Ally Financial Inc. (NYSE: ALLY) has announced the launch of a new Corporate Finance division focused on energy and infrastructure finance, specifically targeting the power, energy, and digital sectors. This initiative is part of Ally’s commitment to delivering tailored financing solutions that meet the evolving needs of businesses operating in these vital industries.
The newly established Energy and Infrastructure Finance group will build on Ally Corporate Finance’s legacy of delivering client-centric, sector-specific solutions. The platform will leverage the team’s experience to address the capital needs of the U.S. energy transition.
The group will be led by Dan Bernstein, who brings 20 years of experience in structuring and leading senior-secured project finance transactions in the power and energy space. Bernstein will be joined by industry experts including Kyle Andrucyk, Amanda Winchester, Marcos Donnelly, and Emily Goldstein. The group will report to Bill Hall, president of Ally Corporate Finance.
“The ongoing energy transition, particularly renewable energy and transitional power is increasingly essential to economic development and sustainability,” said Bernstein. “With significant investment opportunities on the horizon, we see tremendous potential to provide customized financing solutions that empower our existing and future clients to thrive.”
The Energy and Infrastructure Finance group will provide debt financing for power and energy projects, including solar, wind, conventional fuels, battery storage systems, power plant and data center construction and acquisition, distributed generation, and more.