.com.
Safe Harbor Statement
This release contains certain "forward-looking statements."
These statements are forward-looking in nature and subject to risks
and uncertainties that may cause actual results to differ
materially. All forward-looking statements included in this release
are based upon information available to the Company as of the date
of this release, which may change, and the Company undertakes no
obligation to update or revise any forward-looking statements,
except as may be required under applicable securities law.
Tairan Guo
ir@spisolar.com
+86 21 8012 9135
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SOURCE SPI Energy