Project Finance Analyst

About Us

Highland Electric Fleets’ electrification-as-a-service (EaaS) model aims to make electric school buses and other clean heavy duty vehicles attainable for every district across the US and Canada. Our turnkey solution tackles financing, vehicle procurement, infrastructure upgrade and maintenance to create a reliable and affordable fleet for our customers.

We know that cleaner buses create healthier communities and it’s our mission to eliminate the barriers to better student health and cleaner air - just 10 electric buses will reduce the pediatric asthma risk for 1,500 students!*

We are looking for candidates that want to help support this mission…

*Source: American Journal of Respiratory and Critical Care Medicine. Based on estimates for Highland customer with large fleet

The Project Finance Analyst will support a team of finance professionals who underwrite, model, negotiate and structure equipment service agreements and financings, including debt, lease, and tax equity financings.

The position requires a proactive individual who thrives in a fast-paced environment, constantly collaborating with various internal and external teams to meet transaction deadlines.

The individual would ultimately be responsible for managing day-to-day execution of these transactions and performing project-specific related analysis to optimize asset pricing.

Essential Function: Project Modeling and Underwriting

• Own every aspect of the project financial model, including becoming intimately familiar with the potential capital permutations and value levers
• Evaluate and strengthen project-level underwriting for Highland’s electrification-as-a-service offering, understanding and improving key assumptions driving pricing and project returns
• Analyze financial results and communicate performance and pricing impacts internally
• Manage various tracker and tool updates and dissemination, as needed

Essential Function: Cross-Functional Support and Collaboration

• Collaborate with Origination, providing transactional support throughout the deal cycle
• Work closely with Origination, Market Development and Fleet Operations teams to understand, monitor, and improve the various construction, operational, and federal/state grant inputs to the model
• Prepare financial analyses to inform decision-making for Origination and Fleet Operations
• Support legal structuring and bankability of agreements
• Collaborate across departments within the company and with external advisors to lead project finance diligence and closings

Essential Function: Transaction Support

• Support (and eventually lead) various aspects of a project sale and financing, including but not limited to: Due Diligence ▪ Dataroom Management ▪ Term Sheet and Transaction Document Support ▪ Independent Engineer Reports ▪ Appraisal/Cost Segregation Reports ▪ Insurance Consultant Reports ▪ Project Closing activities
• Support deal lead on marketing of project capital structure to financiers
• Support transaction team in various approval stage-gate and committee review processes

Qualifications:

• Bachelor’s degree
• Minimum 2 years in Renewables/Power & Utilities, finance, or capital markets
• Previous project underwriting experience preferred
• Expert proficiency in Microsoft Office, especially Microsoft Excel, including experience with financial modeling
• Work and prior transactional experience in project finance, asset- backed finance, M&A, investment banking, real estate, energy, insurance, private equity or venture capital
• Understanding of return metrics, including NPV, IRR, MOIC
• Basic knowledge of accounting and financial statements
• Excellent quantitative and analytical skills
• Ability to present complex information succinctly and efficiently to audiences internal and external
• High attention to detail
• Strong problem-solving and organizational skills
• Experience managing projects with multiple stakeholders on tight timelines

What You Can Expect from Highland:

· Competitive base salary and performance-based bonus program

· A supportive, highly collaborative, team-oriented environment

· Opportunities to make a difference, be heard, add value, and be recognized

· Growth and development with a leader in this new and exciting industry

· Ability to work with bright, innovative, and forward-thinking colleagues

· Health, Vision, and Dental coverage for employees & their dependents

· Life insurance, public transportation assistance

· Generous Paid Time Off

· 401(k) program and company match

Highland Electric Fleets provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, Highland Electric Fleets complies with applicable state and local laws governing nondiscrimination in employment. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.