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RGS Energy (RGSE) Announces Dennis Lacey as Senior Vice President of Finance

Nationwide leader of turnkey solar energy solutions for residential, commercial, and utility customers, RGS Energy, has appointed Dennis Lacey to the new role of senior vice president of finance. He will be responsible for managing and implementing the company’s residential lease financing program.

“We welcome Dennis’ deep knowledge and executive experience in public and private equipment lease finance companies,” stated Kam Mofid, RGS Energy’s CEO. “He is an ideal executive for developing our residential solar leasing program having been the CEO of a publicly traded leasing company and having started the leasing division for a NYSE listed bank.”

Lacey brings to RGS Energy over 25 years of executive financial management experience. Previously, he held executive financial positions at Imperial Bancorp, a $6 billion publicly traded commercial bank well known for its high-tech lending practice before it was eventually acquired by Comerica. It was at Imperial Bancorp that Lacey acted as executive vice president and CFO, president of the SBA Division, and president of the Equipment Leasing Division. Before joining Imperial Bancorp, he served as president and CEO of Capital Associates, a publicly traded equipment leasing company.

In addition, Lacey previously held the role of CFO at multi-billion dollar publicly traded companies TeleTech and CKE Restaurants, as well as held the position of head of capital markets for a private investment firm engaged in aircraft leasing and other alternative asset investment and management. Earlier in his career, Lacey was an audit partner at Coopers & Lybrand.

“I am excited to join RGS Energy and lead the development of our in-house leasing program for residential solar. This new financing capability will augment our already strong relationships with third-party financiers, allowing us to accelerate growth while benefiting from the long-term ownership of the solar assets we originate and deploy. We will continue to also offer cash sales and loan options as we do today to ensure we always can meet the specific economic objectives of our customers,” commented Lacey.

To learn more about RGS Energy, please visit www.RGSEnergy.com

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