Provider of climate insurance for renewable energy assets, kWh Analytics has announced the appointment of Michael Bachrodt as the company’s new Chief Operating Officer.
Bachrodt has over 20 years of project finance, transaction management, and underwriting experience, most recently serving as Vice President, Structured Finance for OYO Hotels where he led global debt and growth capital initiative.
He also served as Senior Vice President for Bridge Bank, where he led the renewable energy project finance group. In prior roles, Bachrodt led project finance transactions at SunEdison and negotiated power purchase agreements at Pacific Gas & Electric Company.
“kWh Analytics has tremendous growth prospects. They are truly proving themselves as data-driven leaders in renewable energy and asset insurance,” notes Bachrodt. “I’m thrilled to join this enterprising team at such an exciting time.”
Bachrodt’s appointment follows kWh Analytics’ $20 million Series B funding announcement in February, which the firm plans to use to develop additional solutions to support solar, wind, and storage asset owners and investors, also bringing these solutions to new international markets.
In addition, kWh Analytics has also been recognized on FinTech Global’s ESGFinTech100 list for their data and climate insurance innovations, the firm pointed out.
Jason Kaminsky, CEO of kWh Analytics, commented: “We’re entering an exciting new phase as we continue to scale and launch new products that support the energy transition.
“Michael’s combination of insurance and renewable energy finance expertise and considerable executive leadership experience makes him a perfect fit for kWh Analytics.”
