2011 KEF News

Key Equipment Finance's David Ten Kroode to Join Panel at Distributed Solar East Finance & Investment Summit

SUPERIOR, Colo. – June 7, 2011 – Key Equipment Finance, one of the nation's largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), today announced that David ten Kroode will participate as a panelist at the Distributed Solar East Finance & Investment Summit, held June 8-10 in Newark, NJ.

Ten Kroode is vice president of energy at Key Equipment Finance. He will join four solar integrators on June 8 to discuss the New Jersey Market for Distributed Solar, which will give an insightful look at the forces shaping specific solar markets in the Eastern U.S.

Ten Kroode has played an instrumental role in the financing of several distributed solar installations in the Eastern U.S., including a 5.3-Megawatt system at Princeton University that is to be installed on 27 acres. He will address solar finance topics, including the benefits of financing solar installations with a lease instead of a power purchase agreement, and share examples of successful lease financed solar projects.

For more information about the conference, visit the Distributed Solar East web site.

About Key Equipment Finance

Key Equipment Finance is an affiliate of KeyCorp (NYSE: KEY) and provides business-to-business equipment financing solutions to businesses of many types and sizes. The company focuses on four distinct markets:

  • businesses of all sizes in the U.S. (from small business to large corporate);
  • equipment manufacturers, distributors and value-added resellers worldwide;
  • federal, provincial, state and local governments as well as other public sector organizations; and
  • lease advisory services for larger structured equipment needs including single investor and leveraged leases, securitizations, and structured debt.

Headquartered outside Denver, Colorado, Key Equipment Finance manages nearly $11 billion in assets and originates approximately $3 billion of equipment annually. The company has major management and operations bases in Albany, New York; London, England; Hong Kong, China and Sydney, Australia. The company, which supports clients in over 40 countries, employs approximately 700 people worldwide and has been in the equipment financing business for over 35 years. Additional information regarding Key Equipment Finance, its products and services can be obtained online at www.KEFonline.com.

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $93.3 billion. BusinessWeek magazine named Key the top bank in its Customer Service Champ 2009 edition, ranking Key 11th out of the top-25 companies that include many known for their customer service acumen. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. For more information, visit www.key.com.