New Leaf Energy is an experienced clean energy developer that partners with landowners, policymakers, and other stakeholders to accelerate the transition to a world powered by renewable energy. We identify high-value sites, work with landowners and local communities to develop them, and partner with long-term asset owners to bring the most impactful clean energy projects to life.
Calling all “deal junkies”! New Leaf Energy is seeking a Project Finance Manager to support our growing project development business.
This position may be filled out of our Boston, MA, Lowell, MA, Oakland, CA, Chicago, IL, and Troy, NY offices. We value in-person collaboration and offer a hybrid work environment. Hybrid employees work in the office at least two out of every Tuesday, Wednesday, and Thursday and are free to work from the office or home on other days. Remote candidates who meet the qualifications are also encouraged to apply.
About the Role
In this role you will serve as a transaction lead for the sale of our renewable energy projects, and will provide guidance on development challenges and investment decisions that arise across multiple departments, including project development, interconnection, permitting, real estate and policy. You will be responsible for bringing identified renewable energy transactions to a close while collaborating with internal team members and external partners. You will have strong project management and negotiation skills and an appreciation for the details that drive project valuations. This position reports to the Vice President of Project Finance.
Position responsibilities will include, but are not limited to:
- Take the lead in negotiating membership interest purchase agreements (MIPAs) for the sale of renewable energy projects to sophisticated third-party owners;
- Maintain a focus on customer needs and effectively build and strengthen relationships with our partners;
- Run professional and organized competitive marketing processes using project management tools;
- Maintain models for solar and energy storage projects and perform analysis to understand potential impacts to valuation;
- Assist in the structuring of transactions based on regulatory guidelines, risk management techniques, and the needs of the investment community;
- Manage internal requests from project developers and other deal team members and collaborate effectively with multiple departments including legal, finance and accounting, engineering, real estate and policy;
- Perform due diligence on projects and problem-solve with internal and external stakeholders to resolve outstanding issues;
- Manage the building of data rooms and portfolio marketing materials and navigate intensive external diligence processes with various third-party consultants and counsel.
Desired Qualifications
While no one individual will possess them all, the successful candidate will bring many of the following experiences, skills, and attributes. If you’re unsure of whether you meet enough of the qualifications below but believe that your experience and skill set is a good match for this position, we invite you to apply!
- 5+ years of relevant finance, project development, or mergers and acquisitions experience;
- Bachelor’s Degree in Finance/Business or a related field with an MBA preferred;
- Demonstrated experience in solar, wind and/or energy storage;
- Expert knowledge with respect to the key deal points in mergers and acquisitions transactions, specifically in MIPAs;
- Experience negotiating purchase and sale agreements for renewable energy projects;
- Familiarity with development activities such as interconnection, permitting, and real estate;
- Refined business acumen, exceptional judgment, and the ability to identify and implement practical solutions to complex business problems;
- Hardworking, responsive, and adaptable to what the situation dictates, including possessing the ability to advance matters independently, combined with the strong interpersonal skills necessary to work effectively in a team;
- Ability to independently handle competing deadlines and shifting priorities in a fast-paced environment;
- Exceptional communication skills;
- Excellent organizational, time management, and project management skills;
- Passion for accelerating the adoption of renewable energy.
Compensation
New Leaf Energy compensates all employees in three ways: market-competitive base salary, plus above-market variable compensation, plus an equity-like program such that all employees experience the benefits of ownership. We use a data-driven and transparent methodology to calibrate compensation that is externally competitive and internally equitable, guided by the New Leaf Energy compensation manual, which is available to all employees.
Under our compensation framework, the likely base salary range for this position in the Lowell location is $118,150-$136,280. Your actual salary may be above, in, or below this range, depending on your location and experience. Total compensation for this position, however, is driven heavily by our generous commission plan, which is paid quarterly and about which we can go into detail in the interview process.
Benefits and Culture
New Leaf Energy’s success is driven by our collaborative, long-term relationships based on trust and transparency. We offer a flexible work environment that places significant responsibility in independent teams and creates opportunities for innovation and personal growth. New Leaf Energy’s benefits are designed to appropriately recognize our employees’ contributions and enable a reasonable work/life balance. Our benefits include:
- Competitive salaries and comprehensive benefits, including medical, dental and vision;
- A 401k plan with immediate vesting and a company match (100% of the first three percent of your pay; 50% for the next two percent you contribute);
- An open and self-managed paid time-off policy;
- A hybrid work location policy that supports working from home for part of the week;
- A parental leave policy for both birthing and non-birthing parents, available immediately upon hire;
- Professional development and education assistance.
Commitment to Diversity and Inclusion
New Leaf Energy values the diverse perspectives, skills, experiences, and contributions of all employees. We want all our employees to feel like they belong and are empowered to be their most authentic selves at work. We’re actively committed to fostering diversity and creating an inclusive environment not only within our own organization but also within the clean energy industry.
We seek a diverse candidate pool in this–and every–search. New Leaf Energy provides equal employment opportunities to all employees and applicants without regard to race, color, religion, gender, age, sexual orientation, national origin, ancestry, disability, genetics, veteran status or any other characteristic protected by state, federal and local laws. In addition to federal law requirements, New Leaf Energy complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. EEO M/F/D/V.
A Note to Third-Party Recruiters
New Leaf Energy’s People + Culture team coordinates all recruiting and hiring at our company. New Leaf Energy does not accept unsolicited resumes from third-party recruiters, staffing firms, or related agencies. Resumes are only accepted from third-party recruiters, staffing firms, or related agencies if a signed agreement is in place AND if external recruiting assistance is authorized by the People + Culture team for a specific position. All unsolicited resumes will be considered the property of New Leaf Energy. New Leaf Energy is not responsible for any fees related to unsolicited resumes.
What We Do
New Leaf Energy is one of the leading developers of renewable energy and energy storage projects in the United States—both distributed generation and utility scale. Headquartered in Lowell, MA, with employees and projects spanning the country, New Leaf Energy was formed in 2022 out of Borrego’s market-leading solar and energy storage development business, which extends back to 1980.
At New Leaf Energy, we partner with landowners, utilities, and local communities to secure, design, and permit commercial, community, and utility-scale renewable energy and energy storage projects and prepare them for sale to long-term asset owners. Together with our partners, we aim to accelerate the adoption of renewable energy in service of the goal of rapidly decarbonizing our society