Spearmint Energy, a renewable energy company focused on battery energy storage, has hired Cory Magnuson as chief financial officer.
Magnuson will be responsible for managing Spearmint’s financial operations in support of its development of battery storage projects across the U.S. He brings nearly 20 years of project finance, corporate finance and accounting experience to Spearmint. He was previously the vice president of finance at BrightNight. Prior that, he was a director of global energy infrastructure assets at BlackRock, where he led structuring review for new fund investments and developed formal asset valuation processes. He has also served as a controller on the accounting teams of Novatus Energy, Sithe Global Energy and Foothills Bank.
“As a fierce advocate of the acceleration of green energy, we will look to leverage Cory’s deep project finance and energy infrastructure expertise to help Spearmint continue to execute its development pipeline in the most cost-effective manner,” says Richard Cardone, chief operating officer of Spearmint.