Pegasus Capital Advisors announced the expansion of its renewable infrastructure investment strategy and addition of three new executives to its team: Ron Klein, Marco Krapels and Edward Levin. Klein, Krapels and Levin join from Rabobank, and each brings extensive experience in the renewable infrastructure sector to Pegasus as the firm broadens its clean energy focus. The team has collectively deployed more than $3 billion of capital in the renewable sector.

“Pegasus is committed to our sustainable business investment platform, which is why we are interested in the renewable energy infrastructure sector, and we believe that they will bring invaluable insight and sourcing to our investment strategy.”

“We are delighted to welcome Marco, Ron and Edward to the team as we continue to expand Pegasus along our resource scarcity strategy,” said Craig Cogut, founder of Pegasus Capital. “Pegasus is committed to our sustainable business investment platform, which is why we are interested in the renewable energy infrastructure sector, and we believe that they will bring invaluable insight and sourcing to our investment strategy.”

Prior to joining Pegasus, Klein served as managing director of the Renewable Energy and Infrastructure Finance Group at Rabobank in New York. As a founding member of the group, he led major project financings for a large number of wind and solar power projects in the U.S. and overseas. Klein brings more than 25 years of banking experience to Pegasus having held positions at various financial institutions including Mellon Bank, TIAA-CREF and Fuji Bank.

Krapels brings 20 years of banking experience to Pegasus, including renewable energy project finance, structured finance and credit. He most recently served as executive VP at Rabobank, where he was also a member of the bank’s credit committee. Krapels spent 18 years at the bank and most recently headed up Rabobank’s capital markets and specialty finance areas, including its renewable energy finance division in California. He also served as co-chair of its Corporate Social Responsibility Committee.

Levin brings to Pegasus a broad 15-year background financing renewable energy and infrastructure projects. Most recently, he served as executive director at Rabobank in New York and focused on renewable energy, where he was responsible for the bank’s activities in the renewable energy tax equity and debt sectors. Prior to joining Rabobank, he was a VP in the Global Structured Products Group of Morgan Stanley, where he executed principal transactions in the solar, wind and geothermal sectors. Prior to Morgan Stanley, Levin practiced law with Clifford Chance and served at International Finance Corp., a subsidiary of the World Bank Group.