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Ally Financial Expands Its Reach into Energy and Infrastructure Financing

Ally Financial Inc., a prominent player in the financial sector, has recently revealed the establishment of a dedicated Corporate Finance division tailored for the ever-evolving energy and infrastructure industries. This new branch is set to concentrate on innovative financing solutions specifically within the power, energy, and digital sectors. The initiative represents Ally's commitment to fostering sustainable growth in vital areas that contribute to the nation's future.

A New Focus on Energy and Infrastructure

In recent years, the U.S. has witnessed a major shift towards renewable energy sources, accompanied by a growing need for investment in robust infrastructure. Recognizing this trend, Ally's new Energy and Infrastructure Finance group aims to meet the capital requirements that arise from this energy transition. The division will be led by industry veteran Dan Bernstein, who boasts two decades of experience in project finance in the energy realm. Bernstein's leadership is expected to infuse the group with the necessary expertise to navigate the complexities of financing in this crucial sector.

Joining Bernstein is a talented team of experts including Kyle Andrucyk, Amanda Winchester, Marcos Donnelly, and Emily Goldstein, each armed with substantial industry knowledge and insight. Reporting directly to Bill Hall, the president of Ally Corporate Finance, the new division is primed to create custom financing solutions tailored to the varied needs of their clients.

Meeting Modern Financing Needs

The Energy and Infrastructure Finance group will facilitate debt financing for a range of projects, including solar and wind developments, traditional fuel sources, battery storage systems, and the construction of data centers and power plants. By providing bespoke financing options, Ally aims to empower businesses to address their most pressing growth and funding challenges effectively.

Dan Bernstein emphasized the importance of renewable energy, stating, "The ongoing energy transition—particularly in renewable energy and transitional power—is becoming increasingly crucial for economic growth and sustainability. With promising investment opportunities on the horizon, we are excited about our ability to deliver tailored financing solutions that can help our clients succeed."

Bill Hall echoed Bernstein's sentiments, highlighting the organization's strengths in combining significant capital resources with a seasoned team in the energy finance landscape. "Our goal is to harness our unique relationship-driven approach to support sectors that are vital for both infrastructure and sustainable development," Hall concluded.

Ally Financial: A Snapshot

Ally Financial Inc., listed on the NYSE as ALLY, is renowned for being at the forefront of financial services, offering a fully digital banking experience alongside leading auto financing options. The company prides itself on its ethos of doing what is right for its customers and communities. Beyond auto financing, Ally provides a myriad of services, from deposits to securities brokerage and investment advisory.

As Ally continues to adapt to the changing market dynamics, the establishment of this Corporate Finance division marks a key strategy in fostering innovation and sustainability within critical infrastructure sectors. The successful financing of energy projects is becoming ever more essential as businesses and governments pivot toward more sustainable solutions. As the energy landscape transforms, Ally Financial’s proactive approach puts them in a favorable position to address the finance needs of tomorrow.

For further details about Ally Financial and its new initiatives, visit www.ally.com.