Philip Hopkins is a managing director and the head of Renewable Energy & Environmental Finance (REEF) for Wells Fargo Commercial Capital. He previously co-led the REEF team for more than a decade, building the business into one of the largest and most consistent tax-equity investors in the U.S.
Based in San Francisco, Phil now leads a team of more than 30 professionals who make direct investments in large-scale renewable energy projects. His team’s activities are a key part of Wells Fargo’s Sustainable Finance Commitment, which includes a focus on providing capital to environmentally beneficial businesses and projects in several industry sectors, including renewable energy, energy efficiency, and real estate. To date, his team has invested more than $7.5 billion in wind and solar projects throughout the U.S.
Phil joined Wells Fargo in 2005 after spending more than 15 years in the power and energy sectors. Prior to joining Wells Fargo, he was director of strategy and business analysis at independent power producer Mirant Corporation in Atlanta, where he also managed complex power sector transactions in the U.S. and Germany. Earlier, Phil worked for the New England Power Company as a senior engineer and as a field engineer for Schlumberger Well Services.
Phil earned a master’s degree in nuclear engineering and a bachelor’s degree in mechanical engineering from the Massachusetts Institute of Technology (MIT) and during that time, he was a Nuclear Regulatory Commission-licensed senior reactor operator at MIT’s Nuclear Reactor Laboratory. He and his wife live in San Francisco, where they support local children’s programs.