2012 KEF News
Key Equipment Finance's David Ten Kroode and Doug Beebe to present at 3rd Annual Solar Power Projects Conference
Solar equipment financing trends for the Southeast Region among presentations for April 12 conference in Atlanta.
SUPERIOR, Colo. – April 9, 2012 – Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY) today announced that David ten Kroode, senior vice president of energy finance, and Doug Beebe, vice president of energy finance, will present at the “3rd Annual Solar Power Projects: A Focus on the Southeast” on Thursday in Atlanta.
Ten Kroode leads the energy business for Key Equipment Finance. He played an instrumental role in the financing of distributed solar installations in the U.S., including a 5.3-Megawatt system at Princeton University installed on 27 acres and slated for completion this summer. He will address solar equipment financing topics, including creative financing methods and the benefits of leasing vs. power purchase agreements (PPAs), among other subjects.
Beebe, who joined Key Equipment Finance in February and has more than 20 years of finance and management experience, will speak on the stakes for solar in the Southeast region, including the North Carolina model, policies and procedures in profile, and the solar forecast, among other topics. Prior to joining Key Equipment Finance, Beebe worked for more than two years at Deutsche Leasing USA, a U.S. subsidiary of a German equipment leasing company. Previously he spent six years at CitiCapital Construction Equipment Finance, where he held leadership roles of increasing responsibility in field sales, management and vendor finance program management. Beebe also served on the board of directors of the Georgia Solar Energy Association.
About Key Equipment FinanceKey Equipment Finance is one of the largest bank-based equipment finance providers in the U.S. The company provides tailored equipment lease and finance solutions for commercial clients and government entities. Through its vendor services unit, equipment finance programs are developed for manufacturers, distributors and resellers in the U.S., Canada and Europe. Key Equipment Finance also provides lease capital markets support for corporations looking to optimize risk and revenue.
Headquartered outside Denver, Colorado, Key Equipment Finance manages $8 billion in assets and originates over $3 billion of equipment financing annually. The company has management and operations bases in Albany, New York; London, England; Frankfurt, Germany; Madrid, Spain; Milan, Italy; Paris, France and Toronto, Canada. The company, which supports clients in over 30 countries, employs approximately 575 people worldwide and has been in the equipment financing business for over 35 years. For more information, visit www.KEFonline.com.
About KeyCorpKeyCorp traces its roots back more than 160 years ago and is headquartered in Cleveland, Ohio. One of the nation's largest bank-based financial services companies, Key has assets of approximately $89 billion as of December 31, 2011.
Key provides deposit, lending, cash management and investment services to individuals and small businesses in 14 states under the name of KeyBank N.A. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.
For more information, visit www.key.com. KeyBank is Member FDIC.