Vice President, Acquisitions

CleanCapital • Full-time • New York, New York • 4w ago

Who We Are
CleanCapital is a leading independent power producer focused on distributed clean energy, including middle-market solar and energy storage. The company develops, builds, owns, operates, and invests in clean energy assets across the U.S. Leveraging over a decade of clean energy expertise and over $1.5 billion in investments, CleanCapital has built a diverse portfolio of operating assets and a growing project pipeline. By combining institutional capital with in-house expertise and regional development partnerships, CleanCapital delivers economically sound projects that drive more clean megawatts to the grid, solidifying energy dominance in the U.S.

Location of Position
This position is based in our NYC office with a commitment to a minimum of 2 in-office days.

What We Offer

Opportunity to join a top-notch, collaborative team of professionals
Fantastic team environment and collaborative culture
Professional development opportunities to grow into an industry leader
100% paid for single and family benefits plus 401k matching program
The range for this position is $148,750-$201,250 plus an annual performance-based bonus

Our Commitment to Diversity
CleanCapital is committed to fostering a diverse and equitable workforce reflective of our community while also valuing each persons’ unique perspective, skills, and experiences. CleanCapital does not discriminate against any individual’s race, religion, sexual orientation, gender identity, age or nationality and is committed to promoting a more just and inclusive world through intentional policies and actions.

Position Summary
The candidate will lead transactional due diligence, modeling, and investment screening, as well as lead (with support) M&A and project finance transactions. The Vice President is expected to complete complex tasks independently, with oversight and input from their supervisor. The position reports to the Senior Director, Acquisitions.

Core Responsibilities

The candidate will work with the business development team to value complex portfolios for potential acquisition, including building complex valuation models, identifying risks and opportunities and managing seller communications, with the support of relevant colleagues.
The candidate will act as deal manager for acquisitions, including leading seller meetings, owning, updating and auditing the portfolio model, conducting due diligence, reviewing and negotiating acquisition contracts, coordinating with third party advisors, and creating investment committee materials.
The candidate may act as deal manager for project financings and/or tax equity financings, including reviewing and negotiating deal contracts, responding to lender/investor Q&A, and owning the debt and or tax equity model.
The candidate will own modeling for select owned portfolios, working with the asset management to ensure our existing investments are kept up to date and keep an eye on potential issues of concern.
The candidate will mentor and teach junior acquisitions personnel on various tasks and delegate appropriately to such juniors.

Education Requirements

Bachelor’s Degree required; MBA or relevant graduate degree preferred.

Technical Skills and Experience

5+ years of experience in renewable energy acquisitions and financing.
Preferred, but not required experience:
- Creation and modification of sophisticated Excel based models including financial statement models and valuations/LBO/DCF models.
- Managing and/or coordinating complex transactions with multiple stakeholders and advisors.
- Conducting asset due diligence and auditing financial models to ensure 100% accuracy of assumptions and information
- Writing comprehensive summary documents and collecting investment materials to present to senior and external audiences.
Solar and/or battery storage experience is strongly preferred.

Psychosocial Skills /Human Skills/Behavioral Skills

Strong analytical, organizational, and problem-solving skills.
Entrepreneurial mindset with the ability to take ideas and run with them from concept to conclusion.
Technical understanding of clean energy business processes
Exceptional verbal and writing communication skills with superiors, peers, partners, and other stakeholders.
Excellent interpersonal skills while managing multiple priorities in a fast-paced and ever-changing environment.
Excellence in Microsoft Office (Word, Excel, PowerPoint)

Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. The physical demands of this job require an individual to be able to work at a computer for most of the day, be able to participate in conference calls and travel to team retreats on a time-to-time basis. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Conditions
If working remotely, your work environment is what you make of it, however CleanCapital encourages everyone to have a dedicated workspace that, for the most part, can be free of distractions. If working in one of our Corporate Offices, the work environment is usually quiet (normal city traffic noises are common), a blend of artificial and natural light, temperate and generally supports a collaborative work environment. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Equal Employment Opportunity Statement
CleanCapital provides equal employment opportunities to all employees and applicants in all company facilities without regard to race, color, religious creed, sex, national origin, ancestry, citizenship status, pregnancy, childbirth, physical disability, mental and/or intellectual disability, age, military status or status as a Vietnam-era or special disabled veteran, marital status, registered domestic partner or civil union status, gender (including sex stereotyping and gender identity or expression), medical condition (including, but not limited to, cancer related or HIV/AIDS related), genetic information, or sexual orientation in accordance with applicable federal, state and local laws.