Andy Matthy Joins Independent Board of Directors of iSun, Inc | Business and finance

BURLINGTON, Vermont – (BUSINESS WIRE) – June 2, 2021–

iSun, Inc. (Nasdaq: ISUN) (“ISUN” or the “Company”), a leading solar energy and clean mobility infrastructure company with 50 years of experience in building solar services, electrical and data, today announced that Andy Matthy, Managing Partner at Cipactil, will replace Daniel Dus on the Company’s Independent Board of Directors effective June 2. Andy is a long-time industry expert, renewable energy executive recruiter and corporate funder who has focused his career on supporting the rapid growth of companies in the industry for nearly a decade.

Jeffrey Peck, CEO of iSun, commented: “Andy brings significant experience with high growth companies and a history of accessing both talent and capital in the renewable energy sector at a key point in the trajectory. growth of iSun. Having helped build businesses in solar, energy storage and electric mobility from the ground up, and during times of rapid expansion, Andy had a unique perspective on how to structure effective organizations across our core business areas. We look forward to Andy’s contributions to our Board of Directors as we continue to grow iSun.

Mr. Matthy previously served as Vice President of Hobbs & Towne, one of the first executive search firms to focus on cleantech. In this role, he has placed senior executives in several of the industry’s leading platforms, often forming entire teams to facilitate entry into new markets. Starting his career at Iron Mountain, Andy has nearly twenty years of building teams for leading finance and renewable energy companies, advising on strategy, compensation, capital structuring and more.

Andy commented, “We are seeing unprecedented growth in cleantech companies across the spectrum, and access to high quality human resources and the right business partnerships are increasingly important to facilitate this. continuous expansion. iSun is uniquely positioned to take advantage of these growing markets following its acquisition of SPAC in 2019 and given its nearly 50-year history of executing extremely complex projects. I am very excited about the next few years, for the market in general, and iSun in particular.

Based in Williston, VT, iSun, Inc. (NASDAQ: ISUN) is a company rooted in values ​​that align people, purpose, innovation and sustainability. Ranked by Solar Power World as one of the leading commercial solar entrepreneurs in the United States, iSun provides customers with clean solar energy and mobility infrastructure for projects ranging from smart solar charging of cellphones and electric vehicles to large renewable energy solutions. Since entering the renewable energy market in 2012, iSun has installed more than 400 megawatts of rooftop, ground, and carport solar systems for electric vehicles (equivalent to the power required for 76,000 homes). We continue to focus on profitable growth opportunities. For more information visit www.isunenergy.com.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding (i) the plans, objectives, expectations and intentions of iSun and other statements contained in this press release that are not historical facts; and (ii) other statements identified by words such as “expects”, “anticipates”, “intention”, “plans”, “believes”, “research”, “estimates”, “objectives” , “Plans” or similar words meaning generally intended to identify forward-looking statements. These forward-looking statements are based on the current beliefs and expectations of the respective management of iSun and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of iSun. In addition, these forward-looking statements are subject to assumptions regarding future business strategies and decisions which are subject to change. Actual results may differ materially from the anticipated results discussed in these forward-looking statements due to possible uncertainties.

KEYWORD: UNITED STATES NORTH AMERICA VERMONT

INDUSTRY KEYWORD: ALTERNATIVE ENERGY ENERGY OTHER ENERGY SERVICES

Copyright Business Wire 2021.

PUB: 06/02/2021 17:44 / DISC: 06/02/2021 17:44

Copyright Business Wire 2021.


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