GE unit, GE Energy Financial Services, announced yesterday the appointment of Denise Persau Tait as Managing Director of the company’s Debt Group.
In this role, Denise will lead the team focused on originating debt investments in thermal power, renewable energy, and midstream and upstream projects, in the U.S. and globally. The team has presence in Houston, Dallas, New York, Stamford and internationally.
During her tenure with GE, Denise has played an instrumental role in the growth of the company’s debt book. A key focus of the group has been the expansion into quasi-merchant transactions, where GE Energy Financial Services has been a leader in arranging and structuring financing for large, new build power projects. In its most recent debt transaction, GE Energy Financial Services co-led financing for $592 million in senior secured credit facilities to support the Caithness Moxie Freedom Project, which will be powered by two GE 7HA.02 gas turbines.
David Nason, President and CEO at GE Energy Financial Services, said:
“Denise demonstrates strong customer focus and brings the right skills and experience needed to continue our support of project sponsors in our market. Originating transactions in the debt markets is a key priority and supports the industrial goals of our parent company.”
Based in Stamford, Tait brings extensive financing expertise in thermal, renewable and pipeline projects located around the world. She is a 20-year veteran of GE Capital and held various positions in Portfolio, Risk and Sales through 2003 in the Commercial Equipment Finance business. She started with GE Energy Financial Services in 2004. Tait earned a B.S. in Finance at American University in Washington, DC.