The Overseas Private Investment Corporation, the U.S. Government's development finance institution, announced on 16 July 2013 Michael Whalen has joined the agency as Vice President of Structured Finance.

In this role, Mr. Whalen will oversee a department responsible for executing large and complex transactions that strengthen the physical and financial infrastructure of developing countries..

With experience spanning the renewable energy, industrial, natural resource and infrastructure sectors, Mr. Whalen raised more than $17 billion in capital and developed innovative financing structures for projects in the Americas, Europe, the Middle East and Asia-Pacific, in both developed and emerging markets.

Most recently serving as Chief Financial Officer for the California-headquartered solar development company SolarReserve, Inc., Mr. Whalen spearheaded that company's financing activities including those enabling its deployment of advanced renewable energy technology.

Prior to joining SolarReserve, Mr. Whalen established and headed HSBC's project finance team for the Americas. Before HSBC, Mr. Whalen was the co-head of the Energy & Power Finance team for Europe, Middle East and Africa for Bank of America based in London. Mr. Whalen was also part of Mobil Corporation's finance group where he focused on project finance transactions in the Middle East, the former Soviet Union, and in the Asia Pacific region.