Job Description
Company Overview
Intersect Power is a team of friends driven to preserve our planet for future generations through low-carbon energy and infrastructure solutions. Founded in 2016, the privately held clean energy company develops and owns some of the world’s largest clean energy resources serving customers in retail and wholesale energy markets across North America. The company is redefining the scope of the clean energy industry by enabling new pathways between clean electricity and the broader economy to enable the deep decarbonization of our economy. We are on an aggressive growth trajectory and are staffing key positions.
About This Position
The Project Finance Specialist will be a key team member of the broader Capital Markets Team and will be supporting the team’s efforts in planning, optimizing, executing, and monitoring structured finance transactions, including non-recourse debt, tax equity, portfolio financings, and hybrid facilities. This position will report directly to a Manager on the Project Finance team and work closely with lenders, investors, consultants, attorneys, and internal stakeholders.Â
Overview of Department
Project Finance falls under the broader Capital Markets Team, and is currently comprised of ten members. The team is responsible for capital raising including Tax Equity, Construction Debt, Back-leverage, and other financing products to enable the growth of the business.
n- Own the transaction modeling for one or more ongoing project or hybrid financings, including construction financing, tax equity, back leverage, and hybrid/holdco financings
- Lead the project's due diligence and coordination, helping parties navigate key project contracts, economic terms, consultant reports, and other third party deliverables
- Assist in maintaining existing financing structures and ongoing fundings
- Act as a key team member in valuing IP's development asset portfolio and serve as a subject matter expert in various project forums, including offtake agreement structuring/pricing, EPC/procurement decisions, and development activities.
- Participate in special projects such as M&A activities, new market entry, new technology financeability/bankability, etc.
- Bachelor’s Degree, preferably in Finance, Economics, Accounting, Statistics, or similar quantitative fields
- Minimum of 1 year of experience in Renewables, Power & Utilities, or Infrastructure capital markets
- Expert proficiency in Excel, with some experience building and maintaining VBA based macros
- Experience managing internal and external stakeholders through large, complex processes on aggressive timelines.
- Candidates with experience in tax-advantaged transactions and structuring or experience working in US Power or Energy Markets will be strongly considered
- Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone.Â
- Position is part of a remote team, with regular electronic and video communication
- Position requires some travel for company-wide meetups: ~4 weeks total through a calendar year.Â
- Salary: USD$85,000 - $90,000 or CAD$115,124 - $121,896 base salary with 25-30% annual target bonus
- Exceptional Healthcare:Â Access comprehensive medical, dental, and vision plans with 100% premium coverage for both you and your dependents.Â
- Financial Security:Â Benefit from a 3% non-elective employer contribution to your 401k or RRSP, ensuring your financial future is on the right track.
- Time Off:Â Unlimited Paid Time Off (PTO) +Â two company-wide vacation weeks (Fourth of July & End of year). We believe in the importance of rest and relaxation.
- Family-Friendly Policies:Â Experience up to 12 weeks of fully paid parental leave, with an additional 6 weeks for birth parents. We support you through the exciting journey of parenthood.
- Mental Health and Well-being:Â Access mental health and behavioral coaching services through Ginger, providing you with the support you need to thrive both personally and professionally.
- Family Planning Support:Â Navigate family planning with ease through our partnership with Carrot, ensuring a seamless experience for new parents.
- Perks:Â Enjoy a variety of perks, including a $150 USD monthly food stipend on Grubhub and a pet insurance allowance. We care about the little things that make a big difference.
- Tech-Ready:Â Gear up with our new hire tech package, including a laptop, monitor, docking station, webcam, headphones, and more. Set up your home office with provided furniture, including a desk and chair.
Note: Â We welcome applicants who do not have current enforceable non-compete restrictions that would hinder their employment with us. If you are currently under a non-compete agreement with a previous employer, we kindly request that you carefully review the terms of that agreement and ensure that your potential employment with us does not violate those terms.Â
Unsolicited resumes or referrals from third-party recruiting firms or agencies are not accepted by Intersect Power.
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Date Posted
02/21/2024
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