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Triccar, Inc. Announces Appointment of New CFO

Triccar, Inc. Announces Appointment of New CFO.

articleCorrelate Energy Corp.January 24, 20223/company/correlate-infrastructure-partners-inc/news/triccar-inc-announces-appointment-of-new-cfo
Triccar, Inc. Announces Appointment of New CFO

About this update from Correlate Energy Corp.

[{"type":"text","content":"Triccar, Inc proudly announces the appointment of Channing F. Chen as its Chief Financial OfficerBOISE, ID / ACCESSWIRE / January 24, 2022 / Triccar, Inc. (OTCQB:TCCR) ("TRICCAR" or the "Company"), a data-driven platform designed for commercial and industrial real estate owners seeking to significantly improve net operating income while meeting carbon reduction goals, announces today the appointment of Channing F. Chen as its new Chief Financial Officer.Mr. Chen will report directly to the President and CEO of the Company, Todd Michaels, and is charged with company financial management with an emphasis on implementing and designing company processes to assist in future growth in addition to overseeing structured finance."Channing is that rare success with experience both helping to build leading startups and holding executive positions with publicly traded companies in the clean energy sector. We have an unprecedented opportunity to remove friction between today's legacy finance process and quality upgrades developed within our program technologies. For the U.S. to reach 2050 carbon goals, 200,000 commercial buildings must be retrofitted per year. That is a 5 to 10x increase from today's status quo industry process run rate," stated Todd Michaels, President and CEO of the Company.Channing Chen was appointed to serve as the Chief Financial Officer of Triccar Inc. on January 18, 2022. Previously, he was the founder and Managing Partner of Breakaway Energy Partners, LLC a solar finance and capital markets advisory firm where he led the financing and sale of distributed solar and energy storage projects for clients from 2017 to 2021. From 2006 to 2017, Mr. Chen served as Vice President of Corporate Finance at Solar Power Partners, Inc (acquired by NRG Energy in 2011), Vice President and General Manager at SunEdison, and Vice President of Structured Finance at NRG Energy (NYSE: NRG), leading teams that raised over $1.5 Billion in institutional equity and non-recourse financing across residential, commercial, and utility-scale solar projects. Mr. Chen holds a Bachelor of Arts in Environmental Chemistry from U.C. San Diego and an MBA from the University of Southern California. Mr. Chen is also an advisor and early-stage investor to several startup companies in the renewable energy space and serves on the b...

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