Philip R. Leiber Joins Coronal Group as Chief Financial Officer

GLENDALE, Calif., Sept. 8, 2015 /PRNewswire/ -- Coronal Group LLC (Coronal) announced that Philip R. Leiber has joined the team as Chief Financial Officer. Mr. Leiber will work with Coronal's executive team to set the company's financial direction while actively participating in the company's overall strategy.

"I am delighted to welcome Phil to the Coronal team and confident that his leadership and financial acumen will be an invaluable asset to our organization," said Jonathan Jaffrey, CEO of Coronal Group LLC.  "Phil's breadth of experience in the utility market and his extensive work in the renewable energy field will provide a unique perspective that will help drive effective financial strategies."

Before joining Coronal, Mr. Leiber served as the CFO of the Los Angeles Department of Water and Power, the nation's largest municipal utility, where among other responsibilities, he provided analysis and financing for renewable energy projects designed to meet the State of California's 33% renewable requirement by 2020. Prior to that he was CFO at Seattle City Light, the nation's first carbon neutral electric utility. In these roles, Mr. Leiber was responsible for financial planning, rates, and structuring transactions to meet regulatory and other requirements. 

"The strength of Coronal's leadership team, the Coronal-Panasonic partnership, and its exceptional success in quickly bringing solar PV projects to fruition, position the company as a leader in the solar PV market," said Mr. Leiber.  "I am delighted to be part of an organization that is committed to bringing clean, sustainable energy to businesses and homes across North America."

Mr. Leiber earned both a bachelor's degree and a master's degree from the University of Michigan, Ann Arbor, and a second master's degree from the University of Phoenix. He is a Certified Public Accountant in the State of California and a Certified Treasury Professional.   

About Coronal Group LLC

Headquartered in Glendale, Calif., with offices in New Jersey and Virginia, Coronal Group LLC is a renewable energy company that develops, owns, and operates solar projects globally, with major initiatives in the United States, Canada, Latin America, and Asia. In partnership with Panasonic, Coronal's team of industry veterans brings unparalleled experience and leadership in distributed generation, integrated community and utility-scale solar PV projects, energy-as-a-service, and battery storage.

The Coronal-Panasonic platform, a comprehensive end-to-end solution, facilitates the development and commercialization of solar PV projects from inception through the life of the asset. With more than 2.5 gigawatts of greenfield and brownfield projects in development or in the pipeline, Coronal continues to actively acquire solar PV assets in virtually any stage of development. For additional information, please visit CoronalGroup.com.

About Panasonic Enterprise Solutions Company
Panasonic Enterprise Solutions Company, a division of Panasonic Corporation of North America, develops, installs and maintains large-scale Eco Solutions and Audio-Visual Solutions for business and municipal customers. Serving customers across a wide range of industries, Panasonic Enterprise Solutions engineers custom-built applications using the latest technology, experience in end-to-end management of complex corporate projects and unparalleled onsite support services. Its Eco Solutions unit offers expertise in end-to-end solar energy projects while also delivering technological and financial solutions to the rapidly expanding commercial and industrial renewable energy markets. An industry leader in Audio-Visual Solutions, the company has installed some of the largest high-definition LED video boards in the world at many well-known sports and entertainment venues in the U.S. In Interbrand's 2014 annual "Best Global Green Brands" report, Panasonic ranked number five overall and the top electronics brand in the report. Learn more: panasonic.com/pressroom. 

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SOURCE Coronal Group LLC

Related Links

http://www.coronalgroup.com

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