Permanent

Director, Solar Origination and M&A

Posted on 04 April 24 by Victoria Waye

  • New York, NY
  • $150000 - $200000 per Year
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Job Description

As the Director, Greenfield Solar Development and M&A you will bring a highly accomplished renewable energy origination background to the team, you will work with cross-functional teams to originate and deliver on successful projects as well as research new market segments and develop strategies to pursue and develop in said markets.

Why you should apply:
  • $150,000 - $200,000 Base salary.
  • Strong benefits.
  • Great company culture.
  • Career growth opportunities.

Responsibilities:
  • Implementation of project development strategy for the Eastern region of US Platform to support the growth objectives of the organization, 
  • Conducts market and regulatory research to inform development strategy.
  • Stay up to day with market development and industry events in order to identify business opportunities.
  • Responsible for planning and executing all project origination in the Eastern Region including greenfield, partnerships and acquisition opportunities from identification of opportunity through due diligence and execution of definitive agreements.
  • Identification of local early-stage developers that will co-develop with  and lead deal structuring and commercial negotiations for project acquisition or other partnership structures such as development services agreement or joint development agreement
  • Prepare presentations to senior management and/or the Investment Committee as needed to achieve investment approval.
  • Lead all project development activities by coordinating with multi-disciplinary team of internal resources and external consultants (e.g., legal, engineering, finance) to bring projects to Ready for Construction status, which achieve objectives of approved Investment Memo, including site control/real estate, resource assessment, design optimization, interconnection process, permitting, regulatory/community outreach and economic analysis.
  • Maintain strong networks with energy industry representatives and key stakeholders in the region to prospect for and originate project opportunities
  • Coordinate with financial analysis teams to ensure that the deal structure, economic and tax assumptions are properly analyzed.
  • Ensure that all commercial conditions are in place to meet underwriting assumptions and support Structure Finance team to secure financing of the project.
  • In coordination with the Power Marketing team, lead commercial power off-take activities in Eastern region to identify off-take counterparts and secure long-term Power Purchase Agreements (PPAs) for development assets.

Requirements: 
  • Bachelor’s or Master’s Degree in Business, Engineering, Legal, Science or related field
  • Minimum 8+ years professional experience in the energy industry in senior roles within business development and/or project development functions.
  • Strong commercial background and mindset; ability to conceptualize returns with extensive experience in project development and a demonstrated record of identifying and originating business opportunities and ability to determine their key value drivers and alignment with business objectives.
  • Solid knowledge of the renewable power sector, its key stakeholders and regulatory environment. Experience developing and originating new business opportunities for utility scale power and infrastructure projects in the Eastern U.S with knowledge regional power markets (e.g., PJM, MISO, SERC, ISONE NYISO)
  • Well established network of contacts with industry stakeholders, on the ground developers, off-takers, government representatives and financial stakeholders in the renewable energy industry
  • Experience taking renewable energy projects from conception to completion, with impressive track record in originating and developing bankable renewable energy projects.
  • Understanding of financial modeling (DCF).

Job Information

Rate / Salary

$150000 - $200000 per Year

Sector

Solar

Category

Development

Skills / Experience

Not Specified

Benefits

Bonus, PTO, 401K, and Medical Benefits

Our Reference

JOB-4052

Job Location