Cathy Zoi - CEO of SunEdison's Rural Electric Utility Company

SunEdison, Inc. has appointed Cathy Zoi as Chief Executive Officer responsible for developing SunEdison's rural electric utility company, which plans to profitably electrify 20 million new or underserved electric customers by 2020.

"Beyond the massive market opportunity in grid-connected power, billions of people worldwide don't have regular access to electricity," said Ahmad Chatila , President and Chief Executive Officer at SunEdison. "Cathy Zoi, who brings a deep background in both business and public service, is joining us to rapidly grow the rural electric utility opportunity we unveiled in New York after our Capital Markets Day in February. We are committing to bringing electricity to one million people by the end of 2015, and are targeting to help 20 million people gain access to electricity by 2020."

"SunEdison's strong presence in emerging markets, like India and Brazil , has created significant commercial momentum in the rural electrification and microgrid markets," said Cathy Zoi, SunEdison's newly appointed rural electric utility company CEO. "We intend to create the world's first private electric utility, with a global footprint, to address this underserved market profitably."

Tags: SunEdison Inc.