EVP, America BRIGHT Solar

Job Title: Executive Vice President, America BRIGHT

Department: Executive

Supervisor: CEO

FLSA Status: Exempt

Work Location: Remote, but able to travel as needed

About Capital Good Fund

Capital Good Fund is a nonprofit, U.S. Treasury-certified Community Development Financial Institution headquartered in Providence, RI. Founded in 2009, our mission is to create pathways out of poverty and advance a green economy through inclusive financial services. 

About America BRIGHT Solar

In 2023, Good Fund launched Georgia BRIGHT, one of the first Third-Party-Owned (“TPO”) solar programs where a nonprofit is the lessor / PPA provider. Made possible by the new Direct Pay provisions in the Inflation Reduction Act, the BRIGHT program has already resulted in nearly two-megawatts of solar and one-megawatt-hour of storage being installed on the homes of low-income homeowners in Pennsylvania and Georgia, and the facilities of houses of worship and nonprofits in Georgia. In April 2024, the EPA recognized the BRIGHT model by awarding Good Fund a $156M Solar for All (“SFA”) grant to reach 16,000 low-income Georgians with over 90-mW of solar and 30-mWh of storage by 2029.

Numerous stakeholders with a similar focus on underserved communities and households have expressed interest in bringing the BRIGHT model to their states. These include other SFA awardees, such as the Nevada Clean Energy Fund, and green banks, such as the New Mexico Clean Investment Center.

Summary

We are seeking an Executive Vice President, America BRIGHT who will transform BRIGHT from one of several Good Fund product lines to a standalone subsidiary nonprofit that is 100% focused on deploying 500-megawatts of solar and storage across residential, C&I, and small community solar projects by 2031, with every watt directly or indirectly benefiting low-income households and communities.

The EVP will act as an "entrepreneur-in-residence," taking the success of the pilots in Georgia and Pennsylvania and scaling it to Nevada and New Mexico, while also working with our Director of Pennsylvania BRIGHT to launch a commercial PPA in Pennsylvania (complementing our existing residential lease in the Commonwealth).

Key Responsibilities

The EVP, America BRIGHT will be responsible for:

• Overseeing the creation of the America BRIGHT Solar subsidiary nonprofit
  • Establishing a Board of Directors
  • Refining the America BRIGHT business plan and financial model
• In collaboration with Human Resources, recruiting, hiring, onboarding, and managing a start-up team that includes:
  • State-level directors (i.e., Director of Nevada BRIGHT)
  • Director of BRIGHT Accounting 
  • A lease/PPA servicer
  • IT and compliance/legal staff
• Engaging with external stakeholders, such as:
  • State project sponsors (e.g., NCEF)
  • Capital providers
  • Outside counsel
  • IT consultants and/or vendors
  • Community members and solar installers (EPCs)
• Identifying and executing growth opportunities:
  • Geographic expansion beyond initial states
  • New product development (e.g., C&I portfolio in Nevada or Pennsylvania)
  • Capital raising to support expansion
  • Strategic hiring to execute growth initiatives

Reporting & Organizational Structure

The EVP, America BRIGHT will report to Capital Good Fund's CEO and work closely with Good Fund's leadership team to establish the organization and programs.

As a semi-autonomous subsidiary nonprofit, America BRIGHT will:

• Share services with Good Fund (accounting software, audit functions, payroll)
• Be responsible for managing its ongoing capital and operational budgets
• Have latitude to identify opportunities for expansion and growth

REQUIRED QUALIFICATIONS:

Leadership & Management 

• Proven experience in executive leadership roles
• Demonstrated ability to build and lead high-performing teams
• Success in managing cross-functional stakeholders

Solar Industry Expertise 

• Deep understanding of solar project development lifecycle
• Experience with third-party ownership structures (leases/PPAs)
• Familiarity with the Inflation Reduction Act and Direct Pay provisions

Business Development

• Proven ability to identify and develop new market opportunities
• Experience scaling programs or organizations
• Strategic planning and execution skills
• Relationship-building with diverse stakeholders

Regulatory & Policy Knowledge

• Understanding of state-level solar policies and incentives
• Experience navigating utility regulatory environments

Preferred Qualifications:

Nonprofit & Financial Skills

• Experience working within nonprofit structures
• Strong financial modeling and analysis capabilities
• Track record of successful fundraising or capital raising
• Budget management of $1M+ programs/organizations
• Advanced degree in Business, Public Policy, Environmental Studies, or related field
• Direct experience with green banks, CDFIs, or other mission-driven financial institutions

Compensation & Benefits

Salary Range: up to $162,750 commensurate with experience

The EVP, America BRIGHT will receive a competitive Benefits Package that includes:

• A 401(k) plan with a dollar-for-dollar employer match up to 4% of gross earnings
• Medical, Vision, and Dental insurance options available
• 15 paid vacation days in year one; 40 hours of personal time for medical appointments and other personal appointments
• The opportunity to apply for personal loans of up to $2,000 at 0% interest
• Flexible scheduling, work from home, and 14 paid holidays

Any offer of employment is contingent upon completion of a background check.

Capital Good Fund is committed to creating a diverse environment and is proud to be an equal opportunity employer. Good Fund welcomes every protected characteristic including: race, color, religion, sex, gender, sexual orientation, or gender identity. All are encouraged to apply.

Location

This position offers flexibility with remote work options. Regular travel will be required to Pennsylvania, Georgia, Nevada, New Mexico, and future expansion states.

Physical Requirements

Prolonged periods of sitting at a desk and working on a computer.

Must be able to lift up to 15 pounds at times.

Any offer of employment is contingent upon completion of a background check.

Capital Good Fund is committed to creating a diverse environment and is proud to be an equal opportunity employer. Good Fund welcomes every protected characteristic including: race, color, religion, sex, gender, sexual orientation, or gender identity. All are encouraged to apply.

NO RECRUITERS OR AGENCIES, PLEASE.