Rachel Brombaugh

Managing Director - Washington at PACE Equity, LLC
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Contact Information
us****@****om
(386) 825-5501
Location
Seattle, US

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Experience

    • United States
    • Financial Services
    • 1 - 100 Employee
    • Managing Director - Washington
      • Nov 2022 - Present

      Seattle, Washington, United States PACE Equity funds energy efficiency and renewable energy projects through the Commercial Property Assessed Clean Energy (C-PACE) financing mechanism. As Washington State Managing Director, I lead all outreach, communications, and business development activities, including: originating and qualifing leads, and underwriting and structuring financing solutions for new construction and in the existing built environment. Develop partnerships with service providers, consultants, and financial… Show more PACE Equity funds energy efficiency and renewable energy projects through the Commercial Property Assessed Clean Energy (C-PACE) financing mechanism. As Washington State Managing Director, I lead all outreach, communications, and business development activities, including: originating and qualifing leads, and underwriting and structuring financing solutions for new construction and in the existing built environment. Develop partnerships with service providers, consultants, and financial intermediaries for mutual benefit. Advocate for beneficial C-PACE enabling policy at state and local government levels. Show less

    • United States
    • Government Administration
    • 700 & Above Employee
    • Director, Climate and Energy Initiatives
      • Jan 2020 - Nov 2022

      Led a cross-matrixed interdepartmental team to develop, implement, track, and report on King County’s Strategic Climate Action Plan, the blueprint for emission reductions, climate equity, and preparedness for County operations and at the community wide scale. Developed policy and programs to advance goals of the Plan, including a heat pump distribution program for disproportionately impacted and low-income residents, internal vehicle electrification strategy, Climate Action Toolkit… Show more Led a cross-matrixed interdepartmental team to develop, implement, track, and report on King County’s Strategic Climate Action Plan, the blueprint for emission reductions, climate equity, and preparedness for County operations and at the community wide scale. Developed policy and programs to advance goals of the Plan, including a heat pump distribution program for disproportionately impacted and low-income residents, internal vehicle electrification strategy, Climate Action Toolkit, building and energy codes, and a wind energy power purchase agreement. Managed and strengthened relationships with external partners, including businesses, residents, climate advocacy organizations, and local governments to advance the County’s sustainability goals. Facilitated the King County-Cities Climate Collaboration Elected Official Workgroup meetings. Researched and recommended strategies for new and emerging decarbonization technologies including direct air capture, low embodied carbon material, and sustainable aviation fuels. Policy advisor to King County Executive and senior leadership on broad range of climate-related legislation at the federal, state, and local government level. Led, in partnership with internal communications teams, information sharing on County climate activities to a wide range of audiences.

    • Executive Energy Policy and Partnerships Manager
      • Sep 2016 - Jan 2020

      Seattle, WA Served as King County’s leader, catalyst, and connector for the expansion of energy efficiency investments and renewable energy production. Developed and managed relationships with external partners, including businesses, residents, advocacy organizations, and local governments. Advised on strategies and targets in alignment with County operations and climate goals. Led collaborative efforts on multiple projects that advanced policy objectives.

    • United States
    • Business Consulting and Services
    • 1 - 100 Employee
    • Board Member
      • Jun 2012 - Jun 2018

      Seattle, WA Spark Northwest works to establish a clean, diverse, and affordable energy system that promotes sustainable economic growth and energy security. Working collaboratively with communities, utilities, housing and public authorities, and other stakeholders, Spark Northwest will increase access for all economic and social groups to clean energy, mitigating the effects of climate change on those who are least resilient to its effects. Rachel held leadership roles of Chair and Treasurer during her… Show more Spark Northwest works to establish a clean, diverse, and affordable energy system that promotes sustainable economic growth and energy security. Working collaboratively with communities, utilities, housing and public authorities, and other stakeholders, Spark Northwest will increase access for all economic and social groups to clean energy, mitigating the effects of climate change on those who are least resilient to its effects. Rachel held leadership roles of Chair and Treasurer during her tenure on the Board. She led the organization through strategic planning and brand repositioning with the support of Social Venture Partners, resulting in increased visibility and organizational growth. Show less

    • United States
    • Construction
    • 700 & Above Employee
    • Finance Manager
      • Feb 2015 - Sep 2016

      Seattle, WA Served as subject matter expert on financial and regulatory environments for McKinstry’s Energy Services division. Areas of expertise include public agency and private entity debt; tax equity; public-private partnerships, Federal and state tax incentive programs, and third-party ownership structures. Led research endeavors ranging from macroeconomic analysis to customer or vertical market-specific trends, issues and opportunities. Led strategic financial selling efforts in partnership with… Show more Served as subject matter expert on financial and regulatory environments for McKinstry’s Energy Services division. Areas of expertise include public agency and private entity debt; tax equity; public-private partnerships, Federal and state tax incentive programs, and third-party ownership structures. Led research endeavors ranging from macroeconomic analysis to customer or vertical market-specific trends, issues and opportunities. Led strategic financial selling efforts in partnership with business development and sales teams. Successfully communicated complex financial concepts to clients and internal audiences.

    • Senior Financial Analyst
      • Aug 2010 - Feb 2015

      Developed, structured, and negotiated financing for over $50M in energy efficiency and renewable energy projects for public and private sector clients. High level of proficiency with programs and incentives created by American Recovery and Reinvestment Act of 2009. Identified grants for clients and supported applications, catalyzing energy efficiency and renewable energy project development. Developed sophisticated financial models and materials to demonstrate lifecycle cost/benefit analysis of… Show more Developed, structured, and negotiated financing for over $50M in energy efficiency and renewable energy projects for public and private sector clients. High level of proficiency with programs and incentives created by American Recovery and Reinvestment Act of 2009. Identified grants for clients and supported applications, catalyzing energy efficiency and renewable energy project development. Developed sophisticated financial models and materials to demonstrate lifecycle cost/benefit analysis of project and financing scenarios. Partnered with sales teams to sell McKinstry services.

    • United States
    • Financial Services
    • 1 - 100 Employee
    • Business Lender
      • Jan 2008 - Aug 2010

      Business Lender to high-risk businesses and not for profit organizations in Western Washington. Successfully grew portfolio while meeting sustainability and social equity goals. Analyzed historical performance and developed projected operational budgets for debt repayment calculations, including sensitivity and cost/benefit analysis. Provided consultative services to business owners on financial strategies, and growth opportunities.

    • United States
    • Financial Services
    • 700 & Above Employee
    • Relationship Manager
      • Jun 1999 - Jan 2002

      As Relationship Manager in the Commercial Banking division, successfully sold loan and lease products, cash management, private banking, and other financial services to businesses and not for profit agencies with revenues from $20M to $1B. Negotiated complex transactions with multiple stakeholders and interests. Performed financial and credit analysis, including examination and projection of financial statements, industry and market review, and identification and mitigation of risks.

    • Ireland
    • Business Consulting and Services
    • 700 & Above Employee
    • Management Consultant Intern
      • Jun 1998 - Sep 1998

      Seattle, WA Internship awarded during summer quarter during MBA program. Client work was implementation of ERP system for national heavy equipment manufacturer located in south Puget Sound. Project required analysis of existing program and recommendation and development of system to improve efficiency of purchasing department.

Education

  • Stanford University
    BA, American History and Literature
  • University of Washington, Michael G. Foster School of Business
    MBA, Finance

Community

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