Nextility Adds New CFO, Continues Momentum Following Power & Gas Services Expansion

Energy Finance Leader Joyce Ferris Joins to Accelerate Growth

Washington, D.C. November 03, 2014 – Today, leading energy technology company Nextility announced the hire of Joyce Ferris as its Chief Financial Officer (CFO). Ms. Ferris joins Nextility from Blue Hill Partners, where she was the Founder and a Managing Partner. Ms. Ferris brings more than three decades of experience in the clean energy finance space.

“Joyce is the right fit for Nextility,” said Zach Axelrod, Nextility CEO. “Her successful track record raising capital, closing deals and providing executive leadership will be vital to Nextility as we continue to grow.”

Ms. Ferris served as a member of Nextility’s board before joining the company as CFO. Joyce has been an entrepreneur in the energy technology industry for 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,” said Ms. Ferris. “Nextility is well-positioned to continue its impressive growth, and I’m excited to help lead this effort.”

The hire of Ms. Ferris continues the company’s recent impressive momentum. In September, the company rebranded its name from Skyline Innovations. This 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 utilizes innovative new technology to provide small businesses with a better way to buy and manage their energy.

Nextility will also be aggressively expanding it’s industry leading solar hot water and electricity service by expanding into new markets, including Delaware and New York, and continuing it’s focus on affordable and multifamily housing.

ABOUT NEXTILITY

For businesses of all types and sizes that want better energy rates, Nextility is a new type of energy company that uses advanced technology to ensure that businesses are getting the most out of their energy dollars – at no additional cost. The company is headquartered in Washington, DC, with offices in Los Angeles, San Diego, and Puerto Rico. Inc. Magazine recently named the company as the 688th fastest growing company in America, and one of the 10 fastest growing companies in Washington D.C.