United Community Bank Expands Renewable Energy Lending Team
“Britt’s unique background working directly in the solar industry and relationship banking is the right skillset that we need to effectively partner with organizations across the footprint on renewable energy solutions,” said Summers, Senior Vice President and Renewable Energy Finance Team Lead for United Community Bank. “We are excited about the potential growth opportunities with the addition of Britt to the team.”
Lothridge began his career in banking with J.P. Morgan Chase, where he spent nearly a decade serving as both a relationship manager and branch manager. After several years as a business banking manager with other large regional banks in the Atlanta area, Lothridge transitioned to Director of Sales with Velo Solar, one of the leading commercial solar installation companies in the Southeast. In this role, Lothridge focused on strategic partnerships, including recent joint venture between Velo Solar and an oil & gas company and developing the company’s rooftop division.
“After an incredibly successful year, we are thrilled for the possibilities that a banker like Britt will offer,” said Jim Rose, North Carolina State President and the bank’s Renewable Energy Executive. “We are very pleased that Clayton and his team are able to participate so actively in the solar energy financing arena and look forward to continued growth in 2021.”
“I look forward to working with both clients and prospects across United’s five state footprint in becoming more energy efficient through various renewable technologies in a matter that makes sense financially,” added Lothridge. “This will be another way we help serve our clients and communities.”
Lothridge is a graduate of the University of Georgia. During his tenure at Velo Solar, Britt was an active member of Georgia Solar Energy Association as well as Solar Energy Industries Association.