Caroline Angoorly – a veteran of NRG Energy and Enel Green Power – will act as chief operating officer, coming from her current position as principal at GreenTao LLC, an energy and environmental consultancy in New York City.

Nicholas Whitcombe will head up portfolio management within the NYGB, which in February began accepting applications for loans.

Whitcombe served most recently as a senior investment officer within the US Department of Energy’s Loan Programs Office, where he oversaw more than $1bn in loan guarantees for distributed solar – an area expected to be one of the NYGB’s primary targets.

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