People's United Financial, Inc. has announced that Stephen Hoffman was appointed Managing Director, Utilities, Power and Renewable Energy, Corporate Banking. The newly formed Corporate Banking specialization will focus on clients both public and private that build, own, and operate energy infrastructure. People's United's focus on renewable energy is a part of its commitment to be a part of and support the major transition toward clean power that is underway in the country's energy industry. Under Hoffman's leadership, the team will deliver a wide range of financing, risk, and treasury management options. Prospective clients include: Investor-Owned Utilities; Local Distribution Companies; Electric Cooperatives; Municipal Utilities; Transmission Companies; Renewable Energy companies such as solar, wind and battery storage. Hoffman joins People's United with more than 25 years of corporate and commercial banking experience, with a focus on the energy industry. Most recently he served as managing director and director of energy banking at Huntington Bank where he founded their Energy Banking Group.