Paul Scharfenberger is the Executive Director of the Colorado Clean Energy Fund (CCEF) – CO’s recently incorporated nonprofit “Green Bank”. Paul is responsible for identifying unserved and underserved clean energy opportunities in Colorado and working with a variety of stakeholders to structure creative and attractive finance solutions to bring those opportunities to fruition.
Prior to joining CCEF, Paul was the Chief Operating Officer of the Colorado Energy Office where he developed various public private partnerships that deployed >$100M to address clean energy finance challenges and gaps in Colorado’s energy markets. Most notably, Paul was the lead author on multiple pieces of legislation that enabled Commercial Property Assessed Clean Energy (C-PACE) in Colorado and he Chaired the Board of Directors that created and launched the highly successful Colorado C-PACE program. In addition to his C-PACE efforts, Paul also supported the development of a statewide residential energy efficiency loan program in partnership with a local credit union, managed a $20M+ clean energy revolving loan fund on behalf of the State, and oversaw Colorado’s state volume cap of Qualified Energy Conservation Bonds (QECBs).
In addition to a Bachelor of Science (BS) in Finance from Fairfield University in Connecticut, Paul holds a Master’s of Business Administration (MBA) with a focus in Finance and a Master’s of Science (MS) with a focus in energy policy, markets and technologies from the University of Colorado at Boulder.