Project Finance Associate
This position will work in our Project Finance team and will be responsible for financial modeling of project economics, executing Project Finance transactions, and supporting the Development and M&A teams by providing ad hoc analysis, market insights, and support during transaction negotiations.
Opportunity
Adapture Renewables, Inc. is on a mission to be a leader in this new era of sustainable energy. Drawing upon an extensive knowledge base, we develop, finance, engineer, build, own, and operate high quality utility-scale photovoltaic projects and battery energy storage projects. Our Project Finance team is looking for a talented Project Finance Associate to help support the efforts of our fast-growing company. Adapture Renewables is owned by KIRKBI – the Kirk Kristiansen family’s private holding and investment company founded to build a sustainable future for the LEGO® brand through generations.
Overview
This position will work in our Project Finance team and will be responsible for financial modeling of project economics, executing Project Finance transactions, and supporting the Development and M&A teams by providing ad hoc analysis, market insights, and support during transaction negotiations. The candidate will be based near our Bay Area home office.
Core Responsibilities
- Support and work closely with project finance team leaders in the process of structuring, negotiating and closing project financings, including tax equity structures.
- Responsible for project model accuracy and checking the work of Analysts.
- Understand and review proposed development project models
- Develop in-depth understanding of models for tax equity financial structures.
- Develop in-depth understanding of relevant tax and accounting rules for projects.
- Responsible for independently running day-to-day execution of diligence components of project finance and M&A transaction processes.
- Support and work with developers in the structuring of valuation models to analyze the economic merits and risks associated with new project acquisitions and greenfield opportunities.
- Collaborate with in-house engineers, developers, and accounting professionals to develop appropriate assumptions for project models.
- Create and verify accuracy of investment memos, investor presentations and project summaries.
- Develop and maintain project finance related intelligence (tax equity terms, property and sales tax information, local subsidies, RECs, etc.).
- Support the Asset Management team with ongoing operating reports and draw requests.
Qualifications and Experience
- Bachelor's degree in finance, economics, or related field. Advanced degree a plus.
- At least 3-5 years of experience in finance, banking, or power industry.
- Demonstrated ability to work with complex financial models in Excel.
- Experience with tax equity and/or term debt transactions in renewables sector preferred.
- Exceptional analytical and quantitative problem-solving skills.
- Excellent verbal and written communication skills.
- Possesses self-starter qualities with the ability to work independently with minimal direction.
- Possesses strong attention to detail with an ability to consistently self-check for accuracy.
- Ability to work collaboratively in a team and prioritize several concurrent tasks in a fast-paced environment. Ability to constructively identify and articulate when there are priority conflicts.
Benefits Package
- 401(k) plan with company matching
- Competitive health, vision, and dental benefits
- Attractive personal time off and company holiday package
- Work-from-home policy
- Salary commensurate with experience
Note
Qualified candidates only. No search firms. Adapture Renewables, Inc. is committed to equal employment opportunity.
How to apply
Send cover letter and resume to careers@adapturerenewables.com. No phone calls.
Our contact details
Adapture Renewables, Inc.
www.adapturerenewables.com
1901 Harrison Street, Suite 1630, Oakland, CA 94612