Energy technology company Nextility recently hired Joyce Ferris as its chief financial officer (CFO), the company announced.
Ferris joins Nextility from Blue Hill Partners, where she was the founder and a managing partner. Ferris brings more than three decades of experience in the clean energy finance space.
“Joyce is the right fit for Nextility,” said Zach Axelrod, CEO of Nextility. “Her successful track record raising capital, closing deals and providing executive leadership will be vital to Nextility as we continue to grow.”
Ferris served as a member of Nextility’s board before joining the company as CFO. She has been an entrepreneur in the energy technology industry for more than 30 years and is passionate about building businesses and projects in the sector. At Blue Hill Partners, she has invested in more than a half dozen energy efficiency companies. She raised $18 million in assets under management from public and private sources. She also raised an additional $10 million in follow on capital for multiple portfolio companies.
“Having done due diligence work on more than 100 energy companies, I have a strong understanding of the attributes of a successful company,” Ferris said. “Nextility is well-positioned to continue its impressive growth, and I’m excited to help lead this effort.”
The hire of Ferris continues the company’s recent momentum. In September, the company rebranded its name from Skyline Innovations. The change was made with the addition of a new retail energy brokerage line of business, Nextility Power and Gas to complement its Solar Energy offerings (solar hot water and photovoltaic). Nextility’s service uses innovative new technology to provide small businesses with a better way to buy and manage their energy.
Nextility also will be aggressively expanding its solar hot water and electricity service by expanding into new markets, including Delaware and New York, and continuing its focus on affordable and multifamily housing.