Project Finance Associate

Posted 3 Days Ago
New York, NY
Junior
Semiconductor • Energy • Agriculture • Renewable Energy
The Role
The Project Finance Associate will support the structuring, negotiation, and execution of project financing facilities. Responsibilities include coordinating funding processes, modeling financing terms, advising on risk allocation, and leading due diligence efforts.
Summary Generated by Built In

We are looking for a Project Finance Associate to support the structuring, negotiation, and execution of Scale’s various project financing facilities and documents. You will report to our Chief Investment Officer and take daily direction from the Director of Capital Markets. You will be based full-time out of our NYC office.

Key responsibilities will include:

  • Support closing and ongoing funding processes, including coordinating reviews and approvals across multi-functional teams, to bring the transaction to financial close under tight timeframes
  • Assist with structuring, negotiating, and executing project financing documents, including debt, tax equity, derivatives, and asset acquisition
  • Synthesize and model terms of construction loans, tax equity bridge loans, and sponsor equity with back-leverage loans in tax equity partnership structures
  • Work with internal and external stakeholders to develop and structure solutions to advance the project execution and investment, including but not limited to deal counsel, appraisers, independent engineers, market and insurance consultants
  • Implement quality assurance and quality control of relevant inputs to such models
  • Propose and implement relevant sensitivity analysis for investment opportunities
  • Advise internal stakeholders in understanding appropriate risk allocation and compatibility of terms and conditions of various project contracts with existing and pending financing arrangements
  • Support processes related to key project documentation and third-party reports, including PPAs, financing term sheets, and agreements. Provide feedback on IE reports, appraisals, insurance reports, etc., and accurately integrate assumptions into financial models
  • Lead due diligence efforts associated with capital markets processes (debt, tax equity) as well as M&A opportunities with developers and other sponsors/owners
  • Perform other duties and special projects, as assigned

For you to be successful in the role, you should have:

  • Bachelor’s degree in Finance, Accounting, or Engineering
  • 2+ years of relevant project finance experience either with a developer or commercial bank in renewable energy or power energy/power/utilities
  • Financial modeling skills coupled with good conceptual, strategic, and analytical thinking skills
  • Familiarity with legal documents and banking arrangements inherent in project financing
  • Exceptional written and verbal communication skills.
  • Knowledge of financial markets including interest rate conventions, interest rate derivatives
  • Significant experience working as part of cross-functional teams, including internal and external stakeholders
  • MBA and/or CFA preferred

This is a great opportunity to have a long-term impact on a fast-paced, private equity backed growth business. Some of the core virtues embraced by Scales’ employees include:

 

Our Core Virtues:

· Do the Right Thing

· Act Like an Owner

· Hustle

· Demand Results

· Go Together

· Evolve or Disappear

 

About Scale Microgrid Solutions:

We are a fully integrated distributed energy platform focused on designing, implementing, and financing innovative distributed clean energy solutions. Through our leading technical expertise and access to scale capital, we help our customers transition to a decentralized energy future by providing and financing sustainable, cost-effective, and resilient power solutions. We have our own proprietary microgrid solution which provides our customer with cheaper, cleaner, and more reliable power, and we also partner with third party developers to acquire and/or finance a broader range of distributed energy assets.

 

We raised $500MM from Warburg Pincus, a global private equity firm focused on growth investing, to fund our business plan and accelerate growth. We are growing quickly and looking to augment the team with highly motivated entrepreneurial talent. To learn more about us please visit https://www.scalemicrogridsolutions.com/.

 

About Warburg Pincus:

Warburg Pincus is a leading global private equity firm with nearly $80 billion in assets under management (AUM). Its active portfolio of more than 250 companies around the globe is highly diversified by stage, sector, and geography. Warburg Pincus is a growth investor and an experienced partner to management teams seeking to build durable companies with sustainable value. To learn more about Warburg Pincus, please visit

https://www.warburgpincus.com/.

 

Scale strives to attract and retain a workforce that reflects the composition of our customer base and communities. We are committed to providing a work environment that provides everyone equal access and opportunity to contribute and drive meaningful outcomes. We encourage applicants from all backgrounds to apply and will consider qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.

Top Skills

Accounting
Engineering
Finance
The Company
HQ: Ridgewood, NJ
95 Employees
On-site Workplace
Year Founded: 2016

What We Do

The future of humanity is dependent on making our energy infrastructure cleaner, more affordable, and more resilient. Microgrids are a key component of the solution. We build the world’s most cutting-edge microgrid solutions.

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