FIGTREE provides breakthrough long-term PACE (Property Assessed Clean Energy) financing to help commercial and residential property owners improve their properties and realize the money-saving benefits of energy efficiency, renewable energy and water conservation upgrades with $0 down.
FIGTREE helps contractors and property owners by providing financing for energy projects that may not be suited for traditional funding vehicles. FIGTREE’s unique brand of PACE financing also helps cities and counties create jobs, spur economic development and meet their AB 32 goals utilizing no public monies.
Mahesh ShahChief Executive Officer
Mr. Shah is a seasoned financial and business executive with M.B.A., CPA and FCA designations and 25 years of accomplishments in the management and financing of early-stage and emerging growth companies. Mr. Shah is experienced as CEO, CFO, financial and strategy consulting and investment banker and skilled at accounting, financing, financial analysis and financial reporting. Mr. Shah has an extensive experience with financial transactions as well as mergers/acquisitions, strategic alliances/ business partnerships, business development, strategic planning, and road shows/investor relations.
At FIGTREE, Mr. Shah leads the company as the Chief Executive officer and oversees the development and adoption of the FIGTREE PACE program and leads the company's efforts to develop business and financial alliances. His considerable knowledge of the finance industry and familiarity with the investment community are put to good use each day.
Before joining FIGTREE, he was CFO of Pipeline Software, Inc., CEO of Signet Technologies, Inc., CFO of GroupComm Systems, Inc., Founder and Principal of Strategic Planning Group, and a senior consultant at Coopers & Lybrand Financial Advisory Services Group.
Mr. Shah earned his Bachelor's degree in Business Commerce from St. Xavier’s College in Calcutta, India. His Masters came from the University of Rhode Island. Mr. Shah is a licensed CPA in the state of California and holds a Chartered Accountant designation from the Institute of Chartered Accountants of India.
Joe FloresVice President of Municipal Finance
Mr. Flores serves as the leader of the Government Services department. His professional career in creating and administering special financing districts (over 200 districts with 62 public agencies) makes FIGTREE a leader in PACE related financing products.
Mr. Flores has extensive experience in the arena of public finance, and has substantial capabilities in a broad range of the capital markets including stocks, bonds, mutual funds, and options. He has helped public agencies throughout California raise revenue for local capital improvements and new housing developments.
Mr. Flores holds a Bachelor of Arts in Psychology and Computer Programming/Business Administration from the University of California, Los Angeles.
James T. StoutDirector of Finance
Mr. Stout manages strategic initiatives for Figtree energy financing programs. His role integrates public finance with the latest developments in clean energy to design financing programs relevant to the rapidly evolving market for alternatives to conventional energy and water consumption.
Prior to joining Figtree, Mr. Stout was active in economic modeling and accounting for commercialization of a clean energy technology with a growth-mode company based in Houston, Texas. He has been active in researching clean energy trends, including carbon markets, and has been a member of clean energy professional groups in the United States and Hong Kong.
Mr. Stout holds an International Master of Business Administration from Pepperdine University and Hong Kong University of Science and Technology and a Bachelor of Science in Business Administration from Pepperdine University.