Tuesday, March 13, 2012

Sunrun Names New CFO

San Francisco-based Sunrun, the solar power lease and financing startup backed by Accel Partners, Foundation Capital and Sequoia Capital, said Tuesday that it has named Barak Ben-Gal as its Chief Financial Officer. Ben-Gal joins from Support.com, where he was Vice President of Finance. Ben-Gal has also served at Yahoo and the Oakland Unified School District. Sunrun is a provider of power purchase agreement (PPA) programs for the residential homeowner market, which makes it possible for homeowners to install solar power without a large capital investment. The firm said it has raised financing for more than $800M in solar installations.