Senior Project Finance Associate - Tax Equity
Apex Clean Energy
- Charlottesville, VA
- Permanent
- Full-time
- Assist or lead every aspect of the project financial model for mid-stage and late-stage development assets, including project offtake bidding and structuring long-term capital.
- Maintain project models with current and updated assumptions.
- Model economics of project documents, including land leases, interconnection agreements, power purchase agreements, O&M agreements, etc.
- Monitor and model various financial structures (project finance debt, equity, PTC/ITC, grants and other incentives, depreciation benefits, lease financing, tax equity investments, etc.).
- Perform sensitivity analysis on project models.
- Provide narrative analysis on financial models for project financing and investment consideration.
- Compile and maintain support files to justify project assumptions.
- Assist in building models, tools, process, and infrastructure that supports the organization's accuracy, efficiency, and scalability.
- Support various aspects of a project sales and financing such as due diligence and commercial negotiations. Lead specific closing deliverables such as Appraisal/Cost Segregation Reports, Insurance Consultant Report, and Project Closing activities.
- Interface with stakeholders across the organization to capture information relevant to the financial returns of leads, opportunities, and projects under development
- Support projects that are operational and financed by Apex, including refinancing activities, consent processes, financing document compliance, and modeling
- Monitoring power markets including structured energy transactions
- Degree in finance, economics, energy/environmental policy, engineering or other quantitative and related discipline. Graduate degree or CFA preferred
- Minimum 5 years of hands-on project finance experience with renewable energy projects including wind, solar and/or battery storage working at a renewable energy developer, lender, or investor where at least 50% of the role is devoted to building and maintaining project finance models that reflect tax equity and back leverage.
- Solid understanding and experience closing project financing structures with ITC and PTC financing.
- Experience with modeling power purchase agreements.
- Highly proficient in Microsoft Excel including experience with project financial modeling.
- Strong interpersonal skills with the desire to work in a fast-paced, entrepreneurial environment and to meet deadlines and complete time-sensitive duties.
- Strong organization skills and ability to meet frequently changing deadlines in a rapidly changing environment. Ability to manage and track multiple detailed projects simultaneously and complete tasks efficiently.
- Preference for candidates to work at the headquarters in Charlottesville, VA.
- A mission-driven, energetic environment that supports and encourages our people to do their best work every day.
- A respect for and celebration of individuality, differences, and uniqueness
- Collaborative and driven professional workforce committed to supporting your ideas and feedback and accelerating your potential
- Ongoing support and guidance such as on-the-job learning, hands-on experience, and mentorship
- Training, strategies, and tools to support your personal and professional growth
- Team atmosphere of diverse professionals committed to making an impact as an organization
- Opportunities to volunteer and give back to our local communities
- Exceptional benefits such as medical and dental; 401(k) with corporate match
- Base and bonus commensurate with experience
- Responsible Paid Time Off plus standard company holidays
- Benefits Offered: comprehensive high-deductible health plans, dental and vision insurance plans, short-term and long-term disability, group life insurance, 401(k) corporate matching, flexible spending arrangements, company paid parking and cell phone, fitness and wellness corporate discounts