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Director of Project Finance Renewable America LLC Location: In-Person Preferred (at Santa Clara, CA Office); Remote Possible About Renewable America (RNA): Renewable America is committed to investing in the end-to-end development of local, small utility-scale solarstorage and multi-customer community microgrids projects. Through these infrastructure improvements, we provide emergency power to vulnerable populations and critical facilities during grid outages. Dispatchable renewable energy can transform the traditional grid through decentralized generation and create local resiliency. Our vision is to lead the way to the future of Community Microgrids by developing projects in strategic locations while minimizing possible environmental impacts on the land. Our mission is to make clean energy affordable and accessible for everyone. Our extensive services include engineering, financing, construction, and maintenance. With every project, we reaffirm our commitment to supporting communities with economic development and renewable energy access. RNA has over 255 megawatts (MWdc) of solar and 590 megawatt-hours (MWh) of energy storage projects under development throughout California. Our projects are strategically located to provide maximum benefit to the region while also meeting the community’s demand needs. Job Description: We are seeking a Director of Project Finance to join our cross-functional execution team which is accountable for the financing and development of Renewable America LLC’s portfolio of solar storage projects. The Director of Project Finance at Renewable America LLC will be involved in both corporate and project-level financing activities and will work closely with investors and lenders to originate, structure, and complete complex financial transactions. The Director will report directly to the President and will be responsible for raising and structuring all of the capital necessary to develop and operate the company’s projects. Responsibilities: Coordinate and work with internal development team through concise communication and data management, and communicate development progress to financing partners Formulate and manage external relationships with key stakeholders across capital markets, including tax equity investors, bank and non-bank lenders, infrastructure investors, private equity and other capital providers active in relevant markets; Build and maintain transaction financial models and other financial analytic tools for debt and equity transactions, demonstrating strong knowledge of the following: Thorough understanding of Microsoft Excel, including all basic functions, managing large quantities of data, building and running macros, and navigating and troubleshooting complex financial models A basic understanding of partnership tax and book accounting concepts. Internal Rate of Return, Net-Present Value, and other key financial metrics Ability to size investments from tax equity investors, involving a strong understanding of key financial concepts such as tax depreciation, capital accounts, and investment basis Understanding of company valuation, and related valuation analysis Deal Execution and Transaction Management Work closely with internal and external parties to facilitate the accurate and timely closing of each transaction, including direct collaboration with advisors, lenders, independent engineers, developers, insurers, appraisers, and consultants Support the negotiation of complex financial documents through analysis of various terms within legal agreements; measure the impact of proposed financial terms, run sensitivities in financial models accounting for all perceived risks, and provide language to legal agreements that accurately reflects the transaction; demonstrate a basic understanding of contract structure and a familiarity with the financial concepts present in financing agreements Advise on the economic results of different financial structures, and understand how cash moves between legal entities Market Analysis Work with internal and external stakeholders to create macroeconomic analysis, including impacts of tax law change, interest rate environments, and broader sector trends Constantly monitor power markets, including structured energy transactions, to help ensure the company’s projects are feasible Support other functional areas in ways such as PPA Pricing; Design/Engineering Optimization, EPC or O&M Contract Negotiation, and Lease vs. Buy Optimization Skills and Qualifications Bachelor’s Degree in Finance, Business, or Economics, or similar 5-7 years of relevant experience (investment banking, project finance, or related sectors); previous solar experience required At least 2-3 years of experience managing a team Demonstrated financial acumen and experience constructing and maintaining complex financial models using Microsoft Excel with advanced skills (MACROs, VBA) Significant experience working with lenders, tax equity investors, institutional investors required Excellent quantitative, analytical, and communication skills Eagerness to learn, hard work ethic, persistence, and an ability to quickly grasp and understand new concepts including financial and legal structures and statutory requirements Ability to work independently, multi-task, make decisions, prioritize, and meet assigned deadlines in a fast-paced and ever-changing environment Strong work ethic and detail-oriented CFA strongly desired Proficient in MS Office suite (Word, Excel, PowerPoint, SharePoint) Legally entitled to work in the U.S. Sense of humor a plus Job Type: Full-time Salary: Commensurate with experience, plus bonus J-18808-Ljbffr
