My client, a developer at the forefront of the sustainable fuel development space, is looking for Head of Structured Finance to join the team. The firm own an impressive proprietary technology, which involves using bioenergy and carbon capture to create carbon negative fuels that can be used in the global aviation sector.
As a result of their success so far, they've raised capital from a reputable clean energy investment fund to assist constructing their first project and developing additional assets throughout the US. Working with the CEO this key hire will oversee the modeling, reporting & M&A function for the firm, while also being involved in the project level modeling and transaction management (project finance, M&A and similar).
The position is perfect for a VP level finance professional looking to step up into a Head of Structured Finance. This individual will also have oversight of the entire finance function, modeling/transaction management.
Responsible for leading project finance transactions, including raising tax equity and construction/term debt as well as some M&A transaction activities.
Lead sourcing, negotiation, and structuring of transactions with financing counterparties ranging from tax equity, construction debt, term debt, bridge loans and other financial products such as sale-leaseback or inverted lease structures.
The executive will oversee the loan and tax equity compliance activities as well as investor relations.
Manage teams performing all aspects of transaction execution including deal marketing, negotiation of financing term sheets, structuring and financial modeling, investor due diligence, transaction documentation, and internal project management.
Entire financing cycle of projects – structure, negotiate, and close the transactions.
Develop and maintain valuable relationships with debt and tax equity investors in the clean energy space.
Work with complex project finance models for internal and external parties to evaluate energy storage projects and financing structures and ensure model assumptions are properly diligence and reflected.
Synthesize and model terms and conditions of construction loans, tax equity bridge loans, and sponsor equity with back-leverage loans in time and yield-based partnership flip structures.
Organize and manage the process to obtain third-party reports to support financings, including independent engineer reports, insurance reports and ISO market studies.
Create marketing materials for capital raising including teasers, CIMs, and management of data rooms.
Present financing proposals and transactions for review and approval.
Bachelor's degree in finance required. MBA strongly desired.
15+ years of experience in project finance, tax equity, and/or investment banking.
Leadership experience in deal structuring, management of financings as well as team of structured finance professionals.
Renewable energy and energy storage experience required.
Widely connected within the project finance and tax equity communities.
Successful track record of managing complex project finance, tax equity and M&A transactions from beginning to end.
A thorough understanding of project financing and tax equity structures, including expertise, and understanding of relevant tax and GAAP regulations, contractual matters and analytical models.
Expertise in financial modeling (cash flow forecasts, project scenarios analysis, project risk and return) and transaction documentation (management of relevant financial closing documentation).
Experience in reviewing, analyzing, and negotiating complex transaction documents.
Ability to lead due diligence, manage data rooms, and lead commercial negotiations.
Experience in creating deal marketing materials including teasers and CIMs.
Demonstrated ability to work in a cross-functional environment, including managing the financial, legal, and internal review and approval processes necessary to successfully close complex transactions.
Self-motivated with a high level of initiative, attention to detail and accountability, and an ability to multi-task and work in a deadline driven environment.
Proficiency in MS Office tools including Excel, Word, and PowerPoint.