Sparkfund Strengthens Leadership Team with Appointment of Accomplished Distributed Energy CFO
Bill Bush brings over 20 years of experience in the energy industry, including more than 15 years as CFO, to drive Sparkfund’s growth and expansion of the Distributed Capacity Procurement (DCP) model
WASHINGTON–(BUSINESS WIRE)–#Energy–Sparkfund, a leading utility services company specializing in DER deployment services for utilities, energy majors, and building owners, today announced the appointment of Bill Bush to its leadership team as Chief Financial Officer.
Bush brings a wealth of experience from high-growth, capital-intensive environments. Sparkfund is bringing Bush on during a time of rapid growth in its Distributed Capacity Procurement (DCP) model, a critical growth inflection point for the company. In his most recent role, Bush was instrumental in scaling Stem to approximately $450 million in revenue by building strong financial, operational, and investor relations functions.
“We are thrilled about the unique expertise and vision Bill brings to our executive leadership team. With his background, he’ll support our mission of transforming buildings into a valuable extension of the energy grid,” said Pier LaFarge, Co-founder and Chief Executive Officer at Sparkfund. “Bill’s deep knowledge of capital strategy, his hands-on analytical approach, commercial orientation and proven ability to drive operational performance make him an outstanding addition to our executive team.”
In his role, Bush will oversee the company’s financial strategy, operational efficiency, and investor relations to support the expansion of Sparkfund and its DCP model. His leadership will be key in driving sustainable growth, optimizing financial performance, and positioning the company as a leader in the evolving energy landscape.
“This is a pivotal moment for Sparkfund and I’m especially looking forward to seeing the impact that the DCP model has on the energy industry,” said Bush. “I am grateful for the trust from Pier and the management team and Board.”
Before joining Sparkfund, Bush served as the CFO at several energy companies, including Stem, Inc. While at Stem, he played a key role in taking the company public, raising over $200 million in private equity funding and several project finance rounds greater than $400 million, and raised nearly $800 million to fund growth and led two convertible debt offerings totaling $550 million. He also served as CFO at Borrego Solar and Solar Semiconductor Ltd. Bush holds a Bachelor of Science in Business Administration from the University of California, Berkeley and is a CPA.
About Sparkfund
Sparkfund is the distributed energy resources (DERs) deployment layer for the built environment, transforming buildings into a valuable extension of the grid. With over a decade of experience as a utility services company, Sparkfund has pioneered a smarter approach to DER deployment services. Through its Distributed Capacity Procurement (DCP) model, Sparkfund enables utilities to plan, deploy and dispatch DERs at the scale and pace necessary to meet load growth demand and unlock the full value of the grid.
With more than 3,500 projects deployed across 43 states–creating over $500 million in energy system value–Sparkfund is helping unlock the built environment for the benefit of our society.
To learn more about Sparkfund, visit sparkfund.com.
Contacts
Media
Liz Benavides
(512) 740-3872
Liz@ink-co.com
